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Greek shipping hit by global financial crisis (AP)
AP - In the sparkling blue waters off Greece's bustling port of Piraeus, dozens of hulking carrier ships loom out of the haze of a retreating thunderstorm. After spending several boom years racing across the world's oceans, they swing idly on their anchors, waiting for cargo.
Publ.Date: Thu, 20 Nov 2008 21:05:40 GMT
Source: Yahoo.com
IMF, Nordics pledge $4.6 billion loans to Iceland (AP)
AP - Four Nordic countries and the International Monetary Fund on Thursday pledged a combined $4.6 billion (euro3.64 billion) in loans to help Iceland recover from its economic meltdown.
Publ.Date: Thu, 20 Nov 2008 12:01:54 GMT
Source: Yahoo.com
Turkey, IMF in talks for possible loan (AP)
AP - Turkey is in talks with the International Monetary Fund over a possible loan to help its economy weather the impact of the global financial crisis, the government said Thursday.
Publ.Date: Thu, 20 Nov 2008 16:33:46 GMT
Source: Yahoo.com
Latvia seeks bailout funds from EU, IMF (AP)
AP - Latvia's government announced Thursday that it would seek help from the European Union and the International Monetary Fund to stabilize its deteriorating economy and banking system hit by the world financial crisis.
Publ.Date: Thu, 20 Nov 2008 14:07:28 GMT
Source: Yahoo.com
RBS soars on expectation of 20 bln pound injection (AP)
AP - Royal Bank of Scotland PLC shareholders approved a 20 billion pound ($30 billion) government bailout Thursday, a plan intended to help the struggling lender survive the global financial crisis.
Publ.Date: Thu, 20 Nov 2008 22:37:04 GMT
Source: Yahoo.com
World stocks down amid fears of deep recession (AP)
AP - World stocks fell sharply Thursday as fears of a deep global recession gripped markets and sent oil prices below $50 a barrel to levels not seen in more than three years.
Publ.Date: Thu, 20 Nov 2008 23:41:57 GMT
Source: Yahoo.com
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