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Oil drops near 6 percent on slumping demand

Oil drops near 6 percent on slumping demand

NEW YORK (Reuters) - Oil fell nearly 6 percent on Monday as further indicators of falling demand linked to a potential recession offset OPEC plans to reign in output.  Full Story  
3 November 2008, 23:07 | Reuters
European Union draws up letter to new U.S. leader

European Union draws up letter to new U.S. leader

MARSEILLE, France (Reuters) - The European Union has prepared a letter for the next U.S. president, seeking more involvement for the 27-nation EU in resolving world problems, French Foreign Minister Bernard Kouchner said on Monday.  Full Story   3 November 2008, 22:46
How Obama went from longshot to favorite

How Obama went from longshot to favorite

JACKSONVILLE, Fla. (Reuters) - Barack Obama's bid for the U.S. presidency was a longshot when he announced it to great fanfare on the steps of the Illinois capitol on a freezing day in February 2007.  Full Story  
3 November 2008, 22:07 | Reuters
Recession rears ugly head, global auto sales shrink

Recession rears ugly head, global auto sales shrink

NEW YORK, Nov 3 (Reuters) - Corporate results and outlooks worsened on Monday, and automotive companies from Japan to Italy to Detroit said October sales were the weakest in about 20 years as economies continued to weaken and consumer credit, and available cash, dried up.  Full Story   3 November 2008, 21:33
Moldova president denied entry to separatist region

Moldova president denied entry to separatist region

CHISINAU, Nov 3 (Reuters) - Moldova's President Vladimir Voronin was turned away on Monday from the country's separatist region on the orders of self-styled president of Transdniestria, Igor Smirnov, further dampening reconciliation hopes.  Full Story  
3 November 2008, 16:38 | Reuters
World closely watching U.S. presidential elections

World closely watching U.S. presidential elections

JAKARTA, Indonesia (AP) _ When Sri Murtiningsi asked her third grade class what they wanted to be when they grew up, the answers ranged from doctors to a pilot. One curly haired boy raised his hand: Barack Obama said his dream was to be president of the United States.  Full Story  
3 November 2008, 15:29 | Associated Press
European banks suffer, recession a reality

European banks suffer, recession a reality

LONDON, Nov 3 (Reuters) - Profits evaporated at top European banks on Monday and authorities worldwide pressed on with efforts to temper a recession that policymakers said had become reality for much of the globe.  Full Story  
3 November 2008, 15:20 | Reuters
EU warns of euro zone recession in 2009

EU warns of euro zone recession in 2009

BRUSSELS, Belgium (AP) - The European Commission is forecasting that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1 percent as the financial crisis hits hard.  Full Story  
3 November 2008, 15:06 | Associated Press
PFTS opens up on moderate trading

PFTS opens up on moderate trading

The PFTS started the week up on fairly active trading, Tiger Asset Management reports.  Full Story  
3 November 2008, 12:55 | Elena Plekhanova, Kyiv Post Staff writer
Pumpkins glow at anti-American protest in Moscow

Pumpkins glow at anti-American protest in Moscow

MOSCOW (AP) - About 15,000 members of a pro-Kremlin youth group have staged an anti-American protest near the U.S. Embassy in Moscow.  Full Story  
3 November 2008, 12:45 | Associated Press

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