breakingnews
19.10.2008, 04:46
The past week has been a tough one for Iceland. The island of 300,000 people has so far been the most serious state victim of the global credit crunch. Its economy has nosedived after years of prosperity, with its banks virtually collapsed and currency de
19.10.2008, 12:53
With the financial crisis raging, and the threat of recession looming, the British government says it can’t support immigration at its current level. Political analyst John Bourke looks into the implications of the move.
20.10.2008, 13:59
The recent losses of Russia's richest businessmen, in the wake of the meltdown of the worlds equities markets, and ensuing financial chaos, have been calculated by Smart Money magazine. If the upside of being a wealthy business men is that you have loads
23.10.2008, 11:12
Russia’s RTS and Micex indices are lower in afternoon trade following in the wake of overnight falls on Wall street, which has flowed through to Thursday trade in Asia and Europe.
25.10.2008, 19:37
Iceland's government has announced that it has reached agreement with the International Monetary Fund (IMF) on an economic stabilisation programme which includes a $US 2.1 billion loan from the fund.
27.10.2008, 16:59
The U.S. administration has prompted a huge surge in the U.S. dollar, which may help refinance its financial sector. The cost is a currency whirlwind that threatens the collapse not just of banks and companies but entire countries.
21.10.2008, 13:08
Russia is being made to pay for the financial blunders made by the US as it fights the effects of the global financial crisis, according to Dmitry Medvedev. The Russian President was speaking at the opening of the Square of Russia in the Armenian capital,
Published: 23 October, 2008, 09:28
Vladimir Putin says exchanging roubles for dollars is a “doubtful venture” because of uncertainty over what the dollar could do next. The Russian Prime Minister was speaking in an attempt to calm fears over the stability of the currency which
