central banks

Central banks pumping billions into world financial system

Submitted by MichaelVail on Wed, 12/12/2007 - 8:02pm.
Central banks in Europe and North America moved Wednesday to increase the amount of money they could lend to banks and to make it more readily available in an attempt to ease the credit squeeze.

Is China quietly dumping US Treasuries?

Submitted by MichaelVail on Thu, 09/06/2007 - 3:04am.
A sharp drop in foreign holdings of US Treasury bonds over the last five weeks has raised concerns that China is quietly withdrawing its funds from the United States, leaving the dollar increasingly vulnerable.
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