admin on November 14th, 2008

AP - A planned Royal Air Force mission to police Iceland's airspace has been called off amid a diplomatic feud triggered by the global financial crisis, Britain and Iceland said Friday.

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admin on November 14th, 2008

AP - Russia and Ukraine should coordinate efforts in facing the global economic turmoil, given that enterprises in the two former Soviet republics were still economically linked, Russian Prime Minister Vladimir Putin said Friday.

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admin on November 14th, 2008

AP - The U.S. dollar was mixed against other major currencies in European trading Friday. Gold rose.

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admin on November 14th, 2008

AP - Share prices were higher Friday on the London Stock Exchange.

Continue reading about FTSE 100 up 63.76 points at 4,232.97

admin on November 14th, 2008

AP - France's economy grew 0.1 percent in the third quarter, the national statistics agency said Friday, just enough to permit the euro zone's second largest economy to avoid entering a recession.

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AP - U.S. stocks fell sharply Friday as investors booked profits from the previous day's hefty rally, pulling European stocks off their highs for the day. Asian stocks rose.

AP

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on November 14th, 2008

AFP - London shares advanced on Friday led by oil and commodities despite concerns over a looming recession.

AFP

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AP - French automaker Renault said Friday it will cut production at five sites after sales in October plunged more than 14 percent from a year earlier amid fallout from the financial crisis.
AP

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Reuters - Europe officially fell into recession on Friday and the U.S. economy suffered further blows as world leaders headed to Washington to address the worst financial crisis in 80 years.

Reuters

Continue reading about Europe in recession, U.S. in pain as world leaders meet (Reuters)

AP - There is growing skepticism about whether Britain's Barclays bank made the right decision in raising money from Middle Eastern investors rather than the British government to survive the financial crisis.
AP

Continue reading about Investor group questions Barclays’ Gulf cash deal (AP)

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