No English names on new IPL auction listSource: Cricinfo
There are no English names in the IPL's list of the 51 players who will be involved in the auction for the 2010 season. Lalit Modi, the IPL commissioner, told Cricinfo this is because of "new conditions imposed by the ECB".
ICL fires legal salvo against ECB, BCCI & ICC - dnaindia.comSource: dnaindia.com
The Indian Cricket League (ICL) has dashed off legal notices to the Board of Control for Cricket in India (BCCI), the International Cricket Council (ICC) and the England and the Wales Cricket Board (ECB), stating that the 'boycott' of the players associated with the ICL was "ille …
Overvalued euro set to plunge 'within months' Source: Telegraph
Spread betting companies have reported a huge wave of short euro trades in the last two weeks, leading to speculation that a significant correction in the currency will come in the next few months.
Cricinfo - England could host Pakistan TestsSource: Cricinfo
Giles Clarke, the ECB chairman, has floated the idea that England could host Test matches for Asian countries who struggle to fill their grounds, or fail to attract opposition in the first place owing to security fears.

The headline was fun. Its unpleasant word picture is something else entirely, yet we find more and more swimmers jumping into the sticky pool every day and having a slow go. The stickiness is called deflation, or economic lethargy, or even despair.
Fed, ECB, Central Banks Cut Rates in Coordinated Move Source: Bloomberg.com
The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an unprecedented coordinated effort to ease the economic effects of the worst financial crisis since the Great Depression.
Financial crises spread in EuropeSource: International Herald Tribune
European nations scrambled on Sunday night to prevent a growing credit crisis from bringing down major banks and alarming savers as troubles in financial markets spread around the world, accelerating economic downturns on three continents.
ECB doyen Otmar Issing calls crisis "extremely dangerous"Source: Telegraph
"Otmar Issing, the former chief economist of the European Central Bank, has warned that confidence in the world's financial system is draining away, leaving authorities facing the gravest challenge in living memory.

Latest depressing news from the newly forming Communist state.

At the moment we are waiting to see, how much FED will low the interest rates. The average estimation is one percent from 3% to 2%.
Soaring euro threatens European jobs exodusSource: Telegraph
The euro has surged to an all-time high of $1.51 against the dollar, prompting bitter complaints from European industry and setting off a sharp sell-off in sovereign bonds from southern states deemed least able to withstand a super-strong currency.
Investors stunned by ECB's €350bnSource: FT.com
This is a massive injection of liquidity into the markets and is indicative both of the serious intent of the ECB to take whatever actions is needed...and the sheer scale of the problem.
ECB opens cash taps to fight credit crisisSource: Agence-France Presse
The European Central Bank extended unlimited amounts of two-week cash to the markets Tuesday, an unprecedented step aimed at easing a global credit squeeze that risks choking off the commercial bank lending on which business depends.

At today's meeting ECB decided to remain the minimum bid rate on the main refinancing operations and the interest rates unchanged at 4.00%, 5.00% and 3.00%. Besides that, ECB keeps on loaning money on the markets, today 42 billion euros.
All Eyes on the ECBSource: Business Week
Does the European Central Bank know something the rest of the world doesn't? That was the question on the minds of investors and traders in Europe on Aug.
ECB injects emergency funds for first time since 9/11Source: Telegraph
The European Central Bank has injected emergency liquidity into the European credit markets for the first time since the 9/11 terrorist attacks, acting to prevent contagion from the US sub-prime mortgage slump spreading through the German, French, Dutch, and Spanish banking syste …
Cyprus, Malta get OK to join euro zoneSource: Business Week
Cyprus and Malta cleared the first major hurdle to joining the euro currency zone on Wednesday when the European Commission and the European Central Bank backed their membership applications.