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World

Petraeus seeking broad support for U.S. strategy

WASHINGTON (Reuters) - Even before he takes command of U.S. military strategy for Afghanistan and Pakistan, Gen. David Petraeus is reaching beyond the military sphere to encourage international support for stabilizing the region.

Business

Meltdown: Small nations struggle as big nations recover

KIEV, Ukraine (AP) - While the world's economic giants may have averted financial collapse through rescue plans and huge infusions of cash, some smaller countries like Ukraine seem to have stumbled with little help on the horizon.

World

UN's Ban urges more protection amid financial crisis

UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon said on Monday that more needed to be done to protect ordinary people from the impact of the global financial crisis and criticized the

Business

Latin America lenders grant US$9.3b in crisis aid

WASHINGTON (AP) - Three Latin American lenders pledged Monday to supply $9.3 billion in emergency aid to help countries across the region ease cash-supply problems amid the global credit crisis.

Business

Japan has money for any troubled global financials

Japan stands ready to offer money to any needed effort to inject capital into crumbling financial institutions around the world, the finance minister said Tuesday.

Business

Paulson calls for global cooperation on crisis

WASHINGTON (AP) - Treasury Secretary Henry Paulson called for coordinated, international steps to deal with the global financial crisis, warning a meeting of the world's financial leaders that isolation and protectionism could deepen problems.

Business

IMF recommendations

THE International Monerary Fund managing director, Dominique Strauss-Kahn, told European finance ministers that the global financial system had undergone unprecedented turmoil in the last few months, and the situation had worsened considerably since spring.

Business

G7 pledges to battle financial crisis

Finance officials from the world's top economic powers pledged Friday to take all action necessary to stem the worst financial crisis in more than half a century.

Business

Markets stampede lower; global finance chiefs meet

WASHINGTON (AP) - Stock markets plummeted still lower on Wall Street and around the world Friday despite all efforts to slow the selling stampede.

Letters

Be open on plans to counter current crisis

A letter from TAN SIR RAMON NAVARATNAM,President, TI - M