By Helena Spongenberg EU Observer September 17, 2007 French foreign minister Bernard Kouchner has said the world should prepare for the worst when it comes to the Iranian nuclear programme, including war. “We have to prepare for the worst…and the worst is war,” he said in an interview broadcast on national television and radio on […]
By Eric Pfanner International Herald Tribune September 14, 2007 LONDON: A bailout of a big British mortgage bank caused shudders among account-holders and investors alike Friday, opening a new phase in the global financial turmoil that emanated from a shakeout in the U.S. home lending business, analysts said… more
By Louis Charbonneau and Francois Murphy Reuters September 14, 2007 BERLIN/PARIS (Reuters) – A split has emerged in the coalition of Western powers pressuring Iran to freeze its nuclear enrichment program, as France backs U.S. calls for a new round of sanctions while Germany urges restraint… more
Report by BBC News September 12, 2007 Russian President Vladimir Putin has accepted the resignation of PM Mikhail Fradkov and nominated Victor Zubkov, head of the federal financial monitoring service, to replace him. Putin is barred by Russia’s constitution from running for a third term as president in elections in March, but whoever becomes the […]
By Javier Blas and Ed Crooks in Vienna Financial Times September 11, 2007 The Organization of the Petroleum Exporting Countries agreed to increase production for the first time in nearly two years following a spike in oil prices amidst recent financial market turmoil… more