Asia eyes key stake in new global financial system (AFP via Yahoo! UK & Ireland News)

October 26, 2008

Asia eyes key stake in new global financial system

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Asian leaders will find the first global summit on the current financial turmoil a perfect venue to demand a key stake for the region in any new international financial system, experts say.

Israeli election seen after Livni calls off talks
Israeli Foreign Minister Tzipi Livni called off her efforts to form a new governing coalition on Saturday and will recommend holding an early parliamentary election after a key party backed out of talks, officials said.

CORRECTED-Asia and Europe close ranks to ease financial crisis
Asian and European leaders closed ranks on Saturday to try to bolster confidence among investors who fear that a global credit crunch has ushered in a deep and damaging world recession.

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