Medvedev pledges more $36B cash for banks

Medvedev pledges more $36B cash for banks

biz.yahoo.com

MOSCOW (AP) -- President Dmitry Medvedev unveiled new measures Tuesday to prop up Russia's shattered banking system, injecting billions of rubles to ease a liquidity shortage one day after the country's stocks suffered their worst-ever day of trading.

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just saw this and did a quick Google search.. nada. So, the russian banks were bad and now they're pledging 36b ..to 'bail out' .. ..yea ok..i don't get it.. I didn't read the whole article .. but..still ..something to me is fishy in that EVERYONE seems to be bailing out.. . and this is actually over 51 words so .. plz fix this field ..

biz.yahoo.com
(visit the link for the full news article)

This is what ive been posting for days. I dont understand why folks on here think this is just a US problem? Its a GLOBAL issue.

reply to post by princeofpeace


They think that because the dollar, is the main currency of the world, but many countries now want that changed. America caused it, and uk, so why should the rest of the world pay for it. Haven't the rest of the world paid already for americas beastly behaviour.