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  (AFP)
Last updated: 08:27:18 Sunday Nov 23, 2008


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  • Britain set to slash tax on goods and services
    LONDON (AFP) - The British government is on Monday set to announce a cut in value added tax (VAT) to 15 percent from 17.5 percent to stimulate spending on goods and services as Britain faces recession, reports said.   Nations:U.K.   People:Gordon Brown   Activities:Global Financial Crisis   Source:(AFP)   2008-11-23

    Russia threatens to cut off gas to Ukraine
    MOSCOW (AFP) - Russia's Gazprom will cut off gas deliveries to Ukraine on January 1 unless a new contract is signed, a company spokesman said on Saturday, making a threat that could affect deliveries to Europe.   Nations:Ukraine Russia   People:Dmitry Medvedev Vladimir Putin   Source:(AFP)   2008-11-22

    US to convene 'urgent' meeting of global market regulators
    WASHINGTON (AFP) - A teleconference of global market regulators will be held Monday to discuss "urgent" actions to confront the financial crisis, US officials announced Friday.   Activities:Global Financial Crisis   Source:(AFP)   2008-11-22

    Somali pirates vow to resist any rescue efforts
    MOGADISHU8 (AFP) - Somali pirates holding a huge oil-laden Saudi tanker on Saturday vowed to fight back should any assault be attempted to free the ship and urged its owners to pay up a 25 million dollars ransom.   Nations:Somalia Russia Egypt   Source:(AFP)   2008-11-22

    Merkel warns 2009 will be 'year of bad news' for economy
    BERLIN (AFP) - Chancellor Angela Merkel warned that 2009 will be "a year of bad news" for the economy, while a German regional bank announced it had secured Saturday up to 30 billion euros in state loan guarantees.   Nations:Germany   People:Angela Merkel   Activities:2008 Global Recession   Source:(AFP)   2008-11-22

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    popular coverage of the Week (all rankings)
  • [Afghan Terror War]: US: Financial woes no excuse in funding Afghan war (09:08 11/22)
  • [110th Congress]: Hold the euphoria; it's gloomy now on Capitol Hill (09:08 11/22)
  • [2008 Global Recession]: Obama economic plan aims for 2.5M new jobs by 2011 (09:08 11/22)
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  • [US Election 2008]: Alaska Sen. Stevens' defeat marks end of an era (08:57 11/19)
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  • [U.S. Markets]: Dow up 494 as Obama prepares to name treasury boss (15:49 11/21)
  • [Pakistan-U.S.]: Suspected US missile strike kills 5 in Pakistan (09:08 11/22)
  • [Second Gulf War]: Iraqi parliament to vote on US pact Wednesday (09:08 11/22)
  • [2007-8 Oil Crisis]: Oil drops 7 percent to 3-1/2-year low below $50 (15:48 11/20)
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  • [2007 Gaza Conflict]: Israeli tanks move into Gaza, level farmland (07:58 11/18)
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    [2008 Automakers Downturn]: Obama aide promotes job plan, warns automakers (10:39 11/23)

    [2008 Global Recession]: Obama aide promotes job plan, warns automakers (10:39 11/23)


    [2008 China Stimulus Plan]: Chinese provinces line up for stimulus projects (10:39 11/23)

    [Global Financial Crisis]: Britain set to slash tax on goods and services (10:39 11/23)


    [2008 Endeavour Mission 2]: Astronauts try to work out kinks in urine machine (10:39 11/23)

    [110th Congress]: Hold the euphoria; it's gloomy now on Capitol Hill (09:08 11/22)

    [China-U.S.]: China, Russia bid Bush farewell at trade summit (09:08 11/22)

    [Second Gulf War]: Iraqi parliament to vote on US pact Wednesday (09:08 11/22)


    [Pakistan-U.S.]: Suspected US missile strike kills 5 in Pakistan (09:08 11/22)


    [2008 NBA]: Big day for Knicks ends with Marbury controversy (09:08 11/22)




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