Global Financial Crisis

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Financial Crisis - Full Coverage

World Bank warns of wobble ahead for global economy

ISTANBUL (AFP) - The global economy is on unsteady legs, the World Bank warned on Friday, saying that 2010 would be "a highly uncertain economic year" as other signals took the gloss off talk of a quick recovery.

October 2, 2009, 9:03 pm
  • IMF raises world growth forecast, remains cautious

    ISTANBUL (AFP) - The International Monetary Fund raised growth forecasts for most economies on Thursday as the global economy pulls out of a steep nosedive, but warned recovery faces stiff headwinds.

    October 1, 2009, 5:07 pm
  • China faces 'big' uncertainties: World Bank chief

    WASHINGTON (AFP) - China faces major uncertainties even though it rebounded strongly from the latest financial crisis aided by its huge treasure chest, World Bank President Robert Zoellick said on Monday.

    September 29, 2009, 10:09 am
  • Dollar up against euro after ECB chief's support call

    NEW YORK (AFP) - The US dollar rose Monday against the euro, helped in part by the European central bank chief Jean-Claude Trichet's support for a strong greenback, traders said.

    September 29, 2009, 9:21 am
  • Frankfurt stocks rise after Merkel win

    LONDON (AFP) - Europe's main stock markets diverged on Monday with Frankfurt rising after Angela Merkel was re-elected German chancellor, while London and Paris both fell.

    September 28, 2009, 9:21 pm
  • Signs of life stir Zimbabwe's stock market

    HARARE (AFP) - Zimbabwe's moribund economy is slowly stirring, with signs of life in once-shuttered businesses helping to revive a stock market that was closed amid scandal last year, analysts said.

    September 27, 2009, 3:52 pm
  • Bharti-MTN talks could go into overtime: analysts

    NEW DELHI (AFP) - Talks between India's top mobile firm Bharti and South Africa's flagship cellular group MTN may have to be extended due to new hurdles in their bid to create a telecoms giant, analysts say.

    September 27, 2009, 2:53 pm
  • Belgian banks seek millions from Lehman bankruptcy: report

    BRUSSELS (AFP) - Belgian creditors of failed Wall Street investment bank Lehman Brothers have demanded some 700 million dollars (480 million euros) from its administrator, local news media reported Saturday.

    September 27, 2009, 5:16 am
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