Archive for November 15th, 2008

EU faces recession threat

AP - European Commission President Jose Manuel Barroso said Saturday that Europe's biggest threat is recession and countries should be allowed leeway in running up deficits.

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Senior UK politician warns of run on the pound

AP - Britain's government risks seeing the value of its currency collapse unless public borrowing is kept under control, one of the country's senior opposition politicians said in an interview published Saturday.

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Sweden: banks may have to join guarantee scheme

AP - Sweden's financial markets minister is warning that the government's bank guarantee scheme could become compulsory for the Nordic country's main banks unless more of them sign up for it.

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Dutch PM leaves economic summit after father dies

AP - The Netherlands' prime minister has left the economic summit in Washington following the death of his father, his office said Saturday.

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  • Stock futures jump on China stimulus, AIG news (Reuters)