Oct 15 European Leaders Call for Summit to Overal Global Financial System By Admin, PBS News Hour As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system. Continue reading
Oct 13 Watch World Leaders Pledge Aid to Curb Global Financial Turmoil As global markets try to steady themselves amid an economic crisis, world leaders pledged to pump billions of dollars into U.S. and European economies to allay the problems. A panel of financial experts discuss the move. Continue watching
Oct 13 U.S., European Stocks Soar in Response to Government Rescue Plans By Admin, PBS News Hour Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets. Continue reading
Oct 07 Watch Weak Collective Action Threatens Global Credit Crisis The U.S. financial meltdown has become a globalized crisis, spreading to Europe and emerging markets. The managing director of the International Monetary Fund explains the importance of restoring confidence among banks and consumers, coordinating efforts among countries and the IMF's… Continue watching
Oct 06 Watch Bailout Fails to Stem Credit Fears in Financial Markets Despite the approval of a sweeping $700 billion bailout bill on Capitol Hill, the downward march of the financial sector continued Monday as major world and U.S. markets plummeted. Continue watching
Aug 14 Watch Debate Abounds on Russia’s Ambitions in Georgia Conflict Defense chief Robert Gates warned Russia Thursday to curb its military actions in Georgia while Moscow affirmed its support for the separatist enclaves there. Two analysts examine why Russia has engaged in the conflict. Continue watching
Aug 11 Georgia-Russia Crisis Deepens, Diplomats Rush to Urge Cease-fire By Admin, PBS News Hour Russian troops continued to push into separatist regions of Georgia on Monday and Georgian forces reportedly renewed some shelling of South Ossetia as violence continued to rage between the neighboring countries over the breakaway provinces. Continue reading
Jun 23 European Union Imposes New Sanctions on Iran By Admin, PBS News Hour European Union nations agreed on Monday to impose new sanctions against Iran, including an assets freeze of the country's biggest bank, which is suspected of providing services to Iran's nuclear and ballistic missile programs. Continue reading
Jun 16 Britain, E.U. to Tighten Sanctions Against Iran By PBS News Hour Britain will freeze assets of Iran's largest bank in a new move to discourage the country from developing nuclear weapons, Prime Minister Gordon Brown said Monday as President Bush continued his farewell trip to Europe with a visit to London. Continue reading
Jun 09 President Bush Visits Europe with Afghanistan, Iran on Agenda By PBS News Hour President Bush departed for Europe Monday to ask leaders for more help in Afghanistan and more pressure on Iran. His first stop was in Slovenia for the last U.S.-European Union summit of his presidency. Continue reading