| Share prices in Europe and the
United States have soared
after European governments
announced sweeping new
measures to shore up ailing
banks. The Dow has closed more
than 11-percent up in an
unprecedented rise for one
session. In Germany and
France, stock markets also
ended more than 11-percent.
Britain's leading share index
closed up 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.
|
