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Civilian law-enforcement officials from the EU, the U.S. and other countries will try to bolster shaky police, courts and customs systems.

Economics Housing: Home sales slumped to a new 30-year low between September and November. Agents sold an average of 10.6 houses in England and Wales in the three months to the end of November &md...

Alan Joyce says BA's pension fund liabilities, the split in the merger ratio, and the current economic environment are all hurdles to any deal

Terra Industries Inc., which makes nitrogen for fertilizer and industrial uses, said Monday an ammonia production plant in Billingham, England, has been idled in response to the global economic slowdown and reduced demand for...

News ) - A top House Democrat threatened Monday to tie up the remaining half of the $700 billion financial industry rescue money unless the Bush administration provides some of it for borrowers facing...

5/12/08 Homesgofast.com News London-Major European banks cut interest rates in a major attempt to stave off the effects of a worsening economic situation across the continent. The Swedish central bank and the Bank of England both cut their key interest rates to 2 percent, following on the heels of New Zealand’s cut in interest rates. The European Central Bank lowered its benchmark interest rate by three-quarters of a point to 2.5 percent, the largest reduction in the bank’s history.

(CEP News) - European Central Bank President Jean-Claude Trichet said that money markets face considerable challenges.

There is a growing consensus that Rick Wagoner needs to be ousted as chief executive of General Motors. That may be the price of at least $15 billion in federal aid that may come for the automakers this week. Senator Christopher Dodd of Connecticut said on Face the Nation on Sunday that Wagoner would have to "move on." "If you're really going to restructure this, you've got to bring in a new team to do this," he said.The president-elect, Barack Obama, appeared to support that view on Meet the Press, calling for an end to "the head-in-the-sand approach to the auto industry."Replacing Wagoner now won't solve anything immediately. But it would be a powerful signal that the company will need to make radical changes in order to survive. In any case, he has been at the helm far too long. For eight years he has presided over a deep deterioration of the company's business and a plunge in its stock price. The obvious inside candidate would be G.M.'s president and c

By Thomas Ferraro and John CrawleyWASHINGTON (Reuters UK) - The White House and congressional Democrats were expected to finalise on Monday a $15 billion (10 billion pound) proposal to bail out automakers, a plan that will carry stiff conditions to sell the package to lawmakers.The legislation will face its most...

CHARLESTON, W.Va. -- Norm Steenstra&os;s budgeting worries mount with each new load of cardboard, aluminum cans and plastics jugs dumped at West Virginia&os;s largest county recycling center. Faced with a dramatic slump in the recycling market, the ...