Rescue bids and rate cuts see mixed response from markets
Interest rate cuts around the world and a colossal £500bn bank rescue package from the British government failed to restore confidence in the stock market last night. Although European and US markets
initially reacted well they later fell, unconvinced that the rate cut by seven central banks including the US... [continued]
The next sub-prime mortgage crisis 
The Business Pages: all the latest on the financial crisis
Public millions at risk in Iceland
More than 20 local councils in England and Wales face losing hundreds of millions of pounds due to the financial turmoil in Iceland. Conservative councillors have found that at least £160m of council
funds is tied up in accounts with Landsbanki, Iceland's second-biggest bank which collapsed this week.... [continued]
The next sub-prime mortgage crisis
All the latest from the business pages on the financial crisis
Russia pulls troops out of Georgia
Russian forces are to pull out of the buffer zones surrounding Georgia's rebel regions at midnight tonight, two days ahead of the Friday deadline. Soldiers spent yesterday packing up Russia's bases
near the Abkhaz frontier, rolling up razor wire and washing clothes in preparation for the withdrawal. It is... [continued]
The Big Book: a delicate dance with the Russian bear
Abkhazians celebrate Georgian humiliation
In pictures: Five days in Georgia
ANC split looks likely
A break-up of South Africa's ruling African National Congress seem inevitable after allies of the toppled president Thabo Mbeki accused the new party leadership under Jacob Zuma betraying the ANC's
internal democracy. Former defence minister Mosiuoa Lekota said yesterday he was "serving divorce papers" on the Zuma leadership.... [continued]
Zimbabwe Today: exclusive reports from Moses Moyo
Islamabad police HQ attacked
A car bomb attack on the police headquarters in the Pakistani capital Islamabad this morning has injured at least seven people. The suicide bomber managed to drive into the Police Lines complex
before detonating their bomb inside an office of the anti-terrorist squad. Police officials said that initial reports... [continued]
In pictures: Islamabad bomb blast
Al-Qaeda is losing but the West isn't winning
Thai court drops treason charges
Thailand's appeals court has dropped treason charges against nine leaders of anti-government protests. The court threw out insurrection charges against the group, saying they were groundless. However
arrest warrants for lesser charges remain in place, with seven of the nine protest leaders from the People's Alliance for Democracy still at... [continued]
People: Thaksin uses footballers as political pawns
