Economy worries hit world markets Thu, 04 Sep 2008 21:26:28 -0000 European and US shares fall on more fears over the state of the economy and the prospect of slower Eurozone growth. BP moves to settle Russia dispute Thu, 04 Sep 2008 10:21:40 -0000 BP signs an agreement with its Russian partner aimed at solving a festering dispute at joint venture TNK-BP. Slowdown 'to hit poor countries' Thu, 04 Sep 2008 17:00:25 -0000 The global slowdown will take its toll on growth in developing countries, the UN agency Unctad says.
NYT > World Business
China’s Central Bank Is Short of Capital Fri, 05 Sep 2008 03:20:31 -0000 China’s central bank is in a bind, after snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac over the last seven years.
Two Banks in Europe Stand Pat on Rates Fri, 05 Sep 2008 01:32:16 -0000 Both the European Central Bank and the Bank of England kept their key interest rates unchanged Thursday amid concerns of high inflation and a slowing economy.
Russia’s Oligarchs May Face a Georgian Chill Fri, 05 Sep 2008 03:20:33 -0000 Some policy makers are starting to suggest that the best way to influence the Kremlin would be to put more pressure on the Russian business community in Europe.
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