Archive for November, 2008

EU to resume frozen partnership talks with Russia (AP)

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

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Stocks extend losses on economy worry, GM tumbles (Reuters)

Traders work on the floor of the New York Stock Exchange, November 7, 2008. (Brendan McDermid/Reuters)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

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World stocks mixed on economic worries (AP)

Pedestrians look up at an electric market board in Tokyo, Monday, Nov. 10, 2008. Japan's key stock index jumped more than 5 percent in early trade Monday as sentiment turned upbeat on China's massive economic stimulus package and a weakening yen. The benchmark Nikkei 225 stock average rose 470.90 points, or 5.49 percent, to close the morning session at 9,053.90. (AP Photo/Katsumi Kasahara)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

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Ukraine gets IMF billions (AP)

AP - Ukraine, struggling to avoid an economic meltdown, on Monday received the first $4.5 billion of a $16.5 billion emergency loan from the International Monetary Fund.

AP

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Dollar mixed, gold up in afternoon trading (AP)

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

AP

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  • London stocks rise 0.50% as market opens (AFP)