<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081104/bs_nm/us_financial6"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081104/2008_11_04t002435_450x290_us_financial6.jpg?x=130& y=83&q=85&sig=gHwVU7IDqd..ifkSjdI0CA--" align="left" height="83" width="130" alt="People arrive at the Reserve Bank of Australia building in central Sydney November 4, 2008. (Daniel Munoz/Reuters)" border="0" /></a>Reuters - Australia slashed interest rates on Tuesday, presaging cuts expected in Europe later this week in the face of mounting evidence that the global financial crisis has already pushed much of the world into a damaging recession.</p><br clear="all"/>

View the entire article: Australia cuts rates as world recession gloom builds
(Reuters)