November 7, 2008

London FTSE sharply up (AFP)

London shares closed sharply higher, getting a boost from gains on Wall Street as investors bet that a very weak US jobs report would prompt more interest rate cuts.(AFP/File/Shaun Curry)AFP - London shares closed sharply higher Friday, getting a boost from gains on Wall Street as investors bet that a very weak US jobs report would prompt more interest rate cuts.

AFP

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November 7, 2008

EU: 100 days to fix global finance (AP)

AP - The European Union is calling for a 100-day deadline for world leaders to decide global finance reforms, French President Nicolas Sarkozy says.

AP

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November 7, 2008

France wants Spain at global finance summit (AP)

AP - France is pressing for Spain to be included in next week's international finance summit in Washington.

AP

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November 7, 2008

France says wrong to shut Spain out of G-20 summit (AP)

AP - French President Nicolas Sarkozy says it would be difficult to exclude Spain from next week's global finance summit.

AP

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November 7, 2008

Foreign-currency mortgages stress E. Europeans (AP)

AP - Zsolt Kerecsen, a 34-year-old software developer with three kids and a mortgage, is no high roller. But like thousands of other middle-class Hungarians he gambled by borrowing to buy a home in Swiss francs.

AP

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