AFP - World powers vowed to keep a united front to solve the financial crisis as the IMF warned that the global system was on the brink of meltdown ahead of new European crisis talks in Paris on Sunday.
Reuters - Rich nations rushed to shore up the global financial system after the International Monetary Fund warned of meltdown, with Australia and New Zealand guaranteeing bank deposits and newspapers reporting plans for Britain's biggest retail bank rescue.
Salmond in £1bn Westminster plea
Alex Salmond is to press the UK Government for £1bn to help save the Scottish economy from recession.
Australia to guarantee bank deposits
Australian Prime Minister Kevin Rudd said Sunday that his government will guarantee all deposits in the country's banks and financial institutions for the next three years.
Afghan battles kill more than 100 militants
Two separate battles that militants fought with Afghan and NATO troops in southern Afghanistan over the weekend left at least 100 insurgents dead, authorities said Sunday.
UPDATE 2-UK to launch 35 bln pound banking rescue - paper
(Adds banks declining comment, stock exchange spokesman quote) LONDON, Oct 12 (Reuters) - Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35
European leaders to meet in Paris
The Taoiseach will travel to Paris later today for an emergency meeting of leaders from the 15 countries that use the euro. The meeting is being held at the request of Spain. According to French reports, the leaders may be asked to back a plan to invest
Leaders meet for Paris crisis talks
European leaders are meeting in Paris to discuss measures to prevent market panic from triggering the most severe global downturn in decades. The Group of Seven industrialised nations launched a plan to try to stabilise markets on Saturday but the group
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Brown urging Europe to follow lead
Gordon Brown is to today urge EU leaders to copy Britain's blueprint for tackling global financial turmoil. At a crunch summit in Paris, the Prime Minister will insist that co-ordinated international action along the lines of his £500bn bank bail-out is
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