US political leaders are set to resume emergency talks on a 700 billion dollar financial rescue package Protests in Cologne over right-wing congress ...
Czech Greens deputy head hit by egg when coming to congress ...
Hurricane Gustav weakens ...
Latest Poland-US Talks Could See Missile-Shield Breakthrough ... this Friday after failed bi-partisan talks with US President George W.
Bush at the White House on Thursday. The proposal would see the government buy bad debts from US banks. The rescue deal had appeared within reach but a number of Republican members of the Congress refused to pass it. They are concerned at the government's unprecedented intrusion into private enterprise. It is feared that without government intervention, more financial institutions will collapse causing a major credit squeeze.
(Deutsche Welle)
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