AFP - Central Europe's top power producer, Czech-based CEZ, is pinning hopes on the financial crisis to thwart the approval of the EU's green package, saying it would hit hard at the region's coal-dependent industry.
AFP
Continue reading about Czech CEZ hopes crisis will stall EU climate package (AFP)
AP - British Prime Minister Gordon Brown urged the United States on Monday to avoid moves toward protectionism in response to the world financial crisis, but said London will be Washington's closest ally in dealing with the slowdown.
AP
Continue reading about British PM calls on US to reject protectionism (AP)
AFP - An expanded bailout for AIG and more bad news across corporate America sent US markets falling Monday, as the US Treasury's point man on the banking crisis said the financial system "remains fragile."
AFP
Continue reading about US markets fall on more glum corporate news (AFP)
Reuters - Stocks fell in tepid volume on Monday, as investors worried about the outlook for a raft of companies from General Motors to Goldman Sachs in a harsh economic environment, stifling early enthusiasm for a Chinese stimulus plan.
Reuters
Continue reading about Economic worry hounds Wall Street, Starbucks down late (Reuters)
Reuters - Stocks fell in tepid volume on Monday, as investors worried about the outlook for a raft of companies from General Motors to Goldman Sachs in a harsh economic environment, stifling early enthusiasm for a Chinese stimulus plan.
Reuters
Continue reading about Wall Street slides on economic, profit worry (Reuters)
AP - European Union officials are moving toward imposing significant new regulatory burdens on credit ratings agencies, saying they are too important for the stability of the world's financial markets for EU officials to ignore any longer.
AP
Continue reading about EU moves to regulate rating agencies (AP)
Reuters - Stocks fell on Monday, as investors worried about the outlook for companies, including General Motors and Goldman Sachs , given the global economic downturn and enthusiasm for China's deep-pocketed stimulus plan faded.
Reuters
Continue reading about Wall St. slips on economic concerns (Reuters)
AP - The European Union decided Monday to resume major economic and political negotiations with Moscow that were frozen after the Russian invasion of Georgia.
AP
Continue reading about EU to resume frozen partnership talks with Russia (AP)
Reuters - Stocks extended losses on Monday as investors doubted whether China's deep-pocketed stimulus plan would avert a global economic slump and shares of General Motors fell to 62-year lows on worries about the carmaker's dwindling cash.
Reuters
Continue reading about Stocks extend losses on economy worry, GM tumbles (Reuters)
AP - World stock markets were mixed Monday as early enthusiasm over China's $586 billion economic stimulus plan dissipated amid renewed worries about the world economy after U.S. electronics retailer Circuit City Stores Inc. filed for bankruptcy protection.
AP
Continue reading about World stocks mixed on economic worries (AP)
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