Blog
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Authorities Hopeful That โCoordinated Emergency Rate Cutโ Will Restrain Spreading Financial Crisis
Confirming speculation that the Federal Reserve may cut interest rates before their next official meeting scheduled for 28-29 October, it was announced Wednesday that rates would be cut by ...
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Markets Remain Edgy on Both Sides of the Atlantic
Despite assurances from the U.S. Federal Reserve that measures are to be implemented immediately to make funds available to financial institutions, the U.S. stock markets took a battering ...
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Emergency Measures by Fed Hope to Boost Market Confidence
Before the day even began, stock market players knew that Monday was going to present enormous challenges. With unanswered questions as to how the $700 billion financial sector bailout plan ...
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Air of Pessimism Likely to Persist Despite Approval of Revised $700 Billion Bailout
Following almost two weeks of intense debate, the revised $700 billion financial sector bailout plan was passed by the U.S. House of Representatives, with President George W. Bush signing ...
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France to Host European Financial Summit
President of France, Nicolas Sarkozy, is set to host a European financial summit in Paris this coming weekend in an effort to agree to a united European Union response to the financial ...
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Senate-Approved Bailout Plan Heads for House Vote
Following more than three hours of floor debate on Wednesday night, the Senate passed a revised version of the controversial $700 billion financial sector bailout plan, by a vote of 74 to ...
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U.S. Markets Rebound on Hopes of Revised Bailout Plan Success
While global financial markets continued to fluctuate on Tuesday, U.S. markets rose substantially, gaining back roughly half of Mondayโs enormous losses. Analysts believe that this rebound ...
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$700 Billion Plan Rejected as American Voters Voice Discontent
The decision by the U.S. House of Representatives to reject the proposed $700 billion bailout for the financial sector has had rapid and far reaching repercussions. Within Mondayโs seven and ...
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U.K.โs Bradford & Bingley โ Another Financial Sector Casualty
While U.S. officials hammer out the details of the much publicized $700 billion bailout of financial institutions, the U.K. is also facing a host of problems relating to the financial ...
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Is Multi Billion Dollar Bailout Plan On A Rocky Road To Nowhere?
With the Bush Administrationโs $700 billion financial sector bailout plan dominating news headlines, and authorities seemingly unable to reach an agreement, the stock markets continue to be ...
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Are Investment Fees Eroding Your Investment?
Irrespective of who is handling your investment portfolio, it is important that you review the performance of your investments regularly. While your primary focus will be on your investment ...
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$700 Billion Plan – More Questions than Answers
Investors remain on high alert as Congress continues to weigh the pros and cons of the Bush administrationโs proposed $700 billion financial institution bailout plan. It appears that the ...