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Last updated: 09:38:32 Saturday Nov 29, 2008


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  • OPEC ends Cairo meeting without new output cuts
    CAIRO, Egypt - OPEC ended a hastily convened meeting in Cairo Saturday without announcing new output cuts, despite the steep drop in crude prices and the threat it poses to member governments' national budgets.   Nations:Algeria Saudi Arabia Ecuador Kuwait Nigeria Venezuela   Activities:2007-8 Oil Crisis   Source:(AP)   2008-11-29

    IMF agrees 518 mln dlr line of credit with crisis-hit Serbia
    WASHINGTON (AFP) - The International Monetary Fund has agreed a 518 million dollar line of credit for Serbia to help the country weather the global financial crisis, IMF chief Dominique Strauss-Kahn has said.   Nations:Serbia   People:George W. Bush   Activities:Global Financial Crisis   Source:(AFP)   2008-11-17

    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

    Pakistan secures IMF loan of at least 7.6 billion dollars
    KARACHI (AFP) - Pakistan announced Saturday it will receive a loan of at least 7.6 billion dollars from the International Monetary Fund, the Fund's first rescue in Asia since the global financial crisis began.   Nations:Pakistan Ukraine South Korea Hungary Thailand   Activities:Global Financial Crisis   Source:(AFP)   2008-11-15

    Germany, China, U.S. feel pain of global downturn
    NEW YORK - Three of the world's largest economies painted bleak pictures of current conditions on Thursday as the United States, China and Germany all provided fresh evidence of the global economic slide.   Nations:Australia   People:Barack Obama George W. Bush   Activities:Global Financial Crisis   2008-11-13

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  • [Global Financial Crisis]: The Fed boosted emergency loans to banks and firms (21:20 11/28)
  • [2008 Global Recession]: Economic crisis deepens in Europe, Asia (17:20 11/28)
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  • [Pakistan-U.S.]: Suspected US missile strike kills 5 in Pakistan (09:08 11/22)
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    [2007-8 Oil Crisis]: Oil hits near 4-year low on weak economic news (06:40 12/4)

    [2008 Mumbai Terror Attack]: Officials: Pakistan militants masterminded attacks (06:40 12/4)

    [2008 Global Recession]: BoE cuts interest rates, ECB decision due shortly (06:40 12/4)

    [Afghan Terror War]: Suicide bombers hit Afghan southeast (06:40 12/4)

    [Second Gulf War]: Iraq officials: Car bombings in Fallujah kill 10 (06:40 12/4)

    [U.S. Foreclosure Crisis]: Toll Brothers 4Q loss narrows, no 2009 forecast (06:40 12/4)

    [Global Financial Crisis]: European markets surge ahead of rate decisions (05:40 12/4)


    [U.S.-Russia Military Relations]: Russia to send warship through Panama Canal (23:38 12/3)


    [India-Pakistan]: Official: Pakistan group leaders linked to attacks (23:28 12/3)

    [2008 Automakers Downturn]: Automakers plead with Congress; votes lacking (23:28 12/3)




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