Federal Reserve Chairman Ben S Bernanke on Tuesday said that global financial markets are under ``extraordinary stress'' and an action by the Congress was urgently required to stabilise the situation to avert any serious consequences to the economy.
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``Financial markets under extraordinary stress''
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Dr. Josef Ackermann presents a set of measures for overcoming the financial crisis
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'Need to regulate financial market'
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Regulation 'must ensure core banking system is safe'
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Traders call for more safety checks
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Economic stability is the real challenge:
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EU calls for global response to economic slowdown
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Sa 'better equipped' for financial crisis
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Bernanke telegraphs more rate cuts
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Bernanke declares global economy beginning to emerge from worst crisis in generations
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Regulation is first defence - Bernanke
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Crisis to crimp global capital flows further
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Fed says strains in financial markets have 'increased significantly'
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Ben Bernanke to deliver economic report to Congress
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Central bank stepping up monitoring of 'too big too fail' companies and other risks to financial stability:
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Stock markets face pressure
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IMF: 'serious challenges' in designing bailouts for euro zone