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    European Business & Economy Headlines
    Volatile stock markets in trouble again after AIG bailout (AFP)

    Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Global stock markets hit fresh trouble Wednesday, with early gains made on the unprecedented US government bailout of giant insurer AIG turning to dust as investors wondered where the next blow would fall.(AFP/Getty Images/Spencer Platt)AFP - Global stock markets hit fresh trouble Wednesday, with early gains made on the unprecedented US government bailout of giant insurer AIG turning to dust as investors wondered where the next blow would fall.


    -- read full article
    Wed, 17 Sep 2008 17:23:00 GMT - Yahoo! News: Business - European Economy
    Russia signs treaties with 2 breakaway regions (AP)

    Russian President Dmitry Medvedev speaks at the Security Council in Moscow's Kremlin on Wednesday, Sept. 17, 2008, as Russian Premier Vladimir Putin sits at left. (AP Photo/RIA Novosti, Dmitry Astakhov, Presidential Press Service )AP - Russia cemented its ties with Georgia's two breakaway provinces on Wednesday by signing friendship treaties envisaging close economic and military cooperation.


    -- read full article
    Wed, 17 Sep 2008 18:49:13 GMT - Yahoo! News: Business - European Economy
    Financier Soros warns crisis will only get worse (AFP)

    US financier George Soros, pictured in June 2008, warned in a television interview Tuesday that the turmoil in the financial markets was far from over, with Britain likely to be the economy most badly hit by the crisis.(AFP/Getty Images/File/Mark Wilson)AFP - US financier George Soros warned in a television interview Tuesday that the turmoil in the financial markets was far from over, with Britain likely to be the economy most badly hit by the crisis.


    -- read full article
    Wed, 17 Sep 2008 00:04:09 GMT - Yahoo! News: Business - European Economy
    HBOS bank shares plummet more than a third (AFP)

    The share price of bank HBOS hsas tumbled by 35 percent in early morning trade, dragging London's FTSE 100 leading shares index back into negative territory.(AFP/File/Ed Jones)AFP - The share price of bank HBOS tumbled by 35 percent in early morning trade here on Wednesday, dragging London's FTSE 100 leading shares index back into negative territory.


    -- read full article
    Wed, 17 Sep 2008 08:14:15 GMT - Yahoo! News: Business - European Economy
    European, Japanese central banks offer more cash (AP)
    AP - Major European central banks pumped yet more billions in short-term credit into the financial system Tuesday in an effort to shore up confidence in the aftermath of Lehman Brothers Holdings Inc.'s bankruptcy and the sale of Merrill Lynch to Bank of America Corp. -- read full article
    Tue, 16 Sep 2008 12:18:18 GMT - Yahoo! News: Business - European Economy
    FTSE slides to three-year low (AFP)

    A large computerised display of the FTSE 100 index in London. The FTSE 100 index of leading shares has tumbled below 5,000 points for the first time in more than three years as global financial markets continued to suffer from the collapse of Lehman Brothers.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of leading shares on Tuesday tumbled below 5,000 points for the first time in more than three years as global financial markets continued to suffer from the collapse of Lehman Brothers.


    -- read full article
    Tue, 16 Sep 2008 14:32:46 GMT - Yahoo! News: Business - European Economy
    European markets slide on Lehman, Merrill woes (AP)

    A businessman walks past the New York Stock Exchange before the start of trading Tuesday, Sept. 16, 2008 in New York. World stock markets swooned again Tuesday as global financial crisis make investors worry that asset prices had yet to hit rock bottom.  (AP Photo/Mark Lennihan)AP - World stock markets swooned again Tuesday as the global financial crisis caused investors to worry that asset prices have yet to hit rock bottom.


    -- read full article
    Tue, 16 Sep 2008 15:52:02 GMT - Yahoo! News: Business - European Economy
    FTSE rebounds after hitting three-year low (AFP)

    The FTSE index was down 3.43 percent to 5025.6 points as traders continued to react to the global panic caused by the bankruptcy of Lehman Brothers bank.(AFP/File/Shaun Curry)AFP - The FTSE index was down 3.43 percent to 5025.6 points as traders continued to react to the global panic caused by the bankruptcy of Lehman Brothers bank.


    -- read full article
    Tue, 16 Sep 2008 16:26:17 GMT - Yahoo! News: Business - European Economy
    Asian markets plunge on Lehman, Merrill woes (AP)

    A man walks past a display showing stock prices at Hong Kong's Stock Exchange in Hong Kong Tuesday, Sept. 16, 2008.  Hong Kong stocks plunged early Tuesday in the wake of Wall Street's overnight sell-off amid growing fears over the global financial system after U.S. investment bank Lehman Brothers filed for bankruptcy. The blue-chip Hang Seng Index tumbled 1142.41 points, or 5.9 percent, to 18210.49 in midday close, in line with world market losses. The exchange was closed Monday for a public holiday.(AP Photo/Vincent Yu)AP - Asian stock markets tumbled Tuesday as the collapse of Lehman Brothers and takeover of Merrill Lynch spurred fears of a global financial crisis. European markets, which fell sharply Monday, extended losses in early trading.


    -- read full article
    Tue, 16 Sep 2008 08:40:04 GMT - Yahoo! News: Business - European Economy
    Lehman bankruptcy shakes world financial system (AFP)

    Lehman Brothers has declared bankruptcy and Merrill Lynch announced a rescue sale in a series of dramas in the US financial system which hit European stocks as soon as trading began.(AFP/Getty Images/Michael Nagle)AFP - Lehman Brothers declared itself bankrupt Monday and Wall Street rival Merrill Lynch had to be taken over in a new financial earthquake that sent global markets into a slump.


    -- read full article
    Mon, 15 Sep 2008 10:07:55 GMT - Yahoo! News: Business - European Economy
    London stock market dives more than 5% (AFP)

    People walk past the London Stock Exchange. London's FTSE 100 index of leading shares plunged 5% in midday trade following the collapse of US investment giant Lehman Brothers.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of leading shares plunged 5.25% in midday trade on Monday following the collapse of US investment giant Lehman Brothers.


    -- read full article
    Mon, 15 Sep 2008 11:43:23 GMT - Yahoo! News: Business - European Economy
    London shares reel from Lehman shockwaves (AFP)

    London shares closed higher, after three consecutive days of losses, as banks and commodities gave the FTSE a boost.(AFP/File/Shaun Curry)AFP - London shares closed lower on Monday as the FTSE suffered repurcussions from the global crisis caused by the filing of bankruptcy by US banking giant Lehman Brothers and Merrill Lynch's imminent purchase by Bank of America..


    -- read full article
    Mon, 15 Sep 2008 16:41:38 GMT - Yahoo! News: Business - European Economy
    London stock market slides 2.28% at open (AFP)

    People walk past the London Stock Exchange. London's FTSE 100 index of leading shares slid 2.28 percent at the start of trading straight after falling by 0.72 percent at the open, following the collapse of US investment giant Lehman Brothers.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of leading shares slid 2.28 percent at the start of trading on Monday straight after falling by 0.72 percent at the open, following the collapse of US investment giant Lehman Brothers.


    -- read full article
    Mon, 15 Sep 2008 08:45:46 GMT - Yahoo! News: Business - European Economy
    Lehman Brothers bankruptcy, US crisis hits European stocks (AFP)

    Lehman Brothers has declared bankruptcy and Merrill Lynch announced a rescue sale in a series of dramas in the US financial system which hit European stocks as soon as trading began.(AFP/Getty Images/Michael Nagle)AFP - Lehman Brothers declared bankruptcy Monday and Merrill Lynch announced a rescue sale in a series of dramas in the US financial system which hit European stocks as soon as trading began.


    -- read full article
    Mon, 15 Sep 2008 08:46:45 GMT - Yahoo! News: Business - European Economy
    EU finance chiefs still see no end in sight to crisis (AFP)

    French Finance Minister Christine Lagarde (centre) gives a press conference with European Central Bank President Jean-Claude Trichet (left) and Commissioner for Economic and Monetary Affairs Joaquim Almunia in Nice, southern France. The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs said.(AFP/Stephane Danna)AFP - The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs said.


    -- read full article
    Sun, 14 Sep 2008 04:57:47 GMT - Yahoo! News: Business - European Economy
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