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16.10.2008, 11:31

Medvedev calls for continued economic growth

As oil prices fall to their lowest in 13 months, fears of recession in Russia continue to grow. President Dmitry Medvedev has called a meeting with the cabinet's economic bloc and heads of country's largest banks.

AFP Photo / Jean-Christophe Verhaegen 16.10.2008, 17:18

World financial system needs to be revised – Sarkozy

EU leaders, who are meeting in Brussels, say the current world banking system needs an overhaul. French President Nicolas Sarkozy says that it’s vital to hold talks on the revision of the world financial system by the end of the year, without waiting till

Britain's Prime Minister Gordon Brown delivers a speech on world affairs during the City of London Lord Mayor's Banquet  (AFP Photo / Lefteris Pitarakis) 11.11.2008, 03:21

British PM: Obama’s victory is proof of the American dream

British Prime Minister Gordon Brown says that Barack Obama’s victory in the U.S. presidential election is a source of hope and proves that the ‘American dream’ does exist. He also said the UK and the U.S. should provide the leadership for strengthening th

Did PM Brown save British banks?

Published: 16 October, 2008, 08:09


British Prime Minister Gordon Brown (AFP Photo / Matt Dunham)

Only months after damning British Prime Minister Gordon Brown for economic incompetence, the British press is presenting him as the saviour of the western world, or at least the western economic system.

 
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