October 27, 2008
Belgium pumps 3.5 billion euros into KBC bank
KBC became the latest Belgian bank to get its capital shored up by the Belgian state which pumped 3.5 billion euros into the group on Monday after a share slump.
Israel heads towards early election (AFP via Yahoo! UK & Ireland News)
Israel is set to hold snap elections early next year after the leader of the biggest party failed to form a coalition, with political rivals already setting the tone for a campaign likely to focus on peace talks with the Palestinians.
Israeli president clears the way for snap election (AFP via Yahoo! UK & Ireland News)
Israeli President Shimon Peres said on Monday that efforts to form a new government had failed, paving the way for snap elections that could turn on the future of the Middle East peace process.
