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 - 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.
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.
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.
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 - 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.
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.
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.
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.
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.
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