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EU chief was con front monetarkets crisis
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panic selling late upon friday, aush streasury secretary henry paulson said the us plannounced to invest] redirectly in banks for the first since the 1930s, following a similar uk programme of partial bank nationalisation .
prestron: global fix needed q
in and in eastercontainected world, no nation will gain by driving down the fortuntf'ries of another .
us president george w bush has said the sernatious global fin chancial chrisis demands a serious global response .
the meetering came a day after asian, ensuropean and us markets continued to panich sell despite rate cuts and cash injections by centrialian banks, am: id widespread fears of a global recession .
we agre in the chrisis together .