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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Europe

Europe stories: 184 news summaries

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Asia, Europe Want Financial Reform Now

Beijing steps up as leaders craft plans to manage economies

Oct 25, 08 6:15 PM CDT
(Newser) - Asian and European world leaders joined forces today to call for stricter regulation of world financial markets and a shakeup of the monetary system, the Washington Post reports. The declarations marked the close of a 2-day summit in Beijing attended by more than 40 heads of state. Bailouts in the... More »

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China • Europe • Nicolas Sarkozy • Asia • financial markets • IMF • Wen Jiabao • regulation • George W. Bush

ANALYSIS

In Financial Crisis, Europe Leads the Way (for a Change)

Investment in banks proved better strategy than mortgage bailout

Oct 19, 08 8:08 AM CDT
(Newser) - The US has long considered Europe to be the economic equivalent of a doddering old uncle, but this week it was oldster leading whippersnapper America by the hand through the most serious crisis since the Depression. Europe, seeing the need for a sturdier fix than the mortgage-bailout Band-aid Washington proposed,... More »

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European Union • Europe • Gordon Brown • investment • bailout • banks • financial crisis • financial meltdown

UK Props Up Major Banks; Fed Offers Cash

Moves to shore up financial system have global markets rising

Oct 13, 08 7:08 AM CDT
(Newser) - Governments across the globe are acting with “an enormous amount of congruence” and speed as they pour billions of dollars into rescue plans hoping to keep a sinking banking system afloat, reports the Wall Street Journal. The British government today provided $60 billion to prop up 3 banks, and... More »

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Europe • Nicolas Sarkozy • Federal Reserve • Gordon Brown • Royal Bank of Scotland • credit crisis • bailout • HBOS • financial crisis • Lloyds TSB

Euro Leaders Hope to Emerge With Crisis Action Plan Today

Europe scrambles to shore up banks

Oct 12, 08 8:40 AM CDT
(Newser) - European leaders hoped to emerge today from a meeting in Paris with a detailed unified action plan to address the continuing worldwide economic crisis, Reuters reports. Banks continued to hold emergency talks today with officials in the British government, which is about to purchase major equity stakes in the nation's... More »

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European Union • Europe • Paris • crisis • euro • credit crisis • economic plans • financial crisis



 Medvedev 
 Calls for 
 Anti-US 
 Alliance 

Tries to drive wedge between Europe and America

Oct 9, 08 9:54 AM CDT
(Newser) - Dmitry Medvedev was in France today, mending bridges with Europe while laying the world’s problems—economic and otherwise—at America’s feet, the Telegraph reports. Medvedev blamed US “economic egotism” for the financial breakdown, and accused it of reviving its Russian containment policy and reigniting the Cold... More »

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Russia • Europe • Nicolas Sarkozy • France • Dmitry Medvedev

 The Crisis Dwarfs $700B 

A US-centric band aid can't quell global markets as confidence plunges

Oct 7, 08 10:18 AM CDT
(Newser) - As the financial crisis continues to grow, the $700 billion bailout passed by Congress last week may be too little too late, the Washington Post reports. The plan may not begin relieving banks of toxic assets for another month, and, meanwhile, the crisis has gone global, making $700 billion seem... More »

MORE ABOUT:
Ben Bernanke • World Bank • Europe • Henry Paulson • Chinese economy • bailout • bank failure • economy • financial crisis

 Europe 
 Scrambles 
 to Save Banks 

Governments rescue troubled institutions, pledge to back deposits

Oct 6, 08 6:31 AM CDT
(Newser) - Barely a day after rejecting the need for a massive unified rescue plan, European leaders are wading into two substantial bailouts and vowing to save banks, Bloomberg reports. France’s BNP Paribas will take over Fortis in Belgium and Luxembourg, while Germany’s government and banks bail out Hypo Real... More »

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Germany • Europe • France • Italy • Ireland • Asian markets • credit crisis • Britain • financial crisis

Europe Agrees to Take It One Financial Crisis at a Time

Sarkozy's hopes dashed amid other leaders' opposition

Oct 5, 08 10:53 AM CDT
(Newser) - Leaders of Europe’s four biggest economies did not settle on a unified plan for tackling the financial crisis, the Washington Post reports. Instead, each country will deal with banking problems as they crop up. While France’s Nicolas Sarkozy hoped for a Europe-wide plan, British and German leaders were... More »

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Germany • European Union • Europe • Nicolas Sarkozy • France • Italy • Britain • bank regulation • financial crisis

 Half of Europe's Frog
Species May Croak

Habitat loss, climate change, disease likely to wipe out amphibian species

Sep 26, 08 3:49 AM CDT
(Newser) - Half of all of Europe's amphibian species could be doomed to extinction within the next few decades, scientists warn. Habitat loss and climate change are already wiping out huge numbers of frogs, toads, newts and salamanders, the Independent reports. The situation has been exacerbated by a skin disease that has... More »

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climate change • endangered species • Europe • wildlife • extinction • frogs • salamanders • amphibians • Zoological Society of London


NY Lehman Crew Gets $2.5B
Bonus Pool

European workers, unsure of salaries, furious at payout

Sep 23, 08 9:00 AM CDT
(Newser) - Some 10,000 New York Lehman Brothers employees will share bonus pay of $2.5 billion, sparking anger among the investment bank’s European workers and critics of unfair compensation in the imploding finance arena, the Independent reports. The money was arranged before Lehman declared bankruptcy. Lehman’s British staff,... More »

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London • Europe • New York • Barclays • bankruptcy • salary • Lehman Brothers • bonuses • financial crisis

 US Takes Early Ryder Lead 

Americans haven't had a strong opening since 1991

Sep 19, 08 1:32 PM CDT
(AP) - For the first time since 1991, American golfers lead the Ryder Cup at the end of the opening session. The US is up 3-1 on the Europeans after the morning matches. Justin Leonard and Hunter Mahan claimed the first point for the US, Phil Mickelson and Anthony Kim rallied to... More »

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golf • European Union • Europe • United States • Ryder Cup

OPINION

 Reject Obama 
 and World Will Revolt 

A McCain victory would be a clear message to the globe

Sep 10, 08 1:48 PM CDT
(Newser) - Electing John McCain would be a little like giving the rest of the world the finger, writes Guardian columnist Jonathan Freedland. Judging from international polls, “if the free world could choose its leader, it would be Barack Obama,” he writes. And if the US rejects... More »

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Barack Obama • Berlin • Europe

EU Won't Put Ukraine on Membership Fast Track

Amid worries over Russian ambition, Sarkozy acknowledges 'European destiny'

Sep 9, 08 3:30 PM CDT
(Newser) - Ukraine’s president left a summit with European Union leaders today without a firm promise of EU membership, the Guardian reports. While French President Nicolas Sarkozy offered Victor Yushchenko an “association agreement” and affirmed Europe’s commitment to Ukraine’s territorial rights, dissent from Germany, Italy and the Netherlands... More »

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Eastern Europe • European Union • Europe • Nicolas Sarkozy • Moscow • Ukraine • Viktor Yushchenko

MARKETS

 Stocks Rally Strong on
 Fannie, Freddie Takeover 

Europe, Japan, US futures see market surge

Sep 8, 08 4:29 AM CDT
(Newser) - European and Japanese stocks saw their biggest surge since January and US futures climbed amid news of the Treasury Department’s plan to take charge of Fannie Mae and Freddie Mac, Bloomberg reports. Europe's UBS AG, pounded by subprime losses, and Japan’s Mizuho Financial Group, its biggest bank by... More »

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stock market • Japan • Europe • Henry Paulson • futures market • Freddie Mac • Fannie Mae • conservatorship • bailout • financial crisis

 EU Snubs Talks on
New Russia Pact

Retaliation for invasion of Georgia

Sep 2, 08 3:19 AM CDT
(Newser) - Europe has backed out of talks on a new partnership agreement with Russia in the wake of the invasion of Georgia, the BBC reports.  The decision followed an emergency European summit in Brussels. The commission president said Europe could not continue with negotiations "as if nothing had happened.... More »

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NATO • European Union • Europe • Georgia • Jose Manuel Barroso • Dmitry Medvedev • European Commission • Abkhazia • South Ossetia

OPINION

Seeing Red Over Russia, US May Cozy Up to China

Beijing may draw closer to DC: FT

Aug 28, 08 2:23 PM CDT
(Newser) - Moscow may physically stand in between Beijing and Washington, but Russia’s aggressive behavior could bring the US and China closer together, Geoff Dyer argues in the Financial Times. The Kremlin’s interference in Georgia has Washington seething, and “a low-level confrontation in Georgia that pits Russia against... More »

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China • Russia • Europe • United States • Beijing • Mikheil Saakashvili • independence movement • George W. Bush • Abkhazia • South Ossetia

 10 Missing
 in Mont Blanc
 Avalanche

Helicopters, rescuers seeking survivors

Aug 24, 08 8:44 AM CDT
(Newser) - Ten climbers are missing after an avalanche early this morning sheered off a snow slope on the north face of Mont Blanc, Europe's highest mountain. Helicopters, dogs, and rescue workers were searching today for survivors, which included Swiss and Austrian climbers. Eight people injured in the avalanche were being treated... More »

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Europe • Mont Blanc • avalanche • mountain • mountain climber

 How France Fell for Le Big Mac

McDonald's French operation is company's 2nd most profitable

Aug 19, 08 11:59 AM CDT
(Newser) - After the US, what country has the most profitable McDonald's franchises in the world? The surprising answer: it's France, home of the Michelin Guide and the three-hour lunch. The London Times travels to Paris to discover how the French have begun to adopt Anglo-American eating practices, abandoning the leisurely midday... More »

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McDonald's • Europe • France • fast food • Paris • fast food industry • lunch

 Octopus Has How Many Legs?
 Guess Again

New research shows denizens of the deep show specialization, and handedness

Aug 14, 08 8:26 PM CDT
(Newser) - Octopuses may not be eight-legged creatures after all, new research suggests. They do indeed have eight limbs, but some function more like arms, AFP reports. It breaks down like this: the front two are the most nimble and armlike, and are used for exploration; the back two are used mostly... More »

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evolution • Europe • scientific study • animal • octopus • tentacle • handedness

 Russians Cut Georgia in Half

Georgian civilians flee from warplanes

Aug 11, 08 5:08 PM CDT
(AP) - Russian forces seized several towns and a military base deep in western Georgia today and captured the main east-west highway near Gori, effectively cutting the country in half, Georgia's president said. Fighting also raged around Tskhinvali, the capital of the separatist province of South Ossetia. Russian warplanes launched new air... More »

MORE ABOUT:
Russia • Europe • Georgia • South Ossetia • Gori

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