Recession fears send world markets down
LONDON - European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
Nations:Italy South Korea Australia Activities:Asian Markets European Markets Source:(AP)
2008-11-20
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
Around the world, US vote sparks buzz for change
BERLIN - Throngs packed plazas and pubs around the world to await U.S. elections results Tuesday, many inspired by Barack Obama's promise of change amid a sense of relief that -- no matter who wins -- the White House is changing hands.
Nations:France Germany Israel Cuba U.K. Kuwait People:Barack Obama Sarah Palin John McCain Activities:US Election 2008 Source:(AP)
2008-11-04
China plane-makers take first steps to rival global giants
ZHUHAI, China - China's fledgling aerospace industry took a major leap forward Tuesday at the nation's only international air show as it announced its first sale of commercial aircraft to a US company.
Activities:Airshow China 2008 Source:(AFP)
2008-11-04
Global stock markets stage rebound
LONDON (AFP) - Global stock markets rebounded Tuesday as investors hunted for bargains after days of massive losses and took heart from prospects for a cut in US interest rates.
Nations:South Korea France Activities:Global Financial Crisis Hong Kong Markets Japanese Markets Chinese Markets Source:(AFP)
2008-10-28
Recession alarm rings around the world
PARIS (AFP) - Giants of the auto, airline and technology industries ordered emergency action against the global financial crisis on Friday as shares took a new hammering amid mounting gloom.
Nations:France Japan U.K. Turkey Slovenia Slovakia People:Gordon Brown Alan Greenspan Activities:Global Financial Crisis
2008-10-24
Stocks tumble on worries about earnings forecasts
NEW YORK - Wall Street tumbled again Wednesday as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of recovery. The major indexes fell more than 4 percent, including the Dow Jones industrial average, which finished off its lows with a loss of 514 points.
Nations:Germany Japan France Activities:Global Financial Crisis U.S. Markets Source:(AP)
2008-10-22
Fed aids money markets; Wall Street falls
WASHINGTON (Reuters) - The Federal Reserve and governments around the world loosened strained financial markets on Tuesday by pumping in more money and launching bank rescues, but poor corporate profits and recession fears drove down commodities and U.S. stocks.
Nations:Ukraine Pakistan Japan France Argentina People:Henry Paulson Ben Bernanke Barack Obama John McCain Activities:Global Financial Crisis U.S. Markets
2008-10-21
Wall Street higher on hopes of credit recovery
NEW YORK - A rising wave of optimism lifted Wall Street Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and support from Federal Reserve Chairman Ben Bernanke for further steps to aid the economy. All the major indexes finished with gains of 3 percent or more.
Nations:Germany Japan France People:Henry Paulson Ben Bernanke Activities:U.S. Markets Source:(AP)
2008-10-20
Bush will host world leaders at economic summit
CAMP DAVID, Md. - President Bush, looking for answers to an global economic emergency with just three months left in office, will host an international summit to discuss ways to fix the world financial system but warned on Saturday against reforms that threaten capitalism.
Nations:U.K. U.S. People:Nicolas Sarkozy Gordon Brown Barack Obama John McCain George W. Bush Activities:Global Financial Crisis
2008-10-18
Red Sox rally from seven-run deficit to stay alive
BOSTON (AFP) - JD Drew hit an RBI single in the bottom of the ninth propelling the Boston Red Sox to an improbable 8-7 come-from-behind win over Tampa in game five of the American League Championship series Thursday.
Nations:France People:Mark Kotsay David Ortiz Activities:2008 MLB Source:(AFP)
2008-10-17
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