
Taxpayers around the world still face potentially large losses because governments have failed to act quickly enough to remove toxic assets from the balance sheets of key banks, the world’s leading central bankers warn today.
Despite months of co-ordinated action around the globe to stabilise the banking system, hidden perils still lurk in the world’s financial [...]

JERUSALEM — New details emerged Sunday about Israeli plans to expand Jewish settler enclaves, as Israeli Defense Minister Ehud Barak prepared to head to Washington to ease friction with the Obama administration over settlement construction.
The Yediot Ahronot newspaper reported that Barak will propose freezing new construction for three months while allowing the completion of late-stage [...]

A century after colonial body snatchers robbed the burial grounds of the Aborigines, British-held remains are finally being repatriated. But how does it feel to find the bones of your revered ancestors in the dusty archives of a Scottish museum?
When Tom Trevorrow was growing up on the banks of the River Murray in South Australia, [...]
June 28, 2009 | Posted in
Australia,
Culture |
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Russia is considering a banking bail-out that will go further than measures taken by the US, as fears grow that bad loans could paralyse the economy.
Igor Shuvalov, deputy prime minister, will consider taking stakes in troubled banks when a group of experts on the crisis meets on Friday to discuss ways to recapitalise the country’s [...]