October saw one of only seven monthly drops in the core Consumer Price Index since 1947.
Hungary and Ukraine received emergency loans from the IMF Sunday. Belarus and Serbia are asking for help, too.
The region is affected by global downturn, but more prepared this time thanks to greater foreign reserves and less external debt.
In essence, Congress is telling him to create his own financial recovery plan.
After 778-point plunge, markets need private investment and bank restructuring for a recovery.
The Treasury's $700 billion rescue would push US into uncharted territory.
With no investment banks and tighter regulation, experts see a less dynamic recovery ahead.
London and New York stopped a practice seen as pushing stocks down. But some say short-sellers are merely scapegoats.
Job No. 1 for central bankers: restore confidence in markets.