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Since the US takeover of mortgage giants Fannie Mae and Freddie Mac on September 7 and the collapse of Lehman Brothers and Merrill Lynch a week later sparked panic around the world, European governments have propped up their own banking systems in a largely uncoordinated scramble.
Here is a chronology of their responses:
September...
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In March 2007, European Union leaders agreed to cut the bloc's emissions of the greenhouse gas carbon dioxide (CO2) to 20 per cent below 1990 levels by 2020.
In January the EU's executive, the European Commission, proposed laws aimed at making EU members achieve that target.
The main planks of the proposal were to make major...
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Austrian far-right politician Joerg Haider was drunk - with a blood-alcohol content almost four times the legal limit when he died in a car crash last Saturday, Stefan Petzner, his successor as head of the Alliance for the Future of Austria, said Wednesday.
Haider was driving at 142 kilometres per hour, more than double the speed...
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Business Tech & Science
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 Apple launched on Tuesday lighter aluminum MacBooks with
faster graphics and better display. The aluminum casing was introduced for the
first time in the cheapest MacBook line. The most important part of the new
MacBooks is the non-crippled video system. The laptop will perform better
graphically in leaps and bounds. Also, Apple has...
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 NASA engineers say that they know how to fix the Hubble telescope,
which had an abrupt failure two weeks ago, causing the National Space
Administration firm to lose about $10 million a month. This comes from the delay of the Hubble upgrade mission that
should have taken place in October. A router that formats
data and helps relay it...
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 It was really necessary to see how using the internet
affects the human brain. Researchers from UCLA showed that searching on Google
triggers a key center for decision-making and complex reasoning in the brain,
leading to possible improvements in brain function. Dr. Gary Small, a professor
at the Semel Institute for Neuroscience and...
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Entertainment
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 It has been reported that 50-year-old Madonna will divorce her husband, film director Guy Ritchie. The rumors about the two splitting up started since the end of June, but they denied them. Madonna and Guy have been together for eight years and will soon announce their divorce. In July, Madonna’s publicist stated that the two have no...
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 Colin Callender, HBO Films President, announced on Tuesday that he intends to leave the big company after 20 years of making HBO one of the most important film networks. Callender added that he wants to start on with a new entertainment company. At HBO, he was the executive responsible for the channel’s ambitions, sophisticated and the...
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 “CSI: Crime Scene Investigation” has brought CBS network 23.5 million people in front of their TV last week. This was the sitcom’s season premiere and it seems that CBS got itself a nice No. 1 place among all the big networks. In addition, this was the prime-time show to attract more than 20 million viewers, as Nielsen Media Research...
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Sports
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Holder David Nalbandian had to fight past stubborn opponent Tomas Berdych at the Madrid Masters on Wednesday while American qualifier Robby Ginepri stunned fifth seed Nikolay Davydenko.
Argentine seventh seed Nalbandian was playing his first match since lifting the Stockholm title at the weekend in a rampaging start to an indoor...
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Joachim Loew should renew his contract as Germany coach beyond the 2010 World Cup, team manager Oliver Bierhoff said.
"I would wish for that. Consistency like in the days of Sepp Herberger and Helmut Schoen would be good for the team, and for the DFB (German football federation) as well," Bierhoff told Wednesday's edition of...
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Raymond Domenech will remain France coach and is to lead the team to the 2010 World Cup, the French football federation FFF said on Wednesday.
The FFF president Jean-Pierre Escalettes said after a board meeting that Domenech can fulfil his contract until 2010.
Domenech came under fire after France's first-round exit at Euro 2008...
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Health
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The number of U.S. citizens with high blood
pressure is increasing, mainly due to growing rates of obesity, researchers at
the National Heart, Lung and Blood Institute said.
The findings were based on a study conducted by collecting
data from an estimated 30,000 people who participated in the National Nealth
and Nutrition...
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 Who would’ve thought that alcohol intake is linked directly to brain volume?
That the size of the brain decreases by roughly 2 percent per decade, and that
drinkers’ brains may shrink more rapidly?
Well, this is what researchers from Wellesley
College in Wellesley, Massachusetts
claim, based on the results of a study they had...
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 It seems that Vitamin B supplements don't slow cognitive
decline in patients suffering from mild to moderate Alzheimer's disease,
according to a new study published in the Oct. 15 issue of The Journal of the
American Medical Association.
Researchers who studied the vitamin B said patients with
Alzheimer’s, the most common form...
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