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Gordon Brown on Europe's 'common action' over the crisis European leaders are calling for major reform of the global banking system, as they meet to discuss an EU rescue plan. UK PM Gordon Brown said the IMF should be "rebuilt"...
Ossetian militia in Alkhagori on August 17, 2008. The provincial town of Akhalgori is at the top of a steep valley in Georgia's Upper Caucasus, a mere 40km from Tbilisi. But some two months after Russia's war with Georgia...
Prime minister hints at raising private savings guarantee above £50,000 at meeting with EU leaders Government guarantees on individuals' savings could be raised from £50,000 pounds, Gordon Brown said today as he unveiled plans...
MOSCOW. This October has seen the greatest number of extraordinary financial summits in a long time, with a frequency and scale proportionate to the size of the current financial crisis. The drive began with an emergency...
The price of the major foodstuffs consumed by the vast majority of the world - wheat, rice and maize - hit historically high levels on international markets earlier this year. The surge in prices sparked riots in a number of...
America today appeared to bow to Baghdad’s demands about the future status of their troops in Iraq, apparently agreeing that they must leave the country in three years time and could face prosecution in an Iraqi court if they...
BRUSSELS (Reuters) - Britain and Germany joined a French call on Wednesday for an international summit this year to overhaul of the world's financial order aimed at preventing a repeat of the worst credit crisis since the Great...
NEW YORK/BRUSSELS (Reuters) - European leaders pressed on Wednesday for an overhaul of global financial structures after Asia joined western countries in bailing out banks to avert financial meltdown and tackle looming recession.
The European Commission has proposed a guarantee for deposits of up to €100,000 (£77,000) to boost confidence in banks. By Amy Wilson and Jamie Dunkley The measure would give European Union countries a year to increase their...
