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<title>Asian markets retreat after rally</title>
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<description><![CDATA[After dramatic rises earlier in the week, Asian stock markets lose ground despite a regional plan to ease the crisis.]]></description>
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<title>Bank crisis to dominate EU talks</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/europe/7669710.stm</link>
<description><![CDATA[EU leaders are to discuss multi-billion-euro rescue plans for Europe's ailing banks at a two-day summit in Brussels. 

]]></description>
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<title>Intel sees quarterly profits rise</title>
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<description><![CDATA[Intel, the world's biggest computer chipmaker, reports a 12% rise in quarterly earnings.]]></description>
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<title>Iceland &#x27;working day and night&#x27;</title>
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<description><![CDATA[Iceland's government is working "day and night" to solve the country's financial crisis, Prime Minister Geir Haarde tells the BBC.]]></description>
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<title>Daimler to axe 3,500 truck jobs </title>
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<description><![CDATA[Thousands of workers at Daimler, one of the world's biggest makers of heavy trucks, will lose their jobs.]]></description>
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<title>Germany &#x27;on brink of recession&#x27;</title>
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<description><![CDATA[Germany's economy is heading for recession and will only expand by 0.2% in 2009, the country's four leading economic think tanks warn.]]></description>
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<title>Recession fears hit Wall Street</title>
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<description><![CDATA[Fears the global economy may not be able to avoid a recession pushes US share prices lower.]]></description>
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<title>Pepsi cuts jobs as profits slide</title>
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<description><![CDATA[PespsiCo is to axe 3,300 jobs as part of a cost-cutting plan after profits fell amid lagging soft drinks sales in the US.]]></description>
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<title>Krugman wins Nobel for economics</title>
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<description><![CDATA[American Paul Krugman has won this year's Nobel economics prize for his work on trade patterns, it has been announced.]]></description>
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<title>Canadian firm unveils software to stop motorists using mobile phones</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/technology/7669533.stm</link>
<description><![CDATA[A Canadian firm unveils software which prevents motorists using mobile phones by intercepting their calls on the road.]]></description>
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<title>Guidelines for financial journalists</title>
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<title>Airline turbulence</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7669301.stm</link>
<description><![CDATA[India's first civil air show comes at a bleak time]]></description>
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<title>Job done?</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7667079.stm</link>
<description><![CDATA[Will the efforts to revive the banking sector work?]]></description>
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<title>Robert Peston</title>
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<description><![CDATA[How to stop the nationalisation of the banks]]></description>
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<title>Alive and kicking</title>
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<description><![CDATA[Why US football means more than just David Beckham]]></description>
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<title>German rescue</title>
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<description><![CDATA[Finance minister Steinbrueck on the bank bail-out]]></description>
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<title>Immoral lending</title>
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<description><![CDATA[UK mortgage broker admits immoral practices]]></description>
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<title>Consumer inflation reaches 5.2%</title>
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<description><![CDATA[The annual rate of UK inflation hits a 16-year high of 5.2%, with higher energy bills behind much of the increase.]]></description>
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<title>House sales hit new 30-year low</title>
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<description><![CDATA[The UK property market slump is becoming even worse, says the Royal Institution of Chartered Surveyors.]]></description>
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<title>No legal case against Rock bosses</title>
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<description><![CDATA[Nationalised lender Northern Rock says it will not take legal action for negligence against those in charge before its collapse.]]></description>
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<title>Barclays faces investment lawsuit</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7667896.stm</link>
<description><![CDATA[Barclays is sued over claims it moved loss-making investments from its own accounts to outside investors.]]></description>
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<title>Libya &#x27;to pull Swiss bank assets&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/africa/7662856.stm</link>
<description><![CDATA[Libya is to withdraw an estimated $7m of assets from Swiss banks in a row over the arrest of the Libyan leader's son.]]></description>
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<title>Financial crisis &#x27;worries Africa&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/africa/7662893.stm</link>
<description><![CDATA[The chairman of the African Union appeals against any cut in aid following the global financial crisis.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7668704.stm">
<title>US unveils $250bn banking rescue</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7668704.stm</link>
<description><![CDATA[The US government will buy stakes in major banks to try to stabilise the battered financial sector.]]></description>
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<title>US stocks soar after crisis talks</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7666608.stm</link>
<description><![CDATA[Wall Street shares rocket 11% as investors welcome fresh efforts by governments to deal with the financial crisis.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7662572.stm">
<title>Fear grips global stock markets</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7662572.stm</link>
<description><![CDATA[Global stocks fall sharply on one of the worst days of trading in 30 years, despite continuing actions to tackle the crisis.]]></description>
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<title>Japan holds interest rate at 0.5%</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7656129.stm</link>
<description><![CDATA[Japan keeps its key interest rate at 0.5% for the 20th consecutive month - amid continued worries about the global financial crisis.]]></description>
</item>

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<title>Europe acts to strengthen banks</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7667342.stm</link>
<description><![CDATA[Major European economies announce financial rescue schemes to shore up their banking systems.]]></description>
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<title>UK loan offered to Icelandic bank</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7664007.stm</link>
<description><![CDATA[A £100m loan is being offered by the Bank of England to collapsed Icelandic bank Landsbanki, which owned Icesave.]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7657644.stm">
<title>Middle East stock markets plunge</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7657644.stm</link>
<description><![CDATA[Shares on the main Arab stock markets fall sharply amid concern the financial crisis in the US and Europe is spreading to the Middle East.  ]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7654362.stm">
<title>Oil price dips below $90 a barrel</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7654362.stm</link>
<description><![CDATA[Oil prices fall to an eight-month low of less than US $90 a barrel and shares on Gulf stock markets fall sharply.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/south_asia/7620287.stm">
<title>US bans key Indian drug imports</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/south_asia/7620287.stm</link>
<description><![CDATA[The US FDA says it has banned the import of more than 30 generic drugs made by Indian drug firm Ranbaxy.]]></description>
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<title>Pakistan sees wider trade deficit</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7608866.stm</link>
<description><![CDATA[Export disruption causes trade gap between Pakistan and the rest of the world to widen in August.]]></description>
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<title>Bleak Numbers Stoke Fears of Recession in Europe</title>
<link>http://www.nytimes.com/2008/10/15/business/worldbusiness/15euecon.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[With the financial sector’s problems weighing directly on the broader economy, many economists say Europe is already in recession and will be lucky to get out of it by summer.    
]]></description>
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<title>Despite Big Rally, Grim Outlook on Profits and Jobs</title>
<link>http://www.nytimes.com/2008/10/15/business/15markets.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[A day after the stock market staged one of its biggest rallies in history, investors retreated once again.    
]]></description>
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<title>Lehman&#x2019;s &#x2018;Certificates&#x2019; Proved Risky in Germany</title>
<link>http://www.nytimes.com/2008/10/15/business/worldbusiness/15lehman.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[To tens of thousands of German residents with modest investments, the Lehman collapse hit close to home.    
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<item rdf:about="http://www.nytimes.com/2008/10/15/business/worldbusiness/15icebank.html?partner=rssnyt&#x26;emc=rss">
<title>Iceland Turns to Neighbors to Prevent a Collapse</title>
<link>http://www.nytimes.com/2008/10/15/business/worldbusiness/15icebank.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[As its stock market dropped almost 80 percent, Iceland said it drew $273.2 million from the central banks of Norway and Denmark.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/15/business/worldbusiness/15deposits.html?partner=rssnyt&#x26;emc=rss">
<title>Hong Kong Backs Bank Deposits for 2 Years</title>
<link>http://www.nytimes.com/2008/10/15/business/worldbusiness/15deposits.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Hong Kong’s financial regulators announced on Tuesday that they would provide government backing for all of the territory’s $773 billion in bank deposits through 2010.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/15/business/15truck.html?partner=rssnyt&#x26;emc=rss">
<title>Daimler to Cut Jobs in U.S. and Canada</title>
<link>http://www.nytimes.com/2008/10/15/business/15truck.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Daimler announced plans to eliminate its Sterling truck brand and shift production from the United States to Mexico, moves that will cut about 3,500 jobs.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/15/world/europe/15brown.html?partner=rssnyt&#x26;emc=rss">
<title>British Prime Minister&#x2019;s Stock Rises as His Bank Plan Lifts Stocks Worldwide</title>
<link>http://www.nytimes.com/2008/10/15/world/europe/15brown.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[After devising a bank rescue plan that has now been endorsed by European and American officials, Gordon Brown is seeing a revival to his political career.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/15/world/europe/15alaska.html?partner=rssnyt&#x26;emc=rss">
<title>Russian Gas Executives Visit Palin&#x2019;s Turf</title>
<link>http://www.nytimes.com/2008/10/15/world/europe/15alaska.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[A high-level delegation from the Russian energy company Gazprom met in Anchorage with state officials to talk about investing in Alaskan energy projects.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14euro.html?partner=rssnyt&#x26;emc=rss">
<title>A Host of Measures Across Europe</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14euro.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Britain effectively took control of two of its largest banks, and leaders in other countries offered more than a trillion euros in loan guarantees and other support.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/economy/14commodities.html?partner=rssnyt&#x26;emc=rss">
<title>Commodity Prices Tumble</title>
<link>http://www.nytimes.com/2008/10/14/business/economy/14commodities.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The financial panic and economic slowdown have put at least a temporary end to the commodity bull market of the last seven years.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14wealth.html?partner=rssnyt&#x26;emc=rss">
<title>Sovereign Funds Now Prefer Hoarding Cash to Rescuing U.S. Financial Firms</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14wealth.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Some large sovereign wealth funds in the Middle East have been hoarding cash, much like the hedge funds and institutional investment funds that have been running for cover.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14bank.html?partner=rssnyt&#x26;emc=rss">
<title>Spanish Bank Buys Sovereign</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14bank.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Banco Santander confirmed that it would buy the rest of Sovereign Bancorp, extending a wave of consolidation in the banking industry.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/economy/14econ.html?partner=rssnyt&#x26;emc=rss">
<title>Professor and Columnist Wins Economics Nobel</title>
<link>http://www.nytimes.com/2008/10/14/business/economy/14econ.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Paul Krugman, a professor at Princeton and a columnist for The Times, won for his work on global trade patterns.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14hungary.html?partner=rssnyt&#x26;emc=rss">
<title>I.M.F. Says It&#x2019;s Ready to Help Out Hungary</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14hungary.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The International Monetary Fund said that it stood ready to help Hungary as the global financial crisis increased the strains on the Eastern European country’s economy.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14rencap.html?partner=rssnyt&#x26;emc=rss">
<title>Russian Bank Loses $10 Million on Illicit Trades</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14rencap.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[An equities trader at the Russian investment bank Renaissance Capital lost the company about $10 million by placing unauthorized bets on the stock market just as it collapsed.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/13/business/worldbusiness/13euro.html?partner=rssnyt&#x26;emc=rss">
<title>U.S. Missteps Are Evident, but Europe Is Implicated</title>
<link>http://www.nytimes.com/2008/10/13/business/worldbusiness/13euro.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Experts say lenders in Europe all too willingly embraced many of the riskiest practices of their American counterparts.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/13/world/europe/13russia.html?partner=rssnyt&#x26;emc=rss">
<title>Stock Slump Imperils Putin&#x2019;s Effort to Pump Up Russian Wealth, and His Legacy</title>
<link>http://www.nytimes.com/2008/10/13/world/europe/13russia.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Vladimir V. Putin is facing a threat to his legacy of bringing growth, stability and a renewed swagger to this nation.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/13/business/media/13deal.html?partner=rssnyt&#x26;emc=rss">
<title>Reaching for a Higher Profile, Abu Dhabi Opens a Hub for Western Media</title>
<link>http://www.nytimes.com/2008/10/13/business/media/13deal.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[CNN, The Financial Times and other media companies are setting up shop in the island city that is the capital of the United Arab Emirates.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/12/world/asia/12japan.html?partner=rssnyt&#x26;emc=rss">
<title>In Japan, Hope Fades for Disposable Workers</title>
<link>http://www.nytimes.com/2008/10/12/world/asia/12japan.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Little is being built in Japan’s stagnant economy, and day laborers and part-time workers are having difficulty finding jobs.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/12/weekinreview/12leonhardt.html?partner=rssnyt&#x26;emc=rss">
<title>A Power That May Not Stay So Super</title>
<link>http://www.nytimes.com/2008/10/12/weekinreview/12leonhardt.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Britain overreached imperially. The U.S. has been doing it financially.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/11/business/11global.html?partner=rssnyt&#x26;emc=rss">
<title>Rich Nations Pushing for Joint Financial Rescue</title>
<link>http://www.nytimes.com/2008/10/11/business/11global.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The United States and six other nations agreed to a plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank lending.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/11/business/worldbusiness/11ripple.html?partner=rssnyt&#x26;emc=rss">
<title>Economic Uncertainty Spreads</title>
<link>http://www.nytimes.com/2008/10/11/business/worldbusiness/11ripple.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Around the world, fears of recession have fed a stock market panic, as worries about toxic assets spread from the financial sector to the credit markets and now to the broader economy.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/11/business/worldbusiness/11ruble.html?partner=rssnyt&#x26;emc=rss">
<title>Russia to Spend Billions Buying Shares on Stock Exchanges to Bolster Confidence</title>
<link>http://www.nytimes.com/2008/10/11/business/worldbusiness/11ruble.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The move would support one of the world’s hardest-hit markets from the credit crisis, as the country suffered fresh blows from plunging commodity prices.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/11/business/worldbusiness/11moscow.html?partner=rssnyt&#x26;emc=rss">
<title>Russia Approves $36 Billion Loan Plan</title>
<link>http://www.nytimes.com/2008/10/11/business/worldbusiness/11moscow.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Parliament passed a law unlocking Central Bank lending to private banks in a $36 billion bailout, continuing a strategy that has relied on making government oil profits available to banks.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-NISSANTOCUT1_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Europe: Spain: Nissan to Cut 1,680 Jobs</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-NISSANTOCUT1_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[A Nissan official said the car maker would lay off 1,680 workers at a plant in Spain because of poor demand.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-DIVIDEDONRUS_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Europe: Luxembourg: Divided on Russia</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-DIVIDEDONRUS_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Nations in the European Union were divided over whether to resume talks on a political and economic pact with Russia that were frozen in protest over its war with Georgia.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-PROTESTSATEX_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Asia: Pakistan: Protests at Exchange</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-PROTESTSATEX_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The police surrounded Pakistan’s biggest stock exchange to thwart violence by investors demanding a trading halt.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-RECORDTRADES_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Asia: China: Record Trade Surplus</title>
<link>http://www.nytimes.com/2008/10/14/business/worldbusiness/14fobriefs-RECORDTRADES_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[China’s trade surplus in September hit a new monthly high of $29.3 billion, the government said.    
]]></description>
</item>

</rdf:RDF>