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Fri Mar 21 00:35:58 CET 2014


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On the night of the Benghazi terror attack, special operations put out 
multiple calls for all available military and other assets to be moved 
into position to help -- but the State Department and White House 
never gave the military permission to cross into Libya, sources told Fox 
News.The disconnect was one example of what sources described as a communication 
breakdown that left those on the ground without outside help."When you are 
on the ground, you depend on each other -- we're gonna get 
through this situation. But when you look up and then nothing outside 
of the stratosphere is coming to help you or rescue you, that's 
a bad feeling," one source said.Multiple sources spoke to Fox News about 
what they described as a lack of action in Benghazi on Sept. 
11 last year, when four Americans, including Ambassador Chris Stevens, were 
killed."They had no plan. They had no contingency plan for if this 
happens, and that's the problem this is going to face in the 
future," one source said. "They're dealing with more hostile regions, hostile 
countries. This attack's going to happen again."Under normal circumstances, 
authorities in Benghazi would have fallen under the chief of mission, one 
source said -- the person in charge of security in the country 
who in this case was Stevens. But once Stevens was cornered and 
members of his security detail pushed his distress button, that authority 
would have been transferred to his deputy. However, that deputy
rowing costs   as long as they first ask 
for help from the eurozone's bailout fund.The purchases would lower borrowing 
costs because they would drive up bond prices up and interest yields 
down, since prices and yields move in opposite directions. Governments could 
then take advantage of those lower yields when they sell bonds to 
pay off old bonds that are coming due.The ECB has actually bought 
no bonds under the offer. The mere fact that the offer exists, 
however, affected the bond market and lowered borrowing costs for countries 
such as Spain and Italy.CHEAP LOANS TO BANKS: The ECB made an 
unlimited amount of cheap, three-year loans available to banks on two occasions. 
In December 2011, 523 banks borrowed 489 billion euros ($608.17 billion) 
and 800 banks borrowed 530 billion in a second operation in February 
2012.The long duration of the loans gave banks security that they would 
have the money they needed through 2015.  It eliminated market fears 
that one or more banks might collapse and thus made it easier 
for banks to borrow money and function in support of the wider 
economy.Some of the money is now being repaid by banks under a 
provision that lets them give the money back after a year.EMERGENCY ASSISTANCE: 
The ECB is allowing national central banks in troubled countries to make 
emergency loans to banks that are not eligible to borrow from the 
ECB's programs. That is because those banks don't have enough safe collateral 
such as hig


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