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• Cruise Europe affordably
... off-ship dining and shopping are priorities, times when the dollar is stronger against the euro are more advantageous. There's one caveat, however: make sure you cruise with a line that charges onboard expenses in the American dollar (Europe- and U.K ...
• Paulson pins crisis on failures of regulation
Since Oct. 9, 2007, when the Dow high topped 14,000, investors have lost $8.3 trillion from pension funds, college savings plans, 401(k)s and other investments. Crude oil fell almost $4 a barrel to $70.63. “The market is just very worried about a ...
• U.K. bails out three major banks
LONDON - The British government said Monday it would provide up to $63 billion to boost the balance sheets of three of Britain’s largest banks but demanded in return the departure of some of the country’s top bankers. “The action we are taking ...
• U.K. House of Lords rejects detention plan
LONDON - Britain's House of Lords rejected a controversial plan to extend the amount of time police can hold terror suspects without charge from 28 to 42 days and the government said it would abandon the proposal. The 309-118 vote came after an ...
• U.K. threatens to sue Iceland to protect savers
Oct. 8: The government of Iceland has taken over two of the top three banks, has a falling currency and no one can track the actual inflation rate. CNBC's Steve Sedgwick reports. REYKJAVIK, Iceland - Britain added to the financial chaos engulfing ...