U.S., European Officials Scramble To Calm Financial Anxiety -- Washington Post
Top economic officials from around the world scrambled Sunday to contain the fallout from an unprecedented downgrade of the U.S. credit rating and a serious worsening of Europe’s economy.
Treasury Secretary Timothy F. Geithner and Federal Reserve Chairman Ben S. Bernanke joined counterparts from six of the world’s largest economies in an emergency conference call Sunday evening to discuss how world markets would respond to the Standard & Poor’s downgrade and the escalating European debt crisis. Afterward the officials released a statement pledging to support financial stability.
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MIDDLE EAST
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ASIA
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AFRICA
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EUROPE
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ECONOMY/FINANCE/BUSINESS
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