Archive for November 5th, 2008

Medvedev: Russia to deploy missiles near Poland (AP)

Russian President Dmitry Medvedev speaks during his annual state of the nation speech in Moscow, Russia, Wednesday, Nov. 5, 2008. Russian President Dmitry Medvedev assailed the United States on Wednesday in his first state of the nation address, vowing to deploy missiles near Poland in response to U.S. plans for a European shield. (AP Photo/Ivan Sekretarev)AP - Russia will deploy missiles near NATO member Poland in response to U.S. missile defense plans, President Dmitry Medvedev said Wednesday in his first state of the nation speech.

AP

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Irish unemployment hits 10-year high (AP)

AP - Unemployment in Ireland has reached a 10-year high of 6.7 percent as the economy sinks deeper into recession, heaping pressure on the government to increase its deficit spending.

AP

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Europe’s markets cash in on Obama win (AP)

Traders work on the floor of the New York Stock Exchange November 4, 2008. (Brendan McDermid/Reuters)AP - European stock markets traded lower Wednesday ahead of an expected soft opening on Wall Street, as investors booked some profits after Senator Barack Obama won the U.S. presidential election and the Democrats took a firmer hold on Congress.

AP

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Eurozone retail sales slip ‘less than expected’ (AFP)

Shoppers walk past a sale sign in a shopping centre in Guildford, southern England, October 2008. Retailers in the 15 countries using the euro saw demand slip less than expected in September despite the worst financial crisis for generations, official EU data showed on Wednesday.(AFP/Carl de Souza)AFP - Retailers in the 15 countries using the euro saw demand slip less than expected in September despite the worst financial crisis for generations, official EU data showed on Wednesday.

AFP

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Medvedev congratulates Obama on historic victory (AP)

Russian President Dmitry Medvedev speaks during his annual state of the nation speech in Moscow, Russia, Wednesday, Nov. 5, 2008. Russian President Dmitry Medvedev assailed the United States on Wednesday in his first state of the nation address, vowing to deploy missiles near Poland in response to U.S. plans for a European shield. (AP Photo/Ivan Sekretarev)AP - Russian President Dmitry Medvedev has congratulated Barack Obama on his election victory and is hoping for constructive dialogue with the incoming U.S. president.

AP

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  • London FTSE down steeply (AFP)