Archive for November 13th, 2008

Wall Street rally too late for most world markets (AP)

Specialist Peter Elkins, center, works at his post on the floor of the New York Stock Exchange Thursday, Nov. 13, 2008. (AP Photo/Richard Drew)AP - A steep rally on Wall Street came too late Thursday to spur most world markets, although Latin American shares benefited from the buying spree in battered U.S. stocks.

AP

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China settles financial info dispute with EU, US, Canada (AFP)

Chinese journalists from Xinhua News Agency work at their office in Beijing in August 2008. The European Union and United States said Thursday they had reached a deal with China over a WTO dispute on Beijing's restrictions on foreign financial news providers working in the country.(AFP/File/Jewel Samad)AFP - The European Union, United States and Canada said Thursday they had settled their WTO dispute with China over Beijing's restrictions on foreign financial news providers working in the country.

AFP

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Report: Merkel calls for far-reaching regulation (AP)

German Chancellor Angela Merkel makes a speech after receiving the annual report on economic development as she stands beside Bert Ruerup, one of the economic advisors, also known as 'the five wise men' at a news conference in Berlin November 12, 2008. REUTERS/Johannes Eisele (GERMANY)AP - German Chancellor Angela Merkel has insisted before a summit of world leaders to address the global financial crisis that there can be "no more blind spots" in international markets.

AP

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Russia reaches out to Europe on crisis (AFP)

 Russia reaches out to Europe on crisis 
    (AFP)AFP - Russia's President Dmitry Medvedev proposed a new partnership with the European Union on Thursday, breezing past differences over Georgia to urge cooperation on global financial reform.

AFP

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Russian shares plunge amid market closures (AP)

AP - Russia's battered stock markets suffered another chaotic day of trading Thursday, as regulators shut the exchanges in response to falling share prices, then reopened them — a practice that is wearing thin with investors.

AP

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