French Economy Minister Christine Lagarde refuses to place blame but says
that the refusal of the U.S. Treasury to rescue investment bank Lehman
Brothers is the event that
led to the current economic crisis.
WASHINGTON ... more »
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Friday, October 10
Lagarde says Lehman failure precipitated crisis and better global coordination required to tackle it
by
Mnet
on Fri 10 Oct 2008 06:25 PM BST
European shares join global plunge as banks tumble
by
Mnet
on Fri 10 Oct 2008 09:50 AM BST
Britain's FTSE 100 and Germany's DAX were all trading down about 8 per
cent, having earlier fallen as much as 10 per cent. LONDON, ENGLAND, UK (OCTOBER 10, 2008) REUTERS - European stocks tumbled at ... more »
Spaniards go second-hand in the fight against the credit crunch
by
Mnet
on Fri 10 Oct 2008 09:47 AM BST
As the effect of the global credit crunch continues to hit ordinary
Spaniards, more and more are turning to second hand shops in an effort to avoid paying higher prices for luxury items. MADRID, SPAIN ... more » |
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