Global financial turmoil is not only having an impact on markets, it could also affect the political and security climate. Ian Bremmer, Eurasia Group president and widely known in the field of political risk, answers Reuters' questions in an e-mail interview on the impact the financial crisis might have in Asia. Q. Which Asian countries

Lycos Europe N.V., one of the leading European portal providers and online advertisers, reported a drop in revenues in the nine months of the year to EUR 46.9 mln compared to EUR 58.4 mln in the same period in 2007, which led to a drop in the the gross margin to 46% (54% last year).

Japan tried to push back the waves of the financial crisis on Tuesday, joining the United States and Europe in restricting investor bets on falling share prices and attempting to talk down a surging yen, an added worry for an economy already teetering on the brink of recession. Economics Minister Kaoru Yosano played down the

The global financial system could lose $2.8 trillion to the credit crisis, the Bank of England said on Tuesday, before an expected interest rate cut in the United States that others are poised to match. Governments have agreed to inject around $4 trillion into banks and markets to contain the worst financial crisis in 80

World stocks rose solidly on Tuesday as investors indulged in a burst of bargain hunting after five straight trading sessions of steep losses. The dollar and yen eased, also a reversal of recent trends. MSCI's all-country world stock index was up 1.6 percent, but only after having fallen nearly 30 percent this month. Similarly, the

U.S. banks lined up for government cash, the Group of Seven expressed concern about the soaring Japanese yen, and countries in Asia and Europe took emergency actions to shore up their financial positions as the credit crisis threatened a deep global recession. South Korea slashed interest rates, Australia intervened in the currency market, Gulf Arab