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Recent for 10/22/08

  • IMF Offers $6bn Package To Pakistan · The International Monetary Fund offered Pakistan $6 billion to help stabilize the country's economy. Pakistan has not accepted the rescue package, which is said to be unpopular with the Pakistani public. (Pakistan Dawn)
  • Markets Roiled In Europe And Asia, Nikkei Falls 6.8% · Asian and European stocks declined sharply Wednesday as global financial institutions continued deleveraging and European currencies fell to their lowest points against the dollar in years. The Nikkei 225 stock average plunged 6.8% after three days of gains as the yen surged. (NYT)