Flight to safety

- September 17th, 2008

Gold Investing News reports financial markets were under pressure due to collapse of Lehman Brothers and AIG. Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European Central Bank injected US$99.8 billion, with the U.S. Federal Reserve adding US$50 billion, followed by the Bank of England … Continued

Gold Investing News reports financial markets were under pressure due to collapse of Lehman Brothers and AIG.

Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European Central Bank injected US$99.8 billion, with the U.S. Federal Reserve adding US$50 billion, followed by the Bank of England and the Bank of Japan inserting US$36 billion and US $24 billion, respectively.

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