DW-WORLD: Financial Meltdown Worsens as Recession Hits Euro Zone As US bank Washington Mutual goes belly-up, Ireland has Republicans block US government US $700 bn financial rescue plan ...
Five candidates seeking appointment as Japan's premier ...
Sarkozy heads to Syria for Mideast peace talks ...
Aid workers freed in Afghanistan ...
China lifts Internet curbs at Games centre ...
US inflation rate at 26-year high ... become the first euro zone country to officially slide into recession. Laissez-faire is done with, said French and current EU President Nicolas Sarkozy.
(26.09.2008) DW-WORLD: Debt-Averse Germans Unlikely to Attract Sub-Prime Trouble Sub-prime mortgages are virtually unknown in Germany since home ownership rates are relatively low. Germans tend to be debt-averse and are required to put down more equity in financing a home purchase. (25.09.2008) DW-WORLD: Europe Shuns US-style Rescue as Bailout Debate Rages The EU says its financial system is robust and there is no need to come up with a US-style bailout as Federal Reserve Chairman Bernanke offered his bleakest outlook since a credit crisis set in last year. (24.09.2008)
(Deutsche Welle)
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