BREAKING NEWS

2008-09-16

Business

Fed maintains interest rate

US central bank the Federal Reserve has decided to maintain its two percent interest rate despite the current banking crisis. Speculation had been

US central bank the Federal Reserve has decided to maintain its two percent interest rate despite the current banking crisis. Speculation had been

Business

Central banks move to bolster ailing markets

Central banks are pumping vast amounts of cash into the world’s financial markets in an effort to contain the fall out from the crisis sweeping Wall

Central banks are pumping vast amounts of cash into the world’s financial markets in an effort to contain the fall out from the crisis sweeping Wall

Business

European bank shares have taken a new plunge

It followed the collapse of Lehman brothers – with London shares seemingly baring the brunt of the fall. The impact has depended on just how much

It followed the collapse of Lehman brothers – with London shares seemingly baring the brunt of the fall. The impact has depended on just how much

News

Minister quits Brown's government

Confidence in Gordon Brown’s leadership of Britian’s ruling Labour party took another body blow after minister David Cairns resigned from the

Confidence in Gordon Brown’s leadership of Britian’s ruling Labour party took another body blow after minister David Cairns resigned from the

Business

Banks inject extra cash to raise confidence

In a bid to contain the fall out from the crisis sweeping Wall Street’s biggest firms, central lending banks have pumped massive amounts of extra

In a bid to contain the fall out from the crisis sweeping Wall Street’s biggest firms, central lending banks have pumped massive amounts of extra

Europe

Brussels promises swift answer on Polish plan for shipyards

Polish shipbuilders have been demonstrating outside the European Commission’s headquarters. They called on EU regulators to act in such a way that

Polish shipbuilders have been demonstrating outside the European Commission’s headquarters. They called on EU regulators to act in such a way that

Europe

EU criticised at first summit on Roma

The t-shirts bearing fingerprints read: “Against ethnic profiling”. Critics at the first EU-Roma summit were angry that Europe has not condemned

The t-shirts bearing fingerprints read: “Against ethnic profiling”. Critics at the first EU-Roma summit were angry that Europe has not condemned

Business

Shares slide in Lehman aftershocks

After a black Monday European markets have experienced a dark grey Tuesday. The Lehman effect and the troubles at AIG, the world’s biggest insurer

After a black Monday European markets have experienced a dark grey Tuesday. The Lehman effect and the troubles at AIG, the world’s biggest insurer

News

Spain's Supreme Court bans Basque party

Spain’s Supreme Court has banned a party in the country’s Basque region because of its links to armed separatist group, ETA. The court had already

Spain’s Supreme Court has banned a party in the country’s Basque region because of its links to armed separatist group, ETA. The court had already

Culture

Bartley dazzles at London Fashion Week

Luella Bartley has produced a collection crammed with jarring, psychedelic colours for London Fashion Week. Paul Smith and Julien Macdonald also

Luella Bartley has produced a collection crammed with jarring, psychedelic colours for London Fashion Week. Paul Smith and Julien Macdonald also

Culture

Righteous casting for Pacino and De Niro

After occupying separate eras in The Godfather: Part II and just a few minutes of Heat, Al Pacino and Robert De Niro finally get a significant chunk

After occupying separate eras in The Godfather: Part II and just a few minutes of Heat, Al Pacino and Robert De Niro finally get a significant chunk

Science_technology

World's deepest lake threatened by zinc mine

The world’s deepest and oldest lake – Russia’s Lake Baikal – is under threat from a nearby zinc mine. Nicknamed the Pearl of Siberia, it holds around

The world’s deepest and oldest lake – Russia’s Lake Baikal – is under threat from a nearby zinc mine. Nicknamed the Pearl of Siberia, it holds around

News

Feuding Lebanese leaders hold national dialogue

Lebanon’s rival political leaders are gathering for a first session of talks aimed at healing their deep division. Opening the so-called “national

Lebanon’s rival political leaders are gathering for a first session of talks aimed at healing their deep division. Opening the so-called “national

News

French couple freed after rescue mission

Two French citizens, taken hostage by pirates off the Somali coast, have been freed after a French rescue operation. Somali gunmen seized Jean-Yves

Two French citizens, taken hostage by pirates off the Somali coast, have been freed after a French rescue operation. Somali gunmen seized Jean-Yves

Europe

European Jobs Day

From help with writing a CV to seminars on job seeking, the European Union is once again staging its “Jobs Days” programme. More than 500 events are

From help with writing a CV to seminars on job seeking, the European Union is once again staging its “Jobs Days” programme. More than 500 events are

News

Petraeus hands over command

Outgoing General David Petraeus handed over the coalition flag and with it control of US military operations in Iraq. Held in one of Saddam

Outgoing General David Petraeus handed over the coalition flag and with it control of US military operations in Iraq. Held in one of Saddam

News

Ukrainian parties back to talks as coalition falls

The faultlines running through Ukraine’s pro-western parties have taken their toll on the government once again. The country is facing the prospect

The faultlines running through Ukraine’s pro-western parties have taken their toll on the government once again. The country is facing the prospect

News

Petraeus gives up command of US troops in Iraq

Outgoing General David Petraeus has handed over control of US military operations in Iraq at a ceremony in Baghdad. Petraeus is widely credited for

Outgoing General David Petraeus has handed over control of US military operations in Iraq at a ceremony in Baghdad. Petraeus is widely credited for

Business

Central banks react to market turmoil

World central banks have attempted to calm market fears after the collapse of Wall Street giant Lehman Brothers. The Bank of Japan has injected

World central banks have attempted to calm market fears after the collapse of Wall Street giant Lehman Brothers. The Bank of Japan has injected

Business

Europe shares down but falls limit

The shockwaves waves continue after the collapse of the US investment bank Lehman Brothers. European markets have again opened down after shipping

The shockwaves waves continue after the collapse of the US investment bank Lehman Brothers. European markets have again opened down after shipping

News

Roma discrimination under the spotlight in Brussels

The plight of Roma people, who for centuries have  suffered discrimination and hostility in Europe, is being discussed at a summit in Brussels

The plight of Roma people, who for centuries have  suffered discrimination and hostility in Europe, is being discussed at a summit in Brussels

News

New crisis in Ukraine as coalition collapses

Ukraine has been plunged into political crisis again following the collapse of the ruling coalition.    The governing parties of President Viktor

Ukraine has been plunged into political crisis again following the collapse of the ruling coalition.    The governing parties of President Viktor

Business

Europe braces for financial storm

The bad news this morning is heading our way from Asia, where Tokyo is down by five percent and Hong Kong six as the markets digest the Lehman and

The bad news this morning is heading our way from Asia, where Tokyo is down by five percent and Hong Kong six as the markets digest the Lehman and

News

Lehman's brothers & sisters head out for the jobs market

The desk clearing is in full swing in New York and London as Lehman Brothers employees, many stunned by the weekend’s events, go looking for new

The desk clearing is in full swing in New York and London as Lehman Brothers employees, many stunned by the weekend’s events, go looking for new

News

Netherlands blocks Serbia-EU trade deal

The Netherlands has prevented the EU from agreeing to extend new trade benefits to Serbia. The block comes despite a positive report from the chief

The Netherlands has prevented the EU from agreeing to extend new trade benefits to Serbia. The block comes despite a positive report from the chief

News

Floyd lose founding keyboard wizard Wright

Richard Wright, one of the founding members of rock group Pink Floyd, has died from cancer at the age of 65. Wright who played keyboards, appeared

Richard Wright, one of the founding members of rock group Pink Floyd, has died from cancer at the age of 65. Wright who played keyboards, appeared

News

US Presidential candidates offer solutions for economy

The financial crisis in the US has thrust the economy back to the top of the Presidential campaign agenda. Both White House candidates have sought to

The financial crisis in the US has thrust the economy back to the top of the Presidential campaign agenda. Both White House candidates have sought to