WASHINGTON - FEDERAL Reserve policymakers are weighing whether additional steps are needed to brace the US economy as an outbreak of the swine flu has emerged as a potential new danger that could aggravate the recession.
NEW YORK - WALL STREET skidded at the opening on Tuesday amid investor jitters about the spread of swine flu and reports suggesting big US banks might need further capital to shore up their finances.
WASHINGTON - THE World Bank on Tuesday said it was too early to make an accurate cost estimate of the global economic impact of the rapidly spreading swine flu outbreak.
'The situation's evolving constantly and it's just too soon to try and get anything approaching an accurate assessment of the global impact,' Phil Hay, a World Bank health spokesman, told AFP.
