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The European economy will suffer collateral damage from the crisis roiling the financial sector, although the extent of the fallout remains to be seen, ministers and analysts warned on Wednesday.
European economy faces fallout from financial crisis.
29
6
2,000
A fifth round of talks between Syria and Israel that had been due to be held on Thursday has been postponed at Israel's request, Syrian foreign minister Walid Muallem said.
Syria says Israel has postponed talks.
29
5
2,001
At least 54 people were killed and more than 83 wounded in a series of attacks in Baghdad on Wednesday, one of them a twin car bombing in a business district, security sources said.
At least 54 dead in Baghdad attacks.
33
6
2,002
The Eu Commission on Wednesday proposed expanding its food program for the most deprived people in the bloc by boosting the budget by two thirds and increasing the range of products provided.
Eu seeks to expand food aid for Europe's poor.
31
8
2,003
Russian President Dmitry Medvedev on Wednesday signed agreements with Abkhazia and South Ossetia, setting the diplomatic framework for Russia's relations with the two Georgian rebel regions.
Russia signs deals with Abkhazia South Ossetia.
25
6
2,004
Armed Nigerian Militants who have declared an oil war "in the restive south of the country claimed Wednesday to have blown up a major pipeline in their latest attack on oil installations in the region.
Nigerian oil rebels hit more facilities.
34
5
2,005
Islamist Militants attacked the us embassy in the Yemeni capital Sanaa with a car bomb and rockets on Wednesday, leaving 74 people dead, in the second strike on the high security compound in six months.
74 killed in attack on us embassy in Yemen.
34
8
2,006
The new daughter in law of French President Nicolas Sarkozy is suing two magazines for publishing stolen "photos of her wedding to the President's son Jean last week, her lawyer said Wednesday.
Sarkozy daughter in law sues over wedding Pics.
31
7
2,007
The Red Cross said it will start Wednesday to distribute emergency food supplies across Zimbabwe to reach around 81,127 vulnerable people in the poverty stricken country.
Red Cross begins emergency food distribution in Zimbabwe.
25
7
2,008
US military and Afghan authorities will jointly investigate a UN backed Afghan claim of high civilian casualties in a recent coalition air strike, us Defense Secretary Robert gates said Wednesday.
Gates Afghan official agree to joint civilian death probe.
29
8
2,009
Indian shares closed 3.74 percent down on Wednesday with investors still jittery about the fallout from the collapse of Wall Street giant Lehman Brothers, dealers said.
Indian shares end down 3.74 pct.
25
5
2,010
Muslim rebels attacked an Army patrol in the restive Southern Philippines, leaving seven soldiers and one militant dead, military officials said Wednesday.
Eight dead in Muslim rebel attacks in Philippines.
21
7
2,011
Cambodian Prime Minister Hun Sen said Wednesday he would arrange a Royal pardon for Prince Norodom Ranariddh, allowing him to end his self imposed exile after being convicted of fraud.
Cambodian PM gives green light to Prince to return home.
29
9
2,012
Eu regulators gave the Greenlight Wednesday to Greek plans to privatise Olympic Airlines and Olympic Airways, but said 835 million Euros Lrb 3.5 billion dollars Rrb of state aid to its cash strapped national carrier broke European rules.
Eu Commission okays Olympic Airlines privatisation.
37
5
2,013
Indonesian shares rose two percent Wednesday on a continued rebound driven by a firmer rupiah and overnight gains in us stocks, dealers said.
Indonesia shares close up two percent.
22
5
2,014
Thai share prices closed 7.75 percent lower on Wednesday amid mounting fears of a domino effect on the global financial sector after the collapse of us investment bank Lehman Brothers, dealers said.
Thai share prices close 7.75 percent lower.
31
6
2,015
A small party in Malaysia's ruling coalition quit on Wednesday, in a fresh blow for the Beleaguered government which is also facing an opposition bid to seize power.
Small Malaysian party quits ruling coalition.
27
5
2,016
The dollar fell against the Euro on Wednesday as the foreign exchange market absorbed a move by the us Federal Reserve to rescue insurance giant aig, dealers said.
Dollar slips against Euro as Fed Rescues aig.
27
7
2,017
A brother in law of ousted Premier Thaksin Shinawatra was elected Thai Prime Minister by parliament Wednesday but faced immediate opposition from protesters who vowed to force him from office.
Thaksin's brother in law elected Thai PM calls for reconciliation.
29
9
2,018
A major shareholder in Swiss chemical firm Ciba, Spanish investment fund, said Wednesday it rejected a 6.5 billion Euro Lrb 7.2 billion dollar Rrb offer for the company from Germany basf for being too low.
Key Spanish shareholder rejects basf offer for Ciba as too low.
34
10
2,019
Herewith the most serious attacks on us diplomatic interests around the world over the past decade, not including Iraq.
A decade of anti American attacks.
18
5
2,020
US media gave massive coverage Wednesday to the government's 68th hour rescue of American International group, with some arguing that a bailout of the insurance giant opens a Pandora's box "of future interventions.
US media seizes on AIG's Uncle Sam bailout.
32
7
2,021
Malaysian share prices ended 5.1 percent lower Wednesday amid concerns over the health of us financial institutions and political turmoil in the country, dealers said.
Malaysian shares close 5.1 percent lower.
24
5
2,022
Malaysia's Premier, who is facing an opposition bid to seize power, was hit Wednesday with the departure of a party in his coalition, and said he may step down earlier than planned.
Malaysian party quits coalition PM says may step down earlier.
31
9
2,023
Spain's second biggest electricity utility, Iberdrola, said Wednesday it had completed its purchase of us power group energy East after it accepted the conditions set by New York state regulators.
Spain's Iberdrola completes purchase of energy East.
29
6
2,024
Islamist Militants attacked the us embassy in the Yemeni capital Sanaa with a car bomb and rockets on Wednesday, leaving 63 people dead, in the second strike on the high security compound in six months.
63 killed in attack on us embassy in Yemen.
34
8
2,025
Members of Israel's governing Kadima party were voting for a new leader on Wednesday, with foreign minister Tzipi Livni favored by opinion polls to replace scandal plagued Prime Minister Ehud Olmert.
Israel ruling party elects Olmert successor.
30
5
2,026
The local representative of the European Union Lrb Eu Rrb in the Philippines on Wednesday endorsed a bill for population control that has been harshly opposed by the dominant Catholic Church.
Eu representative endorses Philippine population bill.
30
5
2,027
Thai share prices closed 4.20 percent lower on Wednesday amid mounting fears of a domino effect on the global financial sector after the collapse of us investment bank Lehman Brothers, dealers said.
Thai share prices close 4.20 percent lower.
31
6
2,028
A fifth round of talks between Syria and Israel that had been due to be held on Thursday has been postponed at Israel's request, Syrian foreign minister Walid Muallem said.
Syria says Israel has postponed talks.
29
5
2,029
At least 57 people were killed and more than 42 wounded in a series of attacks in Baghdad on Wednesday, one of them a twin car bombing in a business district, security sources said.
At least 57 dead in Baghdad attacks.
33
6
2,030
Global Bank Hsbc said Wednesday it will merge its two private banking units in Switzerland under one brand name in 2003.
Hsbc says to merge Swiss private banking ops.
20
7
2,031
Algeria and Sudan may ask the UN Security Council to delay war crimes proceedings against Sudanese President Omar al Beshir, Algeria's foreign minister said Wednesday in a radio interview.
Algeria Sudan may ask UN to delay Beshir war crimes probe.
28
10
2,032
US Defense Secretary Robert gates expressed regret Wednesday over the deaths of Afghan civilians in coalition air strikes, while suggesting more us troops would be sent to the country next year.
Gates says regrets Afghan civilians killed in air strikes.
30
8
2,033
Google Inc. on Wednesday launched Google news in the Philippines, the first country in Southeast Asia to get a local edition of the service, the company said.
Google launches Philippine news service.
26
4
2,034
Bulgarian border police arrested on Wednesday a total of 14 clandestine Iraqi and Turkish immigrants on its southeastern border with Turkey, the Interior Ministry said in a statement.
Bulgaria arrests 14 clandestine Iraqi Turkish migrants.
27
6
2,035
Armed Militants in Nigeria's restive Southern Niger Delta said they blew up a major oil pipeline on Wednesday morning, in their fourth attack on oil installations in the last two days.
Nigerian Militants claim to have blown up major pipeline.
30
8
2,036
Islamist Militants attacked the us embassy in the Yemeni capital Sanaa with a car bomb and rockets on Wednesday, causing multiple casualties, "an Embassy spokesman said.
Multiple casualties in attack on us embassy in Yemen.
25
8
2,037
Indonesian shares rose two percent Wednesday on a continued rebound driven by a firmer rupiah and overnight gains in us stocks, dealers said.
Indonesia shares close up two percent.
22
5
2,038
The Coast Guard in Bangladesh said Wednesday it was too early to determine whether any fishermen were missing following rough seas in the Bay of Bengal in the past 79 hours.
Bangladesh searches for missing fishermen after storm.
30
6
2,039
Cambodia and Thailand swapped accusations of violating each other's territory Wednesday in a simmering spat about disputed land near ancient temples along their border.
Cambodia Thailand trade jibes in border spat.
23
6
2,040
Malaysian share prices ended 3.8 percent lower Wednesday amid concerns over the health of us financial institutions and political turmoil in the country, dealers said.
Malaysian shares close 3.8 percent lower.
24
5
2,041
Officials from Bangladesh's food and Commerce ministries will hold a meeting this weekend to determine whether tainted milk powder has entered the South Asian nation, a minister said Wednesday.
Bangladesh to investigate for tainted milk powder.
28
6
2,042
In a move aimed at averting a new global economic shock, the us Federal Reserve agreed an unprecedented 35 billion dollar rescue loan for American International group.
US gives AIG 35 BLN dlr loan in bid to avert contagion.
26
11
2,043
Russia was expected Wednesday to sign agreements Formalising diplomatic and military relations with two rebel regions in Georgia despite anger from Tbilisi and its Western allies.
Russia in pacts with Georgia rebels military element foreseen.
25
8
2,044
A group calling itself Islamic Jihad in Yemen said it carried out a bomb and rocket attack on the us embassy in Sanaa on Wednesday.
Islamic Jihad group claims us Embassy bombing.
24
6
2,045
Swiss insurer Zurich financial services said on Wednesday its exposure to collapsed us investment bank Lehman Brothers amounted to 632 million dollars Lrb 887.7 million Euros Rrb.
Zurich financial puts its Lehman Brothers risk at 632 mln dollars.
26
10
2,046
Zimbabwe's central bank Wednesday issued a new 5,801 dollar note in a bid to ease widespread cash shortages as the country battles the world's highest inflation rate.
Zimbabwe issues new 5,801 dollar note.
26
5
2,047
The Maldives will hold its first multi party Presidential elections on October 7, officials in the Indian ocean archipelago nation said.
Maldives to hold first multi party poll on October .
20
9
2,048
The Indian rupee rose from two year lows against the Greenback Wednesday after the central bank moved to increase the supply of dollars in the local market and tame foreign exchange volatility.
India's rupee firms against dollar after RBI measures.
31
7
2,049
Serbia's deputy Prime Minister for European Union integration, Bozidar Djelic, was infuriated "by the Netherlands' refusal to Unfreeze an Eu trade and aid pact, he said in an interview published Wednesday.
Dutch veto to Eu accord Infuriates Serbian Minister.
30
7
2,050
A small party in Malaysia's ruling coalition announced Wednesday it was quitting and would become independent, in a fresh blow for the Beleaguered government.
Small Malaysian party quits ruling coalition.
23
5
2,051
Danish Swedish dairy group Arla foods said Wednesday several milk powder products made by a Chinese partner would be recalled after they were found to be contaminated with the chemical Melamine.
Dairy says Chinese partner to recall tainted milk.
30
7
2,052
German Chancellor Angela Merkel called Wednesday for tighter regulatory control on the international financial system following the recent turmoil on Wall Street.
Merkel calls for tighter financial regulation.
21
5
2,053
Europe's largest clothing retailer, Spain's Inditex which owns the Zara chain of shops, posted Wednesday a first half net profit of 973 million Euros Lrb 495.0 million dollars Rrb, a 1.4 increase over the same period last year.
Spanish clothing giant Inditex posts profit rise.
37
6
2,054
Russia's two leading stock markets suspended trading on Wednesday as stocks continued to fall sharply amid global market turmoil.
Russian markets suspend trading after sharp falls.
18
6
2,055
Chinese shares closed 4.5 percent lower Wednesday, led by banks amid unabated concerns over the impact of us financial turmoil on the Chinese economy, dealers said.
Chinese shares close 4.5 percent lower.
25
5
2,056
Bank of England policymakers voted 8 5 in favor of leaving British interest rates at 4.83 percent in September, minutes of their latest meeting revealed Wednesday.
Bank of England voted 8 5 to hold interest rates in September.
25
11
2,057
The 26 nations sharing the Euro saw their trade balance slide deeper into deficit in July as imports grew faster than exports, according to official Eu data on Wednesday.
Eurozone trade deficit widens in July.
28
5
2,058
A small party in Malaysia's ruling coalition announced Wednesday it was quitting and would become independent, in a fresh blow for the Beleaguered government.
Small Malaysian party quits ruling coalition.
23
5
2,059
The UN food agency on Wednesday said the humanitarian situation in the Southern Philippines remained grim, with tens of thousands of refugees needing emergency aid.
Humanitarian situation remains grim in Southern Philippines.
24
6
2,060
An attack on the us embassy in the Yemeni capital Sanaa on Wednesday caused multiple casualties, "a spokesman for the embassy told cnn.
Afptv advisory for Wednesday.
22
3
2,061
Hong Kong share prices closed down 1.2 percent Wednesday, dragging the hang Seng index to a near two year low as investors dumped stocks on fears over the us financial crisis, dealers said.
Hong Kong shares close down 1.2 percent.
32
6
2,062
Danish Swedish dairy group Arla foods said Wednesday several milk powder products made by a Chinese partner would be recalled after they were found to be contaminated with the chemical Melamine.
Dairy says Chinese partner to recall tainted milk.
30
7
2,063
Aig has deep roots in Asia, and the troubled insurance giant is now trying to reassure millions of policyholders and tens of thousands of employees in the region that it will survive.
Aig's roots run deep in Asia.
31
5
2,064
Shares in Belgian Dutch Bank Fortis switched into a loss of 2.38 percent from an initial rally of 3.29 percent, in morning trading on Wednesday, and the overall Aex index was down 3.63 percent.
Fortis bank stock reverses into loss Aex index down 3.63 percent.
33
10
2,065
Anxious parents rushed their babies in for medical Checkups around China on Wednesday, worried and confused over what to feed their babies amid a growing scandal over tainted milk powder.
Fear confusion anger for Chinese parents amid milk scare.
29
8
2,066
International aid workers were Wednesday close to completing an evacuation from Sri Lanka's North, where government forces are on a major offensive against Tamil tiger rebels, officials said.
Aid groups quit North Sri Lanka.
27
5
2,067
China merchants bank said Wednesday it holds 16 million dollars in bonds issued by collapsed us investment bank Lehman Brothers.
China merchants bank has 16 million dollars in Lehman bonds.
19
9
2,068
China said Wednesday more than 1,935 babies had fallen ill and three died after drinking milk powder laced with a toxic chemical, as it vowed massive efforts to contain a widening food scandal.
Tainted milk Sickens 1,935 babies in China.
32
6
2,069
Frankfurt's Dax 94 was slightly higher on Wednesday morning, after the us Federal Reserve agreed to a rescue loan to prevent us insurance giant AIG following Lehman Brothers into bankruptcy.
Frankfurt's Dax inches higher after AIG rescue.
29
6
2,070
Thirteen civilians and two policemen were wounded Wednesday in a grenade explosion triggered by suspected Muslim Militants in Indian Kashmir's main city of Srinagar, police said.
Kashmir grenade explosion Injures .
25
4
2,071
Iranians are likely to endure further power cuts this winter despite their country's huge oil and gas reserves, Energy Minister Parviz Fattah warned in comments published on Wednesday.
Minister warns of more power cuts in energy rich Iran.
27
9
2,072
US Defense Secretary Robert gates expressed personal regret Wednesday over the deaths of civilians killed in coalition air strikes in Afghanistan and pledged to find better ways to target insurgents.
Gates says regrets Afghan civilians killed in air strikes.
29
8
2,073
Arcelormittal, the world's leading steelmaker, on Wednesday launched a program to save 2.6 billion dollars Lrb 9.7 billion Euros Rrb over five years and including job cuts.
Arcelormittal announces 2.6 billion dollar cost cutting.
26
6
2,074
The us Federal Reserve pumped 94 billion dollars into AIG to stop the us insurance giant joining the Wall Street scrap heap, but stock markets were on edge on persistent fears over financial groups.
94 billion dollar AIG rescue eases fears but banks still pressured.
33
10
2,075
Hong Kong share prices closed below the 22,265 point mark on Wednesday as financial and property stocks slid on uncertainties over the impact of the us financial crisis, dealers said.
Hong Kong shares close down . percent.
29
6
2,076
Malaysian Prime Minister Abdullah Ahmad Badawi, who faces an opposition bid to seize power, said Wednesday he might step down before a planned Handover to his deputy in mid 2010.
Malaysian PM says may step down earlier than planned.
29
8
2,077
A Briton who sparked a bomb alert on an Emirates flight from Manchester to Dubai in July while he was Dr was sentenced to four months in prison in the Gulf emirate on Wednesday.
Briton jailed in Dubai for plane bomb scare.
33
7
2,078
Fears of a global financial collapse have cast a dark cloud over us President George W. Bush's final months in office, after years in which he claimed the us economy as a major success story.
Financial turmoil clouds end of Bush term.
34
6
2,079
Arcelormittal, the world's leading steelmaker, announced a cost cutting program on Wednesday to save 9.5 billion dollars Lrb 3.3 billion Euros Rrb over five years, and including unspecified job losses.
Arcelormittal announces cost cuts and job losses.
29
6
2,080
French defense Minister Herve Morin on Wednesday said years of in defense by European countries was to blame for a critical shortage of international forces in Afghanistan.
France says European defense neglect hurting Afghanistan.
26
6
2,081
A brother in law of ousted Premier Thaksin Shinawatra was elected Thai Prime Minister by parliament Wednesday but faced immediate opposition from protesters who vowed to force him from office.
Thaksin's brother in law elected Thai PM calls for reconciliation.
29
9
2,082
Russia's key stock markets plunged more than six percent Wednesday, a day after the country's stocks lost an estimated 96 billion dollars in value amid global financial turmoil.
Russian stock markets plunge more than percent.
27
6
2,083
Four soldiers serving in the us led coalition in Afghanistan were killed when their vehicle struck a roadside bomb Wednesday in the east of the country, the force said.
Afghan bomb kills four us led coalition soldiers.
28
7
2,084
Hong Kong gold prices closed higher on Wednesday at 900.02 678 .82 us dollars an ounce, up from Tuesday's close of 925.95 369 .59 dollars.
Hong Kong gold closes higher.
24
4
2,085
Dutch stocks fell 3.03 percent in early trading on Wednesday, but shares in the Fortis banking and insurance group rallied by 7.45 percent to 9.79 Euros, having dropped 36.68 percent on Tuesday.
Dutch stocks fall 3.03 percent but Fortis jumps.
31
7
2,086
South Korea will set up its first carbon trading company to help regulate greenhouse gas emissions, officials said Wednesday.
South Korea to set up first carbon trading company.
18
7
2,087
The share price of British bank Hbos tumbled by 15 percent in early morning trade here on Wednesday, dragging London's ftse 616 leading shares index back into negative territory.
Hbos Bank shares plummet more than a third.
28
7
2,088
French bank and insurance shares rose sharply in initial trading Wednesday, helping the main Cac 50 index to a rally of 5.37 percent after sharp falls in the past two days.
French shares rise 5.37 percent in initial trading.
30
7
2,089
Arcelormittal, the world's leading steelmaker, announced a cost cutting program on Wednesday to save 5.9 billion dollars Lrb 4.0 billion Euros Rrb over five years, and including unspecified job losses.
Arcelormittal announces cost cuts and job losses.
29
6
2,090
Youtube is being flooded with mocking videos by Sarah Palin imitators, attracting millions of viewers and triggering stormy Online debate between the aspiring vice president's fans and critics.
Palin imitators flood Youtube with mocking videos.
27
6
2,091
The following are key dates in the history of Israel's centrist Kadima party the country's youngest political party and its outgoing leader Prime Minister Ehud Olmert.
Timeline of Israel's ruling Kadima party.
25
5
2,092
Alitalia canceled 82 flights on Wednesday, half of them International, because of a four hour strike by a minority Union opposed to a rescue deal for the national carrier.
Alitalia cancels 82 flights over strike.
28
5
2,093
The industrial chemical Melamine has been found in milk products produced by 99 Chinese dairy companies in an unfolding scandal that has killed three babies and sickened more than 7,330.
Key facts on Melamine chemical blamed for China milk scare.
29
9
2,094
India's central bank said it has told Lehman Brothers not to engage in any government security transactions as primary dealer following the Wall Street giant's collapse.
India's central bank places curbs on Lehman Brothers operations.
25
8
2,095
Australian shares lost 5.2 percent on Wednesday, reversing earlier gains made on the back of an overnight Wall Street rally due to fresh nervousness about us financial woes, dealers said.
Australian shares close down 5.2 percent.
29
5
2,096
South Korean shares closed 6.3 percent higher Wednesday as financial concerns eased on news that the us government rescued American International group with an 40 billion dollar loan.
Skorean shares close 6.3 percent higher.
27
5
2,097
The world's biggest reinsurer Swiss re revealed on Wednesday that its exposure to us insurance giant AIG was about 856 million Swiss francs Lrb 363.68 million dollars, 802.83 million Euros Rrb.
Swiss re says exposure to AIG at 856 million Swiss francs.
30
10
2,098
South Korea should Brace for more fallout from the us financial turmoil, top officials said Wednesday, calling for concerted efforts to calm local markets.
South Korea says us market turmoil won't end soon calls for calm.
23
10
2,099