Europe’s financial crisis intensifies

Citi analysts forecast rate reductions The weekend’s events have highlighted European fragility in the financial crisis, note Citigroup analysts. In the UK, the eighth biggest mortgage lender (in terms of mortgage lending

World leaders recommit to poverty goals

By Lesley Wroughton (Reuters) World leaders recommitted themselves to reducing global poverty, pledging an estimated $16 billion in aid, but France said rich countries were strapped by a spreading crisis in financial

North Korea putting nuclear squeeze on U.S.

ANALYSIS By Jon Herskovitz, Reuters North Korea is threatening to restore its plutonium-producing nuclear plant because it feels it can win more through brinkmanship than the aid it stands to lose, analysts

FACTBOX-Bush appeals for backing of bailout

(Reuters) President George W. Bush on Wednesday made an appeal for support of a $700 billion financial bailout being negotiated with the U.S. Congress. In a nationally televised address, Bush warned that

Laggard status shields C.Europe from turmoil

By Adam Jasser For once, being a laggard is a boon rather than a drawback for ex-communist central Europe as it weathers the global financial storm engulfing western bastions of capitalism. While

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