It is another nervous day on the trading floors in Europe as various European banks dropped interest rates again. The move is designed to address fears that Europe could get caught up in a deep and difficult recession, spanning all of 2009. Presiden...
A European tour group taken hostage by gunmen in southern Egypt 10 days ago has been released. As Derek Kilner reports from VOA's East Africa bureau in Nairobi, the 11 European tourists, along with eight Egyptian drivers and guides, are thought to b...
Major European stock indexes dropped for a second day amid worries about the fallout of the Lehman Brothers investment bank collapse in the United States. For VOA, Tom Rivers in London reports. A man reaches out for a copy of an evening newspaper wi...
European shares extend their rally into a third day Thursday. For VOA, Tom Rivers in London has details. Encouraged by the U.S. Federal Reserve half a percentage point interest rate cut, European markets, as in Asia, have picked up some lost ground...
Taking their lead from Asia, the European markets are kicking off the week in another gloomy mood. Meanwhile, Britain's prime minister has been defending his plans to increase government borrowing in an effort to combat the economic downturn. For VO...
Asian and European leaders meeting in the Chinese capital, Beijing, say current efforts to resolve the global financial crisis are not enough and that further cooperation is needed. Daniel Schearf reports from Beijing. ASEM delegation members during...
Asian and European leaders are meeting in the Chinese capital to discuss ways to increase confidence in world markets. Chinese President Hu Jintao has said uncertainties and instability are increasing in China's economy as a result of the global fin...
Asian and European leaders are arriving in Beijing to discuss ways to deal with the global financial crisis. Europe wants support from China and other Asian giants on the crisis, as well as on climate change and sustainable development. Daniel Schea...
Major European markets opened moderately higher, following the lead of Asian markets that posted solid gains. For VOA, Tom Rivers in London has details. German stock trader makes phone call in Frankfurt European markets posted modest increases as in...
French President Nicolas Sarkozy and European Commission chief Jose Manuel Barroso meet Saturday with President Bush in a bid for a global overhaul of the world's financial structure. From Paris, Lisa Bryant reports that Washington may be less enthu...