Wall Street Journal (World News)

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World News
Updated: 43 min 29 sec ago

A Crash Heard Around the World

2 hours 13 min ago
Investors have raced from corners of the globe they used to favor, trying to flee -- and yet feeding -- a dramatic slowdown in world-wide economic growth.

China Grapples With Response to Global Crisis

2 hours 52 min ago
China's top leaders said the nation's main goal is to keep its economic house in order, pushing for "healthy and rapid" growth despite troubles elsewhere.

Gulf Countries Unveil Measures to Back Banks

3 hours 43 min ago
The United Arab Emirates said it would guarantee domestic bank deposits and, with Saudi Arabia, promised fresh financial support to domestic banks.

Canada's Conservatives Set to Gain Seats

4 hours 37 sec ago
Prime Minister Stephen Harper's Conservative Party appears likely to pick up seats and may even achieve his goal of winning a parliamentary majority.

Europe's Insurers Face Pressure

4 hours 51 min ago
While European insurers have held up well against the financial crisis, analysts worry that steep losses could cause insurers to need emergency cash.

Candidates Divide on Korea Deal

5 hours 6 min ago
Obama's and McCain's positions on the new disarmament agreement with North Korea highlight the different approaches that each presidential candidate might take to international affairs, if he were elected.

Hong Kong Sets Plan to Bolster Its Banks

5 hours 8 min ago
Hong Kong officials said they are ready to deploy cash from the territory's Exchange Fund to help banks weather the credit crisis.

U.S., Iraq Near Pact on Troop Presence

5 hours 15 min ago
The U.S. and Iraq are close to agreeing on a final draft of a security agreement that includes a compromise on legal jurisdiction over American soldiers.

Reality Reaches Latin America

5 hours 17 min ago
Latin American leaders have proclaimed their region safe from the financial crisis, but economists now see commodity-price declines taking a heavy toll.

North Korea Says It Will Dismantle Nuclear-Arms Site

9 hours 38 min ago
North Korea said it would resume tearing apart its Yongbyon nuclear complex, a day after the U.S. announced it was removing Pyongyang from a terrorism blacklist.

North Korea Taken Off U.S. Terror List

Sat, 10/11/2008 - 21:02
North Korea has agreed to all U.S. nuclear inspection demands. The development allowed the Bush administration to remove the country from a terrorism blacklist.

Icelanders Look Back to Sea Amid Crisis

Fri, 10/10/2008 - 18:48
Icelanders are returning to fishing after the global financial crisis ruined the country's swollen banks.

U.S. Near Changing Stance on North Korea

Fri, 10/10/2008 - 18:46
The White House hopes to remove North Korea from its terrorism-sponsor list in a bid to kick-start nuclear talks.

Europe Credit-Card Theft Probed

Fri, 10/10/2008 - 16:46
A credit-card fraud ring funneled account data to Pakistan from hundreds of grocery-store card machines across Europe.

NATO Agrees on Afghan Drug Role

Fri, 10/10/2008 - 16:45
NATO authorized military strikes against the Afghan drug industry amid evidence heroin is funding the Taliban.

Global Action Needed, Says World Bank

Fri, 10/10/2008 - 16:42
The world economy is on "the cusp of a global recession," but nations can deal with the crisis by acting together, the IMF's Strauss-Kahn said on the eve of this weekend's World Bank and IMF meetings.

Dubai's Heavy Debt Load Stirs Concern

Fri, 10/10/2008 - 16:21
The global credit crisis is forcing a new look at Dubai's mounting international debt load and its ability to fund its ambitious growth strategy.

Swiss Ethicists Ponder Plants' Rights

Fri, 10/10/2008 - 14:30
Switzerland requires that geneticists conduct their research without trampling on a plant's dignity.

China Focuses on Plight of Farmers

Thu, 10/09/2008 - 19:55
China's leaders began an annual policy-setting meeting, turning their attention to the economic issues facing the nation's 730 million farmers.

Hungarian Bond Market Breaks Down

Thu, 10/09/2008 - 19:20
Hungary's bond market froze for the second time this year, a sign that investors are fleeing emerging markets with vulnerable economies.

Breaking News

Zimbabwe: Inflation Rockets to 231-Million Percent

All Africa - Fri, 10/10/2008 - 08:24
Zimbabwe's annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month, deepening a severe economic crisis, official figures showed on Thursday.

Africa: Going Bananas to Fight Poverty And Hunger

All Africa - Fri, 10/10/2008 - 07:30
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.

Global Markets Dive in Relentless Selloff

International Herald Tribune - Fri, 10/10/2008 - 06:48
Global investors looked to leaders meeting in Washington for coordinated action to end the financial turmoil on Friday as stocks plummeted again around the world.

The Stunning Collapse of Iceland

Business Week - Fri, 10/10/2008 - 06:30
Home to just 304,000 people, tiny Iceland is emerging as the biggest casualty of the global financial crisis.

Don't Cut Aid to Africa, AU Head Pleads to World

The Epoch Times - Fri, 10/10/2008 - 11:44
The chairman of the African Union urged the world not to slow aid to the world's poorest continent. Experts say that while Africa is relatively insulated from the global credit crisis, there could well be a negative effect on investment, remittances and aid flows from abroad.

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