Fed & Central Banks Act to Boost Liquidity
Posted in Main Blog (All Posts) on December 1st, 2011 5:31 am by HL
Fed & Central Banks Act to Boost Liquidity
Binyamin Appelbaum, NYT
The Federal Reserve moved Wednesday with other major central banks to buttress the financial system by increasing the availability of dollars outside the United States, reflecting growing concern about the fallout of the European debt crisis.The banks announced that they would reduce by roughly half the cost of an existing program under which banks in foreign countries can borrow dollars from their own central banks, which in turn get those dollars from the Fed. The banks also said that loans will be available until February 2013, extending a previous endpoint of August 2012.
Romney Prepares to Slug It Out With Gingrich
Doyle McManus, LA Times
GOP Field Leaves IA Evangelicals at a Loss
Erin McPike, RealClearPolitics
Without Mike Huckabee in the presidential race, evangelical Christian voters in Iowa are still searching for a candidate to embrace just five weeks before the caucuses.The Hawkeye State remains a free-for-all. Republican leaders there continue to chastise Mitt Romney for not committing to the state, and many religious voters find him intolerable in part for his more moderate social stances and because he is a Mormon. The Christian base also isn't stoked about newly minted front-runner, Newt Gingrich, and the fading Herman Cain has long been more attractive to the Tea Party than to the…
Huntsman Starting to Get Traction
Rachelle Cohen, Boston Herald
An older fellow with a craggy New Hampshire face turns toward the camera and says, “Why haven’t we heard of this guy?”The “guy” in question is Republican presidential contender Jon Huntsman — a former governor of Utah, a former U.S. ambassador to China — who finally this week hit double digits in a poll of likely voters in the first-in-the-nation New Hampshire primary.
