Iceland nationalizes one of its largest banks, Landsbanki, as the country feels the worsening effects of the global financial crisis, while shares in UK banks fall sharply and European Union ministers scramble to shore up economic confidence and prevent a market meltdown.
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- Iceland likely to name world’s first gay premierA gay rights group is welcoming the likely appointment of the world’s first openly gay prime minister, Johanna Sigurdardottir of Iceland. ...
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- Iceland business minister resignsIceland’s Minister of Business Affairs Bjorgvin Sigurdsson resigned Sunday, three months after the collapse of several of the country’s le...
- Recession fears stalk Davos meetingMillionaires and finance ministers lined up in icy temperatures in the Swiss town of Davos Wednesday as the World Economic Forum got down to business ...
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- High anxiety as Davos talks kick offMillionaires and finance ministers lined up in icy temperatures in the Swiss town of Davos Wednesday as the World Economic Forum got down to business ...
- UK: Iceland Foods Ltd recalls one date code of Iceland Cocktail Sausage Rolls due to a packaging error resulting in incorrect allergen labelling information – (Food Standards Agency)Allergens: Celery, gluten (wheat), milk, mustard and sulphites Ref: G/2009 Product identification * Iceland Cocktail Sausage Rolls x 50 * Date code: 0...
- India says it will oppose U.S. ‘protectionism’India Friday vowed to oppose any protectionism moves by the United States as part of Washington’s efforts to deal with the economic crisis. ...
- Iceland, Iran eye U.N. Security CouncilRead full story for latest details. MORE: http://rss.cnn.com/~r/rss/cnn_world/~3/423359406/index.html
- Bush: Markets adjusting to economic actionPresident Bush has canceled a trip to Alabama and Florida on Thursday to work with advisers on the country’s economic struggles, the White House...
- Optimism, caution following economic summitInternational media reaction to the G-20 summit in London ranged from wary to upbeat Friday, as the world digested details of the $1 trillion plan to ...
- Obama calls for global economic cooperationPresident Obama reached out to citizens of the world Tuesday, saying in an op-ed piece that ran in 31 newspapers around the globe that there is an urg...
- Japan in recession as economic woes worsenIn a further indication of the devastating impact of the global economic downturn, Japanese government officials announced Monday that the world’...
- China’s economic growth slowsChina’s economic growth slumped to 9 percent for 2008, according to numbers released by the government Thursday — in line with expectation...
- Japan sinks deeper into recessionThe extent of the economic malaise that has descended on once-prosperous Japan is evident in the latest economic figures showing the steepest ever fal...
- EU rallies to tackle economic crisisEuropean Union leaders meeting for a two-day summit agree on the need for coordinated economic policies to deal with current and future financial cris...