Economic crisis deepens in Europe, Asia
LONDON (AFP) - The global financial crisis took a fresh toll on economies from Asia to Europe on Friday, with Japan and India suffering setbacks and Sweden the latest European nation to fall into recession.
Nations:India Sweden Japan Italy Ireland France People:Robert Zoellick Activities:2008 Global Recession
2008-11-28
World leaders agree action plan for growth
WASHINGTON (AFP) - World leaders, meeting for a crisis summit here, have agreed on an action plan to restore global growth and prevent future financial upheaval while promising new spending plans, a trade deal and a set of reforms.
Nations:India Brazil Russia People:Jim Leach Gordon Brown Barack Obama George W. Bush Activities:G20 Summit
2008-11-16
Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
World leaders head for summit, euro zone in recession
LONDON (Reuters) - World leaders headed to Washington on Friday to seek ways to tackle a global economic crisis that has plunged much of Europe into its first recession since the euro currency was formed.
Nations:Italy Latvia Pakistan Russia Spain People:Dmitry Medvedev Gordon Brown Ben Bernanke Activities:G20 Summit
2008-11-14
Sailor charged in deadly Russian submarine accident
MOSCOW (AFP) - A sailor has been charged for setting off the fire extinguishing system on the Russian nuclear submarine Nerpa, causing 20 people to be gassed to death, investigators told news agencies on Thursday.
Nations:Russia India Source:(AFP)
2008-11-13
US general urges Obama to keep missile defense
WASHINGTON - The Air Force general who runs the Pentagon's missile defense projects said Wednesday that American interests would be "severely hurt" if President-elect Obama decided to halt plans developed by the Bush administration to install missile interceptors in Eastern Europe.
Nations:Poland Russia Activities:Obama Admin. U.S.-Russia Military Relations Source:(AP)
2008-11-12
Reports: Kremlin rejects US missile defense
MOSCOW - The Kremlin has rejected a second set of U.S. proposals offered to assuage increasingly strident Russian criticism of plans for an American missile-defense system in Poland and the Czech Republic, news agencies reported Wednesday.
Nations:Russia Poland People:Dmitry Medvedev Barack Obama Condoleezza Rice Activities:U.S.-Russia Military Relations Source:(AP)
2008-11-12
Accident on Russian nuclear sub suffocates 20
MOSCOW - The fire safety system on a brand-new Russian nuclear submarine accidentally turned on as the sub was being tested in the Sea of Japan, spewing chemicals that suffocated 20 people and sent 21 others to the hospital, officials said Sunday.
Nations:Russia Venezuela People:Dmitry Medvedev Vladimir Putin Source:(AP)
2008-11-09
Russian navy: sub accident kills more than 20
MOSCOW - An accident aboard a nuclear-powered Russian navy submarine doing a test run in the Pacific Ocean on Saturday killed more than 20 people, the navy said.
Nations:Russia Venezuela People:Dmitry Medvedev Vladimir Putin Source:(AP)
2008-11-08
Recession alarm rings around the world
PARIS (AFP) - Giants of the auto, airline and technology industries ordered emergency action against the global financial crisis on Friday as shares took a new hammering amid mounting gloom.
Nations:France Japan U.K. Turkey Slovenia Slovakia People:Gordon Brown Alan Greenspan Activities:Global Financial Crisis
2008-10-24
Russian troops attacked, report claims 50 killed
MOSCOW (AFP) - A Russian troop convoy was attacked Saturday in the volatile Caucasus province of Ingushetia and an opposition website said around 50 soldiers had been killed, though officials confirmed only two dead.
Nations:Russia Activities:Russia Chechnya Unrest Source:(AFP)
2008-10-18
Worries over economy spread; global markets sink
Wall Street may get a reprieve Thursday after a crucial barometer of inflation came in flat last month.
Nations:U.S. U.K. Russia Germany Japan France People:Gordon Brown Henry Paulson Ben Bernanke Barack Obama John McCain Activities:Global Financial Crisis
2008-10-16
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