***** HEADLINES *******
1. Europe awaits new US president in time of crisis
2. [Comment] ECB's multibillion lending missing the mark
***** THE NEWS *******
1. Europe awaits new US president in time of crisis - 03.11.2008 - 09:24
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Some 130 million American voters will elect on Tuesday the new man to takeover the White House. Be it Republican John McCain or Democrat Barack Obama, the winner will significantly shape EU-US relations at a time of financial crisis.
http://euobserver.com/9/27028/?rk=1
2. [Comment] ECB's multibillion lending missing the mark - 03.11.2008 - 09:21
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At the end of October 2008, the European Central Bank's (ECB) lending tothe banking sector reached the ?750 billion mark. The problem is that flooding the market with liquidity won't work, unless accompanied by an immediate and deep cut in the ECB's lending rate, University of London economics professor George Irvin says.
http://euobserver.com/9/27030/?rk=1
Monday, November 03, 2008
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