Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterCentral bank pumps $50 billion into European market
Thursday, Sept. 13, 2001 | 10 a.m.
WASHINGTON -- The Federal Reserve, seeking to stabilize the global economy following the worst terrorist attack in U.S. history, announced today that it was making $50 billion available to stabilize European banking systems.
The Fed said it was taking the action "to facilitate the functioning of financial markets and provide liquidity in dollars."
The unusual move followed by one day a joint statement from the world's seven richest countries pledging that their central banks would coordinate activities to make sure that emergency withdrawals did not destabilize any of their banking systems.
archive
- Most Read
- Discussed
- Most E-mailed
- Scientology foe’s arrest raises issue of rights
- ‘Stripper-mobile’ with live dancers raises safety, decency concerns
- Manny Pacquiao, Miguel Cotto arrive at MGM Grand
- Miguel Cotto camp says big cut in June fight an asset now
- Cada cherishes moment as poker’s youngest champ
- $5.1 million later, life goes on for Darvin Moon
- Vegas resorts get new places on Monopoly game board
- Fight snapshot: Arum takes a pot shot during Pacquiao training
- Rebels old and new celebrate anniversary of 1990 title
- Harrah’s launches program to focus on small group travel
Blogs
Shark Bytes
Players on championship team always worked hard (3 Comments)
Sports: Upon Further Review
Fight snapshot: Predictions for Pacquiao-Cotto
The Kats Report
A lesson in information dissemination, with a little Twitter and a lot of Agassi
Now and Then
Ichabods were tougher than they sound
Politics: Ralston's Flash
I shudder to think what the “amazing door prize from the governor” might be (3 Comments)
Pew Center report finds what others have: Nevada's economy depressed, future in doubt (6 Comments)
Elsewhere
Kelly Pavlik to fight in hometown on Dec. 19
Calendar »
- 11 Wed
- 12 Thu
- 13 Fri
- 14 Sat
- 15 Sun
-
Foreigner at Star of the Desert Arena
Star of the Desert Arena
-
Days of the New at Wasted Space
Wasted Space | 10 p.m. to 11:59 p.m.
-
DJ Boris at Godskitchen
Body English | 10:30 p.m. to 11:30 p.m.
-
Holding on to Sound at Beauty Bar
Beauty Bar | 10 p.m. to 11:59 p.m.
-
Rockabilly Wednesay at Revolution Lounge
Beatles Revolution Lounge | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
