DW-WORLD: European Leaders Hold Emergency Finance Summit in Paris French President Nicolas European gov'ts act to stop bank bleeding ...
Britain Nationalizes Ailing Mortgage Lender to Avert Run ...
Boat hits bridge in central Paris ...
Sarkozy makes Lisbon Treaty top priority ...
Chancellor Merkel meets Bush at G8 summit ... Sarkozy has called an emergency finance summit in Paris Saturday.
Washington has approved its historic $700-billion bailout package, but EU leaders are divided over what action to take. (04.10.2008) DW-WORLD: Benelux Governments Break Up Fortis Group The Dutch, Belgian and Luxembourg governments have agreed to break up Fortis, nearly a week after 49 percent of the fallen banking giant was nationalized. (04.10.2008) DW-WORLD: Chronology: Financial Crisis Spreads From US to World Markets The crisis in world financial markets began when prices started declining in the US real estate market in late 2006. So far, it is estimated that banks worldwide have had to writedown more than $550 billion in assets. (04.10.2008)
(Deutsche Welle)
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