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| Traders work on the floor of the New York Stock Exchange. REUTERS |
| |
Share prices in Europe and the
United States have soared
after European governments
announced sweeping new
measures to shore up ailing
banks. The Dow in New York has
risen more than 11-percent. In
Germany and France, stocks
ended more than eleven percent
up. Britain's leading share
index was up by more than
8-percent. The rebound came
after a number of euro-zone
countries, including Germany,
France and Spain, said they
would give hundreds of
billions of dollars of fresh
loans to restore confidence in
the international financial
system. |
