An additional pump lowered into the mine by the fire service has helped reduce the water levels.
The Fed has committed to bond purchases that will pump an additional two trillion dollars into the economy to finance this growing budget gap.
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The Italian government, which currently holds the EU's rotating presidency, is proposing that the Europe's long-term investment agency, the European Investment Bank, increase its borrowing so that it can pump an additional euro11 billion a year into roads, railways and other infrastructure projects across the continent, with private investors putting up several times as much money.
While Libyan production has been significantly cut down, OPEC has announced that its production has reached 30.2 million barrels per day, the highest level since December 2008, and that they may pump in an additional 6 million barrels per day if needed.
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Despite several rate cuts by the Federal Reserve, and additional efforts by the central bank to pump cash into the banking system to ease the credit crunch, banks are still finding the need to raise additional capital by either slashing their dividend, as National City Corp. did last week, or selling stakes to outside investors.
Despite several rate cuts by the Federal Reserve, and additional efforts by the central bank to pump cash into the banking system to ease the credit crunch, banks are still finding the need to raise additional capital by either slashing their dividend, as National City Corp. (nyse: NCC - news - people ) did last week, or selling stakes to outside investors.
Rising expectations that the Fed will pump more money into the financial system through additional purchases of long-term bonds, such as mortgage-backed securities, helped fuel a 1.1% increase in gold prices Wednesday.
However, just the anticipation of additional quantitative easing and still lower long-term interest rates has already potentially begun to pump up the next bubbles, as investors have moved out the risk curve in an effort to find higher rates of return.
Those industries have powerful protectors in both parties in Congress who will fight any additional regulations handed down by the administration that could contribute to Americans paying more for electricity and gas at the pump.
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