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April 15, 2007
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Asian central banks act to calm markets
| Findory News
New Zealand Herald: HONG KONG - Asia's central banks took further steps yesterday to calm markets roiled by fears over a credit squeeze, with the Bank of Japan injecting US$5.1 billion into the banking system and others pledging to follow suit if needed. South...
Bridge under construction in central China collapses, killing at least 22
Tue, 14 Aug 2007 01:53:00 -0400 | canoe CNEWS
BEIJING (AP) - China Central Television reports a bridge under construction as a tourist attraction in central China has collapsed, killing at least 22 people and leaving 46 missing.
Central bankers move again to stabilize markets
| Findory News
Toronto Star: Central banks around the world continued to pour money into the financial system yesterday and it worked – for awhile.
Tue, 14 Aug 2007 15:37:54 GMT | Business Standard
Asian stocks rose, following their biggest drop in five months, as the region's central banks moved to ease a credit crunch sparked by losses on higher risk mortgages.??
Central banks' views of crisis diverge
| Findory News
Financial Times: The crisis of confidence that has gripped short-term lending markets in the past view days appeared to ease as Asia's central banks reversed the policy of recent days and withdrew money from the financial system.
| Findory News
Financial Times: Jean-Claude Trichet, the president of the European Central Bank, called for calm in the region's financial markets following recent volatility that saw co-ordinated efforts from the world's central banks to prop up confidence in the money markets.
European Central Bank pumps more cash into the markets
| Findory News
Houston Chronicle: The European Central Bank added another $10.5 billion into money markets on Tuesday hoping to dampen speculation about the stability of the debt markets.
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