admin on October 23rd, 2008

AP - Credit Suisse Group reported a 1.26 billion Swiss franc ($1.08 billion) loss during the third quarter Thursday, blaming bad investments and the global financial turmoil, and the bank said it was working to further cut its exposure to toxic assets.
AP

Continue reading about Credit Suisse makes $1.1 billion loss in 3Q (AP)

Reuters - Argentina's surprise plan to nationalize its private pension system caused chaos on local markets on Wednesday and raised fears about a debt default, sending a ripple effect of fear about emerging-market investments into European stocks and Asian bonds.

Reuters

Continue reading about Argentine pension plan has local, global impact (Reuters)

admin on October 22nd, 2008

AP - What price clean air, sparkling streams, stately chestnut trees along busy avenues? In some ways it depends on whether you are a citizen of Old or New Europe.

AP

Continue reading about Financial crisis divides EU on greenhouse gas cuts (AP)

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