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Old 14th October 2008, 12:51 AM   #1

Username: RSS News User
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Default Europe moves to quell financial firestorm (AFP)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20081013/bs_afp/financebankingworld"><img src="http://d.yimg.com/us.yimg.com/p/afp/20081013/capt.cps.nwp85.131008152302.photo06.photo.default-512x318.jpg?x=130&y=80&q=85&sig=YTt5w3TOPE6k_50xwu xaPQ--" align="left" height="80" width="130" alt="A selection of British newspapers report on the 37 billion pound (47 billion euros, 64 billion dollar) investment in Royal Bank of Scotland, HBoS and Lloyds TSB. The Lodon Stock Exchange welcomed the bailout and the FTSE 100 was up 4.84 percent in midday trade.(AFP/Alessandro Abbonizio)" border="0" /></a>AFP - European governments launched a multi-pronged attack to combat the financial crisis on Monday, approving hundreds of billions of dollars in loans and buying into banks in a move to end panic on the markets.</p><br clear="all"/>

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