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U.S. News & World Report - MOSCOW--By any measure, Russia's stock markets have been on a sickening ride.
U.S. News & World Report - PARIS--French President Nicolas Sarkozy received a harsh lesson about European realities when he convened an emergency meeting of leaders representing the Continent's four biggest economies--France, Britain, Germany, and Italy--last week to deal with the financial-markets crisis.

An employee of Korea Exchange Bank counts 100-dollar bills at the bank's headquarters in Seoul September 3, 2008. (Jo Yong-Hak/Reuters)Reuters - The bleak outlook for the U.S. economy and the worst credit crunch in decades are pushing many stressed-out consumers to learn some new skills -- budgeting and saving.


In this July 16, 2008 file photo, Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on Capitol Hill in Washington. Tighten your seat belt. Federal Reserve Chairman Ben Bernanke and his colleagues are preparing to ride out economic and financial storms by holding their most important interest rate steady this week and probably through the rest of this year. (AP Photo/Susan Walsh, File)The Christian Science Monitor - The dramatic changes in the US financial system – the debt write-downs and consolidation of corporate balance sheets – are now mirrored at kitchen tables around the United States.


Shoppers walk along Broadway in New York's Soho shopping district August 13, 2008. (Brendan McDermid/Reuters)Reuters - The credit crisis has shattered U.S. consumers' faith in financial institutions, including a stunning loss of confidence in the Federal Reserve, and that is likely to trigger the biggest drop in consumer spending in more than three decades and a deep recession, according to a survey released on Friday.


U.S. military commander in Iraq General David Petraeus salutes during a farewell ceremony for him at the Ministry of Defence in Baghdad September 15, 2008. (Mahmoud Raouf Mahmoud/Reuters)Reuters - U.S. Army Gen. David Petraeus said on Wednesday that negotiations with some members of the Taliban could provide a way to reduce violence in sections of Afghanistan gripped by an intensifying insurgency.


A child undergoes a medical check for possible kidney stones at a hospital in Hefei, Anhui province, September 21, 2008. (Jianan Yu/Reuters)Reuters - The toll of Chinese children ill from toxic milk formula may have nearly doubled since the Health Ministry's last public count, local media reports show, but an official said on Wednesday the number of new cases was falling.


A U.S. soldier keeps watch at the site where Taliban militants set fire to a convoy of supply trucks in Ghazni, southeast of Afghanistan June 24, 2008. (Shir Ahmad/Reuters)Reuters - Violence in Afghanistan will escalate in 2009 unless the United States and other countries move quickly to counter an intensifying Taliban insurgency with troops and assistance, the top U.S. military officer said on Thursday.


Democratic presidential nominee Senator Barack Obama greets supporters at a campaign rally in Dayton Dragon Stadium in Dayton, Ohio October 9, 2008. (Jim Young/Reuters)Reuters - Democrat Barack Obama praised his rival John McCain for trying to tone down the vitriol of the U.S. presidential race but pressed ahead on Saturday with an effort to cast the Republican as out of touch on the economy.


Reuters - Suspected U.S. drones fired two missile on Saturday into a Pakistani region regarded as an al Qaeda and Taliban safe haven, killing at least five militants, residents and an intelligence official said.
Reuters - U.S.-led forces in southeastern Iraq have disrupted an arms-smuggling network blamed for distributing deadly Iranian-made roadside bombs and rockets in Iraq, a U.S. military officer said on Thursday.

A bound victim of kidnapping is shown moments before he was freed by police in Phoenix, Arizona in this undated handout picture released October 8, 2008. The criminal underworld in the sun-baked Arizona capital of Phoenix has long enjoyed the hot money profits from illicit smuggling of drugs and people over the border from Mexico. But now its members are living in fear as they are stalked by kidnappers after their proceeds, authorities say. (Phoenix Police Department/Handout/Reuters)Reuters - The criminal underworld in the sun-baked Arizona capital of Phoenix has long enjoyed the hot money profits from illicit smuggling of drugs and people over the border from Mexico.


Finland's former president and United Nations envoy Martti Ahtisaari adjusts his glasses during a news conference in Vienna in this file picture taken February 21, 2007. (Herwig Prammer/Files/Reuters)Reuters - Finland's former president Martti Ahtisaari won the Nobel Peace Prize on Friday for a decades-long career of peacemaking around the world from Namibia to Kosovo.


  Wed, 08 Oct 2008 22:06:05 +0200

Ukraine's Prime Minister Yulia Tymoshenko speaks during a news conference in Kiev October 7, 2008. (Konstantin Chernichkin/Reuters)Reuters - Ukrainian President Viktor Yushchenko on Wednesday abandoned the search for a coalition to take over from the current "orange" government, dissolved parliament and called an early election to the assembly.


The Christian Science Monitor - In a bid to fix blame for the meltdown in financial markets, the lead House oversight panel this week launched into the bailout of insurance giant American International Group (AIG) – and the non-bailout of Lehman Brothers investment bank.

The Iceland flag flies next to the headquarters of Kaupthing Bank in Reykjavik October 9, 2008. (Bob Strong/Reuters)Reuters - International investors counted the cost of their involvement with Iceland Friday after a meltdown in its banking system turned the country from a popular financial player to a pauper in just a few days.


The Christian Science Monitor - The eagle has crash-landed – or has it?

A series of mathematical equations in a combination image. Americans may like to make fun of girls who are good at math, but this attitude is robbing the country of some of its best talent, researchers reported on Friday. (Composite/Reuters)Reuters - Americans may like to make fun of girls who are good at math, but this attitude is robbing the country of some of its best talent, researchers reported on Friday.


Supporters reach out to Democratic presidential nominee Senator Barack Obama (D-IL) at a campaign rally at the Indiana State Fairgrounds in Indianapolis October 8, 2008. (Jim Young/Reuters)Reuters - Young Americans could turn out in record numbers in the November presidential election and all signs are that Democrat Barack Obama stands to benefit.


The wreckage of the car of Joerg Haider, governor of Carinthia and leader of Austria's Buendnis Zukunft Oesterreich (BZOe) party (Alliance for Austria's future), is seen in the small village of Lambichl near the Carinthian capital of Klagenfurt October 11, 2008. Austrian far-right leader Haider, a charismatic populist who helped thrust anti-immigrant politics into the European mainstream, was killed in a car accident on Saturday. (Daniel Raunig/Reuters)Reuters - The death of Austria's charismatic rightist politician Joerg Haider makes a reunification of the two far-right parties more likely, but they may struggle to keep rural and middle-class voters.



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