BREAKING NEWS

2008-10-16

News

Wall Street bell rings a warning

Wall Street is the living, beating heart of capitalism. It is a daily market of highs and lows, risks and rewards. Now it is sounding the alarm with

Wall Street is the living, beating heart of capitalism. It is a daily market of highs and lows, risks and rewards. Now it is sounding the alarm with

News

Millions go hungry on World Food Day

Concern is growing that the looming world recession will not only hurt business, but also charities working with some of the world’s poorest people

Concern is growing that the looming world recession will not only hurt business, but also charities working with some of the world’s poorest people

Business

Swiss banks raise emergency funds

Switzerland’s top two banks have taken emergency measures to shore up their finances. Credit Suisse is raising new funds from private investors while

Switzerland’s top two banks have taken emergency measures to shore up their finances. Credit Suisse is raising new funds from private investors while

Business

Recession fears pull down Europe shares

The world’s stocks markets continue to be buffeted by economic uncertainty. Investors remain focused on the potential effects of a recession and they

The world’s stocks markets continue to be buffeted by economic uncertainty. Investors remain focused on the potential effects of a recession and they

Business

Merrill and Citi again hit by writedowns

The toxic shock from the US subprime mortgage meltdown continues to ripple through the financial world. US investment bank Merrill Lynch has just

The toxic shock from the US subprime mortgage meltdown continues to ripple through the financial world. US investment bank Merrill Lynch has just

Business

Berlin cuts 2009 GDP growth prediction

Germany has slashed its forecast for economic growth for next year. It has cut it to just 0.2 percent. Previously it had been expecting GDP growth of

Germany has slashed its forecast for economic growth for next year. It has cut it to just 0.2 percent. Previously it had been expecting GDP growth of

News

Wall Street bell rings a warning

Wall Street is the living, beating heart of capitalism. It is a daily market of highs and lows, risks and rewards. Now it is sounding the alarm with

Wall Street is the living, beating heart of capitalism. It is a daily market of highs and lows, risks and rewards. Now it is sounding the alarm with

Science_technology

Viewing the Universe in a different light

European scientists are preparing two new windows on the Universe that will give astronomers an unprecedented look at stars forming, and the

European scientists are preparing two new windows on the Universe that will give astronomers an unprecedented look at stars forming, and the

News

Obama takes final presidential debate

The final US presidential debate was no doubt a nervous moment for both candidates. They covered it with smiles but each needed their rival to trip

The final US presidential debate was no doubt a nervous moment for both candidates. They covered it with smiles but each needed their rival to trip

News

Sarkozy revels in crisis management at EU summit

France is reinforcing Europe’s bid to reinvent global financial systems. As current European Union President, Nicolas Sarkozy has rounded up a

France is reinforcing Europe’s bid to reinvent global financial systems. As current European Union President, Nicolas Sarkozy has rounded up a

News

Monitors uneasy as Aliyev takes a second term

The presidential election in Azerbaijan “did not reflect all the principles of a meaningful and pluralistic democratic election”. That is the

The presidential election in Azerbaijan “did not reflect all the principles of a meaningful and pluralistic democratic election”. That is the

News

Spanish arrest terror suspects

Spanish police are tonight questioning a number of suspected Muslim extremists. They were picked up in raids in Catalonia, Madrid and Andalucia. The

Spanish police are tonight questioning a number of suspected Muslim extremists. They were picked up in raids in Catalonia, Madrid and Andalucia. The

News

Irish PM faces the music in Brussels

Irish Prime Minister Brian Cowen, reporting to the rest of the European leaders’ Council on why voters in his country rejected the EU’s Lisbon Treaty

Irish Prime Minister Brian Cowen, reporting to the rest of the European leaders’ Council on why voters in his country rejected the EU’s Lisbon Treaty

News

Two generals jailed for Ceausescu crackdown

Two retired Romanian generals have each been sentenced to 15-years in jail for their role in the killing of protestors during the 1989 anti-communist

Two retired Romanian generals have each been sentenced to 15-years in jail for their role in the killing of protestors during the 1989 anti-communist

News

Polish leaders take domestic row to EU summit

Internal bickering between the prime minister and the president of Poland has provided an interesting if somewhat undiplomatic sideshow at the

Internal bickering between the prime minister and the president of Poland has provided an interesting if somewhat undiplomatic sideshow at the

News

The fame (and possible fortune) of Joe the Plumber

The final US presidential debate has given millions of Americans the chance to get to know ‘Joe the Plumber’. First, Barack Obama did on the campaign

The final US presidential debate has given millions of Americans the chance to get to know ‘Joe the Plumber’. First, Barack Obama did on the campaign

News

Spain arrests eight terror suspects

Spanish police have arrested eight people suspected of aiding terrorists implicated in the 2004 Madrid bombings. Officers raided addresses in

Spanish police have arrested eight people suspected of aiding terrorists implicated in the 2004 Madrid bombings. Officers raided addresses in

News

Candidates get feisty in final US presidential debate

It was seen as John McCain’s last chance to revive his campaign, but snap polls after the third and final presidential debate suggest Barack Obama

It was seen as John McCain’s last chance to revive his campaign, but snap polls after the third and final presidential debate suggest Barack Obama

News

Recession fears trigger new market slump

Fears that world economies are slipping irreversibly towards recession have continued to take chunks out of the stock markets. In the minutes after

Fears that world economies are slipping irreversibly towards recession have continued to take chunks out of the stock markets. In the minutes after

News

Mechanics may face trial over Spanair crash

The judge investigating the Spanair crash which killed 154 people in August is considering charging the mechanics who worked on the plane, according

The judge investigating the Spanair crash which killed 154 people in August is considering charging the mechanics who worked on the plane, according

News

Candidates get feisty in final US presidential debate

It was seen as John McCain’s last chance to revive his campaign, but snap polls after the third and final presidential debate suggest Barack Obama

It was seen as John McCain’s last chance to revive his campaign, but snap polls after the third and final presidential debate suggest Barack Obama

News

Iceland goes cap in hand to Moscow

A delegation of ministers from Iceland is in Moscow where talks are underway about a multi-billion euro loan to help the island nation cope with its

A delegation of ministers from Iceland is in Moscow where talks are underway about a multi-billion euro loan to help the island nation cope with its

News

Anger over Italy's education cuts

As many as 10,000 people took to the streets of Rome in protest at proposed cuts in education funding. Demonstrators fear the cuts will result in

As many as 10,000 people took to the streets of Rome in protest at proposed cuts in education funding. Demonstrators fear the cuts will result in

News

G8 backs summit to reform world financial system

France, Britain and Germany have won backing from the G8 group of industrialised nations for a world summit to reform the global financial

France, Britain and Germany have won backing from the G8 group of industrialised nations for a world summit to reform the global financial

News

Markets down as nervousness sticks

Continued nervousness in the markets is still evident. Asian stocks have fallen by as much as ten percent in early trading. Japan’s Nikkei share

Continued nervousness in the markets is still evident. Asian stocks have fallen by as much as ten percent in early trading. Japan’s Nikkei share

News

Obama judged the winner in TV debate

In the third and final televised debate between the US presidential candidates – billed as a crucial battle that could decide the outcome of the

In the third and final televised debate between the US presidential candidates – billed as a crucial battle that could decide the outcome of the