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30.09.2008 - Sarkozy Holds Emergency Meetings as French Banks Reel

DW-WORLD: Europe Props Up Crumbling Banks as US Rejects Bailout European governments were forced to rescue a number of financial institutions hit by the US-born crisis, sending stock markets plummeting.

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Washington's rejection of a $700-billion bailout caused world markets to plummet. (30.09.2008) DW-WORLD: Germany Bails Eurotunnel probably closed to passengers for weekend ...
What's Left of the Berlin Wall ...
Deng agrees Ј40m Chicago contract ...
Isinbayeva breaks pole vault mark ...
German Journalists Demand Free Access During Beijing Olympics ...
Out Ailing Mortgage Lender Hypo Real Estate Germany's government and top banks were injecting billions of euros Monday into troubled commercial property lender Hypo Real Estate, the first German blue-chip company to seek a bailout in the global financial crisis. (29.09.2008) DW-WORLD: Britain Nationalizes Ailing Mortgage Lender to Avert Run The British government is to nationalize mortgage lender Bradford & Bingley (B&B), the second bank this year to be taken into public ownership. (29.09.2008) DW-WORLD: Benelux Countries to Bail Out Sinking Fortis Group As Washington prepares to vote on its massive bailout plan, the European Central Bank gave the green light to a rapid nationalization of the Benelux financial group Fortis in a bid to save one of Europe's top 20 banks. (29.09.2008) DW-WORLD: Merkel Slams US, Britain for Blocking Tighter Financial Controls German Chancellor Angela Merkel indirectly criticized the United States and Britain on Saturday for blocking her government's previous efforts to tighten regulation of financial markets and inject transparency. (20.09.2008)

(Deutsche Welle)


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