Archive for November 7th, 2008

EU: 100 days to fix global finance (AP)

AP - The European Union is calling for a 100-day deadline for world leaders to decide global finance reforms, French President Nicolas Sarkozy says.

AP

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France wants Spain at global finance summit (AP)

AP - France is pressing for Spain to be included in next week's international finance summit in Washington.

AP

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France says wrong to shut Spain out of G-20 summit (AP)

AP - French President Nicolas Sarkozy says it would be difficult to exclude Spain from next week's global finance summit.

AP

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Foreign-currency mortgages stress E. Europeans (AP)

AP - Zsolt Kerecsen, a 34-year-old software developer with three kids and a mortgage, is no high roller. But like thousands of other middle-class Hungarians he gambled by borrowing to buy a home in Swiss francs.

AP

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World markets up despite big US jobs decline (AP)

A broker watches displays showing stock prices at a brokerage firm in Hong Kong Friday, Nov. 7, 2008. Asian stock markets retreated for a second day Friday as downbeat company forecasts and slugging U.S. economic data stoked pessimism about the global economy. (AP Photo/Vincent Yu)AP - Wall Street and European stock markets rose Friday despite the news that unemployment in the U.S. is running at a 14-year high, as the monthly jobs report turned out better than many investors had feared.

AP

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  • Volvo to cut 1,000 jobs in Sweden, North America (AP)