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Recession fears drag FTSE down Global shares carry on falling Oxford University faces £30m Icelandic bank losses Audit chiefs invested £10m in Iceland Markets feel the chill from China Andrew Grice: While Brown basks in plaudits, Sarkozy seethes ...

Brown: Financial crisis plan will work - The Independent

BERN, Switzerland— The Swiss government says it will help banking giant UBS raise billions of dollars in new capital. The government says the measure is part of a wider package to support the country's banking system. It includes lending UBS up to ...

Switzerland pumps billions into bank rescue plan - Boston Globe

John McCain may have found a blue-collar face to help him argue that no American -- not even the richest 5 percent -- should pay higher taxes. "Joe The Plumber" has weighed in on Wednesday's presidential debate and he says that Barack Obama's tax ...

Joe The Plumber: Obama Tax Plan 'Infuriates Me' - ABC News Blogs

BRUSSELS, Belgium : European Union leaders agreed Thursday to stick to their ambitious plan to cut greenhouse gases despite concern about the impact on industries already struggling with the global market meltdown. "The objectives remain unchanged ...

EU will stick to climate change plan - International Herald Tribune

The Government and City watchdog have launched a campaign to help consumers who are struggling financially get a better grip on their money. The £2 million campaign aims to encourage people to use the Financial Services Authority's consumer website ...

Bid to help cash-strapped consumers - Channel 4 News

SACRAMENTO, Calif. (AP) - To reach its global warming goals, California must cut greenhouse gas emissions by about four tons per person, which would require cleaner cars, more renewable energy and a cap on major polluters, according to a state plan ...

California releases plan to cut greenhouse gases - MSN MoneyCentral

European Union leaders called on Thursday for action to preserve growth and jobs and maintain industrial competitiveness as the worst financial crisis for 80 years raised fears of a deep recession. The 27 leaders said a forthcoming international ...

EU vows to shield economy from financial fallout - International Herald Tribune

Japan should invest the huge amount of money sitting in its government coffers to buy problem U.S. assets and help its needy ally, a ruling party lawmaker said Thursday. "This is not a pleasant thing to say, but the U.S. doesn't have money, and it's ...

Lawmaker: Japan should invest cash in US bailout - BusinessWeek

WASHINGTON— Fears of recession are trumping fears of inflation. A crucial barometer of inflation came in flat last month, temporarily halting Wall Street's slide. But stocks dropped again in morning trading Thursday, with the Dow Jones industrial ...

Worries over economy spread; global markets sink - Boston Globe

SEATTLE - Federal authorities said Wednesday they have opened an investigation into the failure of Washington Mutual Inc. , the largest bank failure in U.S. history. U.S. Attorney Jeff Sullivan said in a statement that his office, the FBI , the ...

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