Inbox Robot: Euro News

France's Sarkozy says to meet UK's Brown on Sunday

11 Oct 2008 13:51 GMT

... on Sunday shortly before a meeting of euro zone countries' leaders on the financial crisis. "I ... company of the governor of the (European) central bank and the president of the (European) Commission," ...

DIARY-G7, IMF and World Bank meetings in Washington

11 Oct 2008 13:51 GMT

... heads of international financial institutions. 0745/1145 - ECB Executive Board member Lorenzo Bini Smaghi participates ... Board member Lorenzo Bini Smaghi participates in Euro 50 group breakfast. 0805/1205 - U.S. President ... - Bank of Mexico Governor Guillermo Ortiz, Central Bank of Indonesia Governor Boediono and Dallas Federal ...

G7 pledges urgent, decisive action

11 Oct 2008 13:50 GMT

... he said. Concerted interest-rate cuts by major central banks around the world, individual liquidity injections, and ... far failed to restore confidence. Leaders of euro zone countries will meet in Paris on ... scrambled for cash in the world's reserve currency. Emerging market assets fell to multi-year lows ...

Tokyo shares plunge as first institution fails

11 Oct 2008 13:30 GMT

... and pay back low-cost loans in Japan's currency. Known as the "carry trade", the practice ... converting the funds to dollars, sterling or euro has funded billions of dollars worth of ... on the week. Co-ordinated interest-rate reductions by central banks in the US, in the past two ...

French leader says unity with German key in crisis

11 Oct 2008 13:25 GMT

... comes a day before a Paris summit of 15 leaders of countries using the euro currency. Start Receiving PR-inside.com News Headlines per email. . A great way to stay informed ...

Week Ahead: Thawing The Glacial Credit Freeze

11 Oct 2008 13:25 GMT

... week edged up 2.9 percent against the euro, finishing at $1.3413. Oil, meanwhile, tumbled, losing ... credit markets. Earlier in the week, major central banks cooperated in a coordinated interest rate reduction. ... was to meet Saturday in Washington and Eurozone leaders meet Sunday in Paris. The meeting ...

U.S. works on bank plan as IMF warns of further market fall

11 Oct 2008 12:30 GMT

... market panic. However, an emergency meeting of euro zone leaders on Sunday would discuss a ... 15 states that have adopted the euro currency for emergency talks. "There are two competing ... Borrowing costs spiked this week even after central banks poured hundreds of billions of dollars into ...

Bush: US will work with partners on credit crisis

11 Oct 2008 12:30 GMT

... Paulson during the G7 Finance Ministers and Central Bank Governors Ministerial meeting, Friday, Oct. 10, 2008, ... central Germany, Friday, Oct. 10, 2008. The euro fell against the dollar Friday as world ... Motors Corp. Photo: Emplayees of Moscow Interbank Currency Exchange (MICEX) are see during a suspended ...

India's foreign exchange reserves drop nearly $8 billion

11 Oct 2008 12:19 GMT

... on account of market interventions by the central bank to stabilise the rupee and heavy selling ... foreign funds. The reserves, which include foreign currency assets, and gold, stood at $283.94 billion ... appreciation or depreciation of non-US currencies like Euro, Pound-Sterling and Yen, held in reserves. One ...

U.S. works on bank plan, IMF warns of further mkt fall

11 Oct 2008 11:50 GMT

Chaos rules on markets once more

11 Oct 2008 11:50 GMT

... Australia. Mere hours after the UK bail-out, central banks around the world cut interest rates by ... economy. The Bank of England, the European Central Bank and the Federal Reserve along with central ... authorities after announcing intentions to guarantee all €568 billion of private savings accounts. Denmark and ...

Eurozone leaders mull EU-wide rescue package: source

11 Oct 2008 11:32 GMT

... Eurozone leaders mull EU-wide rescue package: source PARIS ... source PARIS (Reuters) - Leaders of the euro zone countries will discuss the possible creation of ... 15 states that have adopted the euro currency will try and find a united response ...

SCENARIOS - How can policymakers halt the financial carnage?

11 Oct 2008 11:29 GMT

... no single Treasury authority serving the 15-nation euro zone or 27-nation EU. But analysts say ... $4.5 trillion (2.6 trillion pounds) of U.S. currency stashed in global central bank vaults -- the foreign exchange reserves traditionally ...

Economic Uncertainty Spreads

11 Oct 2008 11:28 GMT

... bleeding even the unprecedented coordination of central banks on three continents, which only generates more ... fear. The liquidity provided by the European Central Bank seems to be going through a revolving ... in the 15 nations that use the euro will fall during the second half of ...

UPDATE 2-Eurozone leaders mull EU-wide rescue package-source

11 Oct 2008 11:24 GMT

... Oct 11 (Reuters) - Leaders of the euro zone countries will discuss the possible creation of ... states that have adopted the euro currency will try and find a united response ...