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Daily Dispatches

Central banks around the world cut interest rates

Section: Daily Dispatches

By Keith Weir and Daniel Trotta
Reuters
Wednesday, October 8, 2008

http://www.reuters.com/article/ousiv/idUSTRE49542Y20081008

Central banks around the world cut interest rates in unison on Wednesday in a joint response to the global financial crisis, giving a boost to battered stock markets.

Central banks all but stop lending gold

Section: Daily Dispatches

By Javier Blas
Financial Times, London
Tuesday, October 7, 2008

http://www.ft.com/cms/s/0/f565b702-949a-11dd-953e-000077b07658.html?ncli...

British banks to be recapitalized through part nationalization

Section: Daily Dispatches

Massive Rescue Plan for Banks

By George Parker, Chris Giles, and Tony Barber
Financial Times, London
Tuesday, October 7, 2008

http://www.ft.com/cms/s/0/e5b767d2-948c-11dd-953e-000077b07658.html?ncli...

John Crudele: The 75-minute market rescue

Section: Daily Dispatches

By John Crudele
New York Post
Tuesday, October 7, 2008

http://www.nypost.com/seven/10072008/business/the_75_minute_market_rescu...

Trumpets were blaring when the Plunge Protection Team came to the rescue of the stock market in the final hour yesterday.

It was something right out of an old John Ford Western.

U.S. Mint stops producing quarter-, half-ounce gold

Section: Daily Dispatches

U.S. Mint Halts Production of Half-, Quarter-Ounce Gold

By Frank Tang
Reuters
Tuesday, October 7, 2008

http://africa.reuters.com/wire/news/usnN07435260.html

CNBC airs prediction of default in paper gold

Section: Daily Dispatches

8:45a ET Tuesday, October 7, 2008

Dear Friend of GATA and Gold:

Russia, Iceland act in bank crisis; Oz cuts rates

Section: Daily Dispatches

By Omar Valdimarsson and Keith Weir
Reuters
Tuesday, October 7, 2008

http://www.reuters.com/article/ousiv/idUSTRE49542Y20081007

Iceland took over its second largest bank on Tuesday and Russia announced an aid package for the financial sector to bail out victims of the global financial crisis.

Fed considers plan to fund short-term business loans

Section: Daily Dispatches

By Jeannine Aversa
Associated Press
via Yahoo News
Tuesday, October 7, 2008

http://news.yahoo.com/s/ap/20081007/ap_on_bi_ge/fed_credit_crisis;_ylt=A...

WASHINGTON -- The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.

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