Global finance crisis overshadows francophone summit (AFP)

AFP - The global finance crisis is to overshadow a summit of some 30 French-speaking nations Friday to Sunday in Quebec City, and Canada-EU trade talks on its sidelines, say organizers. Read more…

Euro slides below $1.39 (AFP)

11.09.2008 13:45 Business

LONDON (AFP) - The euro on Thursday slid below 1.39 dollars for the first time in a year on heightened concerns about the weak European economy, dealers said.

The dollar also benefited from weaker oil prices and a rebound for US financial shares, they added.

The euro dropped to 1.3897 dollars in early London trading, the lowest level since September 18, 2007.

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