Iceland reaches deal to pay British, Dutch clients of failed bank
Reykjavik - Icelands government on Sunday agreed to reimburse British and Dutch depositors of failed internet bank Icesave. The agreement with the British and Dutch governments and other EU countries clears the way for the troubled Atlantic island n...

[ Published on : Sun, 16 Nov 2008 05:45 ]

Brown urges increase in IMF resources to halt financial contagion
London - British Prime Minister Gordon Brown Tuesday called for an increase in funding of the International Monetary Fund (IMF) to cut the risk of financial contagion and said China and oil-rich Gulf states should make the bulk of the contributions...

[ Published on : Wed, 29 Oct 2008 06:32 ]