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CompareCC News Archive Listing for International during 2009-01.
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Pope seeks major changes to financial system
 
AP - Pope Benedict XVI challenged world leaders on Thursday to make major changes to the global financial system, saying short-term answers to the financial crisis weren't sufficient.
Euro falls slightly to $1.3910
 
AP - The euro dropped slightly against the dollar in light post-holiday trading Friday, a day after Slovakia became the most recent nation to adopt the common European currency.
Romanian minister discussed drop in Russian gas
 
AP - Romania's economy minister has called a meeting with gas officials after supplies from Russia through a pipeline traversing Ukraine dropped by around a third.
Waterford Wedgwood calls in administrators
 
AP - Waterford Wedgwood PLC said Monday that its U.K. operations are being placed in administration and a receiver has been appointed for its Irish businesses after it failed to secure new financing.
Alan Walters, economic aide to UK's Thatcher, dies
 
AP - Sir Alan Walters, a top economic adviser to former British Prime Minister Margaret Thatcher, has died at age 82.
Billionaire Merckle's businesses get bank help
 
AP - The troubled business empire of German billionaire Adolf Merckle, who threw himself under a train this week in apparent despair over the impact of the financial crisis, has won a bridging loan from banks, his holding company said Wednesday.
Dell to slash Ireland work force, shift to Poland
 
AP - U.S. computer maker Dell Inc. announced Thursday it will slash its Irish work force and shift its European manufacturing operations to Poland in a move certain to undermine Ireland's recession-hit economy.
Renault vehicle sales drop sharply amid crisis
 
AP - France's Renault SA said Friday that vehicle sales fell 28.5 percent in December as the global financial and economic crisis led to a 'brutal' collapse of the market.
Russia lets ruble fall as devaluation continues
 
AP - Russia's Central Bank allowed the ruble to drop sharply against the dollar as the country's long New Year's holiday ended Sunday, resuming a controlled devaluation of the currency that began Nov. 11.
Germany working to finish new stimulus plan
 
AP - Senior members of Chancellor Angela Merkel's coalition are coming together Monday to hammer out the final details of a broad new multibillion-euro economic stimulus package.
EADS says protecting cash is priority amid crisis
 
AP - EADS chief Louis Gallois said Tuesday that his priority during the financial crisis is protecting cash reserves, but that the aerospace and defense group is prepared to help customers struggling to raise money.
EU Commission: economy is getting worse
 
AP - The EU Commission's president warned Wednesday that the European economy is getting worse and that EU leaders should hurry to approve a proposed stimulus program.
ECB seen delivering new rate cut
 
AP - The European Central Bank is expected to cut interest rates again on Thursday amid a persistent drip of increasingly bad economic news from the 16-nation euro zone.
Energy Agency sees oil demand sliding for 2nd year
 
AP - The International Energy Agency is predicting that the worsening global economy will cause a decline in worldwide oil consumption for a second straight year in 2009.
Fresh EU forecasts to shed new light on depth of recession
 
AFP - The EU economy faces a new round of bad news on Monday when the European Commission issues new forecasts against the backdrop of a worsening recession and spiraling public deficits.
Eurozone economy to contract 1.9% in 2009: EU
 
AFP - The economy of the 16 nations using the euro will contract 1.9 percent this year as unemployment surges and government deficits explode in the midst of a severe recession, the European Commission forecast on Monday.
Air France-KLM warns of loss in 3rd quarter
 
AP - Air France-KLM warned Tuesday it was likely to fall to an operating loss for the last three months of 2008, when it said sales were hurt by the global economic turmoil.
2 British mutual banks to merge
 
AP - Two of Britain's largest mutual banks said Wednesday they will merge to form a financial business with 70 billion pounds ($98 billion) in assets and more than 9 million customers.
Euro eases against dollar to $1.3005
 
AP - The euro fell slightly against the U.S. dollar Thursday as traders responded positively to President Obama's first day in office, on hopes he will act aggressively to prop up the world's biggest economy.
Ukraine may later seek changes to Russian gas deal
 
AP - A top presidential aide says Ukraine may later seek changes to a hard-won gas deal with Russia because it hurts the national economy.
Norway to unveil measures to boost banking sector
 
AP - Norway's finance minister said Saturday that the government plans to unveil new measures to strengthen the lending capacity of the country's banks amid the global financial turmoil.
Credit Suisse compensates its Lehman investors
 
AP - Credit Suisse Group said Sunday it has paid around 100 million Swiss francs ($86.7 million) in compensation to 2,000 clients who lost money in collapsed U.S. investment bank Lehman Brothers.
Euro falls against dollar to $1.2899
 
AP - The euro and pound fell against the dollar Monday as worries about European economies continued.
Iceland to appoint new government, prime minister
 
AP - Iceland's president planned to appoint interim leaders to run this island nation Tuesday after the coalition government toppled amid an economic crisis and widespread public dissent.
Germany, Austria support helping
 
AP - The German and Austrian chancellors stressed the importance of helping Eastern European nations weather the global financial crisis, but stopped short of discussing any specific aid measures after talks Wednesday.
French strike causes delays, cuts public services
 
AP - A nationwide strike Thursday by French public and private sector workers fearful about the global economic crisis shut down rail and subway lines, choked public services and left millions of schoolchildren without their teachers across the country.
China, EU join forces to fight economic crisis
 
AFP - China and the European Union set aside past differences Friday and vowed to work together to confront the global economic crisis and climate change.
Protesters rally against Kremlin's economic course
 
AP - Thousands of protesters rallied across Russia on Saturday to criticize the government's economic course and its response to the global financial crisis.

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