Page 2 - 183 Billion News Today

Be upset with this. >> i know. i know. people are going to be upset and they have a right to be upset. i mean, the federal government has created a mess, a, by getting into the housing business. in 1938 which was then fannie was started and in 1970, under richard nixon which was when freddie was started, and then entering agreements with the officers of these corporations which once were wholly owned by the government and then were traded on the public stock exchanges, then are back wholly owned...

>> shepard: we dont know. the japanese officials are still considering this the fourth worse level out of 7. the united states officials and united nations who are considering this -- i should say the united nations wash dog agency considering this 6 on a 7. we know the computer systems around this facility were knocked out. how they are monitoring radiation there is beyond us. there are not people inside the core itself where the damage has supposedly taken place where the radiation has suppose...

United states. now japan is slightly over 40%. here is where we are. at 45%. where are we. there we are, 4%. who is going to buy our debt? japans central bank injected 15 -- i thought it was a billion, but its trillion, isnt it? trillion yen. $183 billion. right in to the market to stabilize their economy. the nuclear meltdown story is the one that everybody is talking about. the one that really truly affects every human on earth is the possibility of the global economic or bond meltdown.

This obviously is in response to what is going to be an enormous rebuilding plan for japan for that hard-hit area of the northeast and part of the country. taisei and kajima both soaring. known for constructing buildings. it certainly led to gains for all japanese construction stocks. they rally in korea as well. but back in japan on the wider economic front. the bank of japan, the central bank said it was going to inject a record $183 billion of cash into the financial system to make sure thing...

How can much can we afford to pitch in. third largest economy in the world. >> until last week, the japanese economy was recovering. that has stalled and almost certainly gone in reverse. as you said marth ait is the third largest world economy. you cant shut it down. it will affect us and slow down our rate of growth and affect our job creation . and it is a negative for everybody. >> oil dropped because a customer got injured. >> less oil for japan . same supply . lower prices. >> they pump 7 ...

They are rallying in south korea. the bank of japan, the central bank met and decided to take swift action. it is going to pump a record amount of money into the financial system. $183 billion. to make sure there is enough money in the financial system so the banks can lend to each other and lend to anyone who would want to take out a loan. the idea is to keep confidence in the financial system. there is uncertainty and fears in japan, broad fears so the boj trying to calm any fears people might...

The nuclear threat. >> and as weve heard, the disaster is hitting the economy very, very hard there. akiko fujita is joining us now from an evacuation center in fukushima. akiko, weve heard about the economic toll this earthquake is having already. what is being done today in all of this? >> reporter: well, youre right, you know, shocks from the quake has extended to the markets. japans benchmark nikkei fell 6.3% in the first session since the quake hit. that prompted the central bank to line up...

Injecting a record 15 trillion yen, $183 billion into the economy, liquidity to go in, and calm investors worries, which is a lot. the economic aftershocks here in the u.s., oil prices are down today due to less demand from japan. now, japan, here the third largest importer of oil. but overall energy prices could rise should they meet a shift from the nuclear power to natural gas and coal. heres the big impact as toyota, honda, and nissan have all shut down plants due to lelectrical shortages an...

But in hong kong, the hang seng rose 96. well, given the vast extent of last weeks earthquake in japan, not surprisingly companies that do business there, as well as nuclear-related businesses look to be the most vulnerable this week on wall street. tokyos stock market spiralled downward. japans central bank has injected a record 15 trillion yen, $183 billion into money markets to try to defend japans already-fragile economy. keep an eye on the nations two biggest nuclear operators, exelon and...

United states. now japan is slightly over 40%. here is where we are. at 45%. where are we. there we are, 4%. who is going to buy our debt? japans central bank injected 15 -- i thought it was a billion, but its trillion, isnt it? trillion yen. $183 billion. right in to the market to stabilize their economy. the nuclear meltdown story is the one that everybody is talking about. the one that really truly affects every human on earth is the possibility of the global economic or bond meltdown. that i...