Yahoo! News: Europe News

EU eyes raising guarantee on private saving (AP) Posted: 07 Oct 2008 04:39 AM CDT AP - An emergency meeting of European Union finance ministers debated raising guarantees for private savings across the 27-nation bloc on Tuesday in an attempt at a coordinated response to the global financial crisis.

Official: German Cabinet extends Afghan mission (AP) Posted: 07 Oct 2008 04:38 AM CDT AP - A German official says Chancellor Angela Merkel's Cabinet has decided to extend the country's military mission in Afghanistan.

UK banks in government funding talks (Reuters) Posted: 07 Oct 2008 04:25 AM CDT Reuters - The British government held talks with major banks on Monday evening at which the possibility of an injection of public money was discussed, according to a source familiar with the talks.

Gates: US to remain in Kosovo through late 2009 (AP) Posted: 07 Oct 2008 04:20 AM CDT AP - The United States will continue its troop presence in Kosovo until at least late next year, Defense Secretary Robert Gates said just before he arrived here Tuesday, reaffirming U.S. support for the newly declared nation in the face of stern opposition from Russia.

Govt mulls extending bank guarantee (AFP) Posted: 07 Oct 2008 04:16 AM CDT AFP - The government has vowed to do "whatever is needed" to keep its financial system stable, including the possibility of extending a guarantee on bank deposits, but has resisted pressure for more unilateral action.

New Belgian, French bosses at troubled Dexia bank (AFP) Posted: 07 Oct 2008 03:55 AM CDT AFP - The board of troubled French-Belgian bank Dexia elected a former Belgian premier as chairman Tuesday and named a BNP Paribas manager CEO, on the back of a major bail-out package.

Key by-election set for Nov 6: Brown (AFP) Posted: 07 Oct 2008 03:54 AM CDT AFP - Prime Minister Gordon Brown has said that a key by-election in Scotland would be held on November 6.

RBS shares tumble by a third (AFP) Posted: 07 Oct 2008 03:49 AM CDT AFP - Royal Bank of Scotland shares dived by a third on Tuesday, accelerating its losses as Britain's second biggest bank was hit by fresh concerns about the global financial crisis, dealers said.

Iceland FSA issues statement on Landsbanki takeover (Reuters) Posted: 07 Oct 2008 03:40 AM CDT Reuters - Iceland's market authority said on Tuesday it would take control of Landsbanki , the island's second largest bank by value.

London shares slide back into the red (AFP) Posted: 07 Oct 2008 03:33 AM CDT AFP - The London stock market sank back into the red on Tuesday, wiping out earlier gains with heavy falls among the troubled banking sector, dealers said.

Dark matter, new planets could bring physics Nobel (AP) Posted: 07 Oct 2008 02:33 AM CDT AP - Scientists who have pursued dark matter, hunted for undiscovered planets and advanced nanotechnology were being touted Monday as candidates for the 2008 Nobel Prize in physics.

Recent winners of the Nobel Prize in physics (AP) Posted: 07 Oct 2008 02:16 AM CDT AP - Recent winners of the Nobel Prize in physics, and their research, according to the Nobel Foundation:

UN chief wants new look at UN Georgia mission (AP) Posted: 06 Oct 2008 08:02 PM CDT AP - The U.N. mission monitoring a cease-fire between Georgia and the separatist Abkhazia region should be extended for four months to explore whether to continue U.N. involvement following the Georgian-Russian war, the U.N. chief said Monday.

Bad connection caused atom smasher shutdown (AP) Posted: 06 Oct 2008 04:41 PM CDT AP - A bad electrical connection likely caused the malfunction that sidelined the world's largest atom smasher days after it was launched with great fanfare, a senior scientist said Monday.

Israel's Olmert brings security concerns to Russia (AP) Posted: 06 Oct 2008 03:42 PM CDT AP - Israeli Prime Minister Ehud Olmert came to Moscow on Monday aiming to focus on Russian arms sales to Israel's enemies at meetings Russia hopes will bolster its image as a Middle East peacemaker.

Major gunrunning and graft trial opens in Paris (AP) Posted: 06 Oct 2008 02:39 PM CDT AP - The son of a former French president, an Israeli-Russian billionaire and a tycoon with ties to Arizona's jet set were among the headliners Monday as 42 defendants went on trial in Paris, accused in a worldwide web of trafficked arms to Angola, money laundering and kickbacks.

European rights group weighs Russia-Georgia crisis (AP) Posted: 06 Oct 2008 01:17 PM CDT AP - Russia and Georgia could be suspended from Europe's top human rights body unless the two countries uphold their obligations to prevent abuses in the aftermath of their short but fierce war, the group's head said Monday.

Rabbi at Vatican meeting condemns Iran president (AP) Posted: 06 Oct 2008 01:16 PM CDT AP - A top rabbi addressing a worldwide meeting of Roman Catholic bishops at the Vatican on Monday condemned the Iranian president's verbal attacks on Israel.

Karadzic wants access to evidence on alleged deal (AP) Posted: 06 Oct 2008 12:29 PM CDT AP - Former Bosnian Serb leader Radovan Karadzic wants U.N. war crimes prosecutors to turn over any evidence they have about an alleged deal he cut to avoid prosecution, saying he wants to use it in a motion to have his indictment dismissed.

Swiss charge 10 in mafia cigarette smuggling case (AP) Posted: 06 Oct 2008 12:14 PM CDT AP - Switzerland's top prosecutor charged 10 people with laundering more than $1 billion dollars during a decade-long mafia cigarette smuggling operation, Swiss authorities said Monday.

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