Central Banks Move Quickly To Avoid Global Meltdown

FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to shore up the world financial system by making it easier for banks to borrow American dollars. - Central Banks Move Quickly To Avoid Global Meltdown
Stocks Surge After Central Banks' Action on Debt Crisis - nytimes