DW-WORLD: Germany in New Bid to Rescue Troubled Lender Hypo Real Estate Germany's Finance Ministry said it is working on a new attempt to save Hypo Real Estate, the German mortgage lender caught up in the wave of Western bank failures, after an initial bailout deal collapsed.
(05.10.2008) 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 Georgia needs immediate economic aid - Czech PM ...
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Czech govt approves military strategy without ForMin's comments ... worldwide have had to writedown more than $550 billion in assets. (04.10.2008) DW-WORLD: EU Leaders Vow to Coordinate Response to Finance Crisis European leaders have agreed to loosen public spending rules to help prop up their banking systems. Each country is responsible for its own banks -- but shouldn't act without consulting the other EU members, they said. (05.10.2008)
(Deutsche Welle)
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