on November 14th, 2008

AP - Serbia said Friday it has reached a deal with the International Monetary Fund to get a loan in case of emergencies to counter the global financial crisis and increase the Balkan country's credit worthiness.
AP

Continue reading about Serbia reaches deal with IMF (AP)

on November 14th, 2008

AP - Government data show that the Italian economy is officially in recession. Europe's fourth-largest economy recorded negative growth for the second consecutive quarter in the third quarter.
AP

Continue reading about Italian economy slides into recession (AP)

Reuters - World leaders headed to Washington on Friday to discuss ways to protect the global economy from a repeat of the worst financial crisis in 80 years.

Reuters

Continue reading about World leaders head for crisis summit as economies slide (Reuters)

AFP - Russia's President Dmitry Medvedev meets EU leaders on Friday to hammer out proposals to put to a global summit on the international financial turmoil.

AFP

Continue reading about Russia and EU move closer on finance reform (AFP)

on November 14th, 2008

AP - The euro rose against the dollar on Friday as investors looked toward a Group of 20 meeting in Washington this weekend on hopes of help for the world economy.
AP

Continue reading about Euro rises on dollar to $1.2744 (AP)

on November 14th, 2008

AP - French Finance Minister Christine Lagarde says France's gross domestic product grew by 0.14 percent in the third quarter, avoiding the technical definition of a recession.
AP

Continue reading about France posts postive GDP in third quarter (AP)

Reuters - G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show the euro zone has slipped into recession.

Reuters

Continue reading about Gloom deepens as G20 leaders head for summit (Reuters)

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

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

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

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

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

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

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