Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
Obama receives congratulations from world leaders
CHICAGO - President-elect Obama accepted congratulations from nine presidents and prime ministers Thursday, returning calls from world leaders who reached out after his presidential victory.
Nations:Mexico U.K. South Korea Canada Afghanistan Iraq People:Kevin Rudd Lee Myung-Bak Nicolas Sarkozy Gordon Brown Felipe Calderon Ehud Olmert Activities:Obama Admin. US Election 2008
2008-11-06
Networks ready Election Night gizmos
Election night technology has come a long way since Tim Russert memorably held up a white board with three words scrawled on it: "Florida! Florida! Florida!"
Nations:U.S. People:Tim Russert Chris Matthews Campbell Brown Wolf Blitzer David Wright Keith Olbermann Activities:US Election 2008
2008-11-04
Worries over economy spread; global markets sink
Wall Street may get a reprieve Thursday after a crucial barometer of inflation came in flat last month.
Nations:U.S. U.K. Russia Germany Japan France People:Gordon Brown Henry Paulson Ben Bernanke Barack Obama John McCain Activities:Global Financial Crisis
2008-10-16
G-8 announces global summit on financial crisis
Leaders of the Group of Eight major industrial countries said Wednesday they will meet "in the near future" for a global summit to tackle the financial crisis.
Nations:India Russia France Brazil Italy Germany People:Nicolas Sarkozy Gordon Brown Angela Merkel Activities:Global Financial Crisis Group of Eight
2008-10-15
Bush, allies pledge joint action on global crisis
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action.
Nations:Germany U.K. France India Brazil Italy People:Henry Paulson Joseph Biden Barack Obama John McCain Activities:Global Financial Crisis Bush Admin.
2008-10-11
Fed slashes interest rates, but stocks lose again
Wall Street bounced higher and lower Wednesday trying to make up its mind about an unprecedented coordinated interest rate cut by central banks around the world. In the end it settled on a familiar feeling -- fear -- and plunged again.
Nations:Switzerland Germany Sweden France Canada People:Gordon Brown Henry Paulson Ben Bernanke Barack Obama Charles Schumer John McCain Activities:U.S. Markets
2008-10-08
Fed, central banks cut rates to aid world economy
In a rare coordinated move, the Federal Reserve and other major central banks from around the world slashed interest rates Wednesday to prevent a mushrooming financial crisis from becoming a global economic meltdown.
Nations:Switzerland Germany Sweden Japan France Canada People:Ben Bernanke Barack Obama John McCain Activities:Global Financial Crisis
2008-10-08
World stock markets plunge on crisis fears
LONDON - Stock markets slumped worldwide Monday, some marking record one-day drops, on fears the global financial crisis will worsen and hit the wider economy despite bank bailouts in the U.S. and Europe.
Nations:Germany France Luxembourg Brazil Colombia India Activities:Global Financial Crisis Japanese Markets U.S. Markets European Markets Source:(AP)
2008-10-06
Scarlett Johansson, Ryan Reynolds marry in Canada
LOS ANGELES - Scarlett Johansson and Ryan Reynolds did a little rushing into it after all.
People:Ryan Reynolds Woody Allen Scarlett Johansson Source:(AP)
2008-09-28
China's milk scandal bares government shortcomings
BEIJING - The note posted in July on the Web site of China's food safety inspection agency came from a doctor: There had been a sudden rise in infants turning up at his hospital with kidney stones after drinking the same brand of formula.
Nations:New Zealand Australia Canada People:Wen Jiabao Activities:2008 China Milk Scandal China Hu Jintao Admin.
2008-09-23
Fed, central banks move to boost global confidence
NEW YORK - The Federal Reserve, working with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets on Thursday to combat a seizing up of lending between banks that is intensifying global financial crisis.
Nations:Canada U.S. Activities:2008 AIG Crisis U.S. Markets
2008-09-18
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