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Wednesday, November 30, 2011

Stocks Surge As Bernanke, ECB Throw More Dollars At Europe's Crisis


◼ Wall Street enjoyed a big jump Wednesday morning, after a coordinated action by central banks around the world to provide more liquidity to the global financial system. - Forbes
◼ FED TO THE RESCUE - Bloomberg
◼ Europe delays major debt decisions for 10 days - apnews
◼ The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone's debt crisis drove EU ministers to urge more IMF help to avert financial disaster. - Reuters
◼ Businesses plan for possible end of euro - ft.com (image source)
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at 4:29 PM Labels: International Issues, International News, Stock Market
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