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USA UK and Malta News
03/02/2009 - 19:33

UK & USA Today Editoweb 3 february 2009

More snow on the way, UK warned - Britain's Big Freeze continues to grip - Darling says has not closed door on bad bank .



UK & USA Today Editoweb 3 february 2009
More snow on the way, UK warned

Britain has been warned that more snow is on the way as the roads began to clear after the weather brought much of the country to a standstill.

Britain's Big Freeze continues to grip

Britain's Big Freeze continues to grip parts of the country with forecasters predicting more heavy snowfalls for later in the week.

Darling says has not closed door on bad bank

The government has not closed the door on setting up a bad bank to ring-fence toxic assets because the government has to keep all options open to get the banking system working, Chancellor Alistair Darling said on Tuesday.

Millions Off Work And Schools Shut

About five million people have taken the day off work because of the severe weather - while and thousands of schools remain closed.

No decision taken on Prince William's Falklands mission

The government said Tuesday that no decision had been taken on whether to deploy Prince William to the Falkland Islands, after a report that he will be sent there sparked an angry Argentinian response.

Argentina upset at Prince William's deployment to Falklands

Prince William's military deployment to the Falkland Islands has reignited the festering issue of the archipelago's sovereignty, Argentina said Monday.

Harry's Ex Chelsy Gets London Job

Chelsy Davy is set to stay in Britain despite splitting from Prince Harry after accepting a job with a law firm in London.

Prince Charles visits Nepalese Gurkhas' families

Prince Charles paid a visit Wednesday to the families of Nepalese Gurkha soldiers whose relatives are away fighting the Taliban in Afghanistan.

Queen escaped Australian train assassination plo

Queen Elizabeth II escaped possible assassination in Australia nearly 40 years ago when plotters tried to derail her train in mountains near Sydney, a retired detective has claimed.

Pending home sales rebound

Pending sales of existing U.S. homes rebounded in December, data showed on Tuesday, as buyers waded back into the market to take advantage of lower prices and mortgage interest rates.

Ford January sales tumble 42 percent

Ford Motor Co. said Tuesday its January US sales plunged 42.1 percent from a year ago amid deepening troubles for the auto industry and a brutal economic downturn.

US Federal Reserve extends crisis measures six months

The US Federal Reserve on Tuesday extended by six months several joint facilities designed to inject liquidity into the global financial system, saying markets remained strained.

Stocks rise following rebound in home sales

Encouraging news on housing and corporate earnings helped Wall Street set aside some of its angst about the economy Tuesday. Stocks were moderately higher.

Wall Street buoyed by home sales, Merck

Stocks rose on Tuesday as a surprise rise in December pending home sales tempered worries about the economy, while unexpectedly strong earnings posted by drugmaker Merck relieved a gloomy quarterly results season.

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