Paperweight

The European Central Bank and the Bank of England each injected another 40 billion dollars under one-day arrangements into the tight credit system Monday.

JFK airport terminal evacuated

ITN - 22 minutes ago (15:15:30)

A terminal at New York's John F. Kennedy International Airport has been evacuated after a suspicious device was found.

Passengers were asked to leave the JetBlue terminal and all flights from the terminal were delayed.

JetBlue spokeswoman Alison Eshelman said terminal six was cleared at around 7.45am, "out of an abundance of caution," after a suspicious device was found in a customer's checked luggage.

The terminal was reopened at 8.15am after the item was found to be a couple of World War Two replica grenade paperweights. Eshelman said there were minimal flight delays resulting from the evacuation.

The United Nations General Assembly is meeting in New York this week, so airport security is especially high.

Yesterday, after treating my outstanding paperwork in blog, in a Calendar resolve like always put “O meu ferro”, which I use sometimes like a paperweight to diminish the thickness of My Agenda.

It’s shame that some body call this a weapon … Maybe they remember my humble participation in Boca de Raton…

G7 backs US rescue measures in financial crisis

AFP - 25 minutes ago

WASHINGTON (AFP) - The Group of Seven industrialized nations pledged Monday cooperation with the United States to address financial turmoil gripping global credit markets.

"We strongly welcome the extraordinary actions taken by the United States to enhance the stability of financial markets and address credit concerns, especially through its plan to implement a program to remove illiquid assets that are destabilizing financial institutions," the G7 finance ministers and central bank governors said in a statement.  The statement was issued following a G7 conference call Monday to discuss global financial markets. The G7 nations are United States, Japan, Canada, Britain, France, Germany and Italy. US Treasury Secretary Henry Paulson said Sunday "I'm ... going to be pressing our colleagues around the world to design similar programs for their banks and institutions when they are appropriate."

"We reaffirm our strong and shared commitment to protect the integrity of the international financial system and facilitate liquid, smooth functioning markets, which are essential for supporting the health of the world economy," the G7 said.