President George W Bush has said that the US is taking unprecedented measures to solve the crisis that is gripping US financial markets. US government has pledged billions of dollars to bail out companies facing credit problems.
US Treasury Secretary has said that legislation for the plan will be pushed through as soon as possible.
Central Banks from around the world have also pumped billions of dollars in money markets in order to provide stability. Centrals Banks of Canada, Europe, Japan have injected nearly $180bn in markets to ease liquidity crisis.
The sooner this crisis is over the better.
President George W Bush has said that the US is taking unprecedented measures to solve the crisis that is gripping US financial markets. US government has pledged billions of dollars to bail out companies facing credit problems.
US Treasury Secretary has said that legislation for the plan will be pushed through as soon as possible.
Central Banks from around the world have also pumped billions of dollars in money markets in order to provide stability. Centrals Banks of Canada, Europe, Japan have injected nearly $180bn in markets to ease liquidity crisis.
The sooner this crisis is over the better.
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