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Most European markets opened to small gains Tuesday, before wavering between green and red. By noon, London's FTSE 100 was down 1.2%, Paris' CAC was up 0.35 %, and Frankfurt's DAX was virtually flat.

Author: /time Magazine | Title: Asian and European Markets Calmer, but More Chaos Ahead | 3/3/2009 | See Source »

Overnight futures trading suggested that Wall Street would open to less bearish trading than the sell-off that fueled its 4.24% loss Monday. But observers warned against looking to daily, weekly, or even monthly market activity for signs of where they or the stocks traded on them are headed. The...

Author: /time Magazine | Title: Asian and European Markets Calmer, but More Chaos Ahead | 3/3/2009 | See Source »

Even before Wall Street's opening slump of 1.66%, prices on European exchanges suffered serious erosion, with London's FTSE 100 down 4.2%, Paris' CAC 40 by 3.6%, and Frankfurt's Dax index 2.8%. The trio closed Monday trading with losses of 5.33%, 4.48%, and 3.48% respectively. The European shrinkage...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

Ignoring those contradictions might be acceptable in furtherance of the simple moral goal of helping thousands of people in need - or more cynically, in pursuit of the p.r. win that might come from being seen to do so. But much of the money pledged at Sharm el-Sheikh may never...

Author: /time Magazine | Title: For Obama, Helping Gaza Is Harder Than It Looks | 3/2/2009 | See Source »

USAID says it committed $600 million after the Paris donors' conference, including $300 million in budget support to the Palestinian Authority and $184.7 million in refugee assistance. Other countries, especially the Arab donors, did not follow through on their pledges. With $6 billion in undelivered pledges, the Sharm el-Sheikh...

Author: /time Magazine | Title: For Obama, Helping Gaza Is Harder Than It Looks | 3/2/2009 | See Source »

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