U.S. banking regulators will outline on Tuesday a sweeping government response to the global credit crisis that will aim to "restore functioning of our credit markets," the Treasury Department said on Monday.
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John R. Ulzheimer, the author of ?You?re Nothing But a Number? and an expert on credit scores, answered reader questions on credit.
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The European credit crisis will have an impact on Barcelona but the club will weather the storm, a top official at the Catalan club said Monday.
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Lenders remained reluctant to lend Monday, even as a key interbank interest rate eased ever-so-slightly in a tentative first step in the right direction for the choked credit markets.
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WASHINGTON, Oct. 13 (UPI) -- The United States and Italy worked to resolve past global challenges and are doing so again with the credit crisis, U.S. President George Bush said Monday.
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Oct. 14 (Bloomberg) -- BlueScope Steel Ltd. , Australia's largest steelmaker, said the global credit crunch may curb demand for its products. ``The ongoing crisis in the financial markets may affect funding of commercial and industrial projects, dampening demand,'' Paul O'Malley , managing director of the Melbourne-based company, said in its annual report, sent today to the Australian stock ...
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Three Latin American lenders pledged Monday to supply US$9.3 billion in emergency aid to help countries across the region ease cash-supply problems amid the global credit crisis.
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