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Wednesday, 8 January, 2003, 13:14 GMT

ECONOMIC IMPACT

LATEST NEWS
US tightens 'terror cash' laws
The Senate passes a law to toughen rules against money-laundering, as the authorities seek ways to clamp down on terrorist funds.

US retail sales plunge

Swiss Re withdraws 'misleading' memo

UK consumer confidence falls

Opec keeps oil production steady

US joblessness at nine year high

Will Bush's asset freeze work?

Afghanistan currency strengthens

Following the money trail

MARKETS
Stock markets rally
Share prices in the United States and Europe post strong gains, recovering some of last week's hefty losses.

Oil prices sink to year low

City watchdog moves to calm market

Stocks slashed as panic hits

Investors seek safe havens

Pakistani traders wary

Bin Laden 'share gains' probe

Solemn traders return to Wall Street

Wall Street mourns lost colleagues

Disaster planning saves Wall Street

New York: Global financial centre

GLOBAL ECONOMY
Business gurus warn of US recession
A key survey warns of worsening economic conditions, after US consumer confidence takes its biggest plunge in a decade.

US petrol prices slump

Analysis: Greenspan's generous policy

Sanctions boost for Pakistan economy

New York's new real estate boom

European economy healthier than feared

US slump could be 'steep but short'

What is the future for skyscrapers?

Greenspan assesses the damage

Top US policymakers say 'wait'

Tourism shaken to the core

Attacks scuttle business deals

Afghan economy fights for survival

Financial pain spirals to new sectors

US and ECB cut rates to stem panic

UK ECONOMY
UK economic growth revised upwards
The British economy grows slightly faster than previously thought, after improvements in services and construction.

CBI criticises recession talk

Terror attacks 'will hit house prices'

Falling stocks spell danger for borrowers

UK growth 'to fall sharply'

Terrorist toll on the UK economy

Terrorist finance under scrutiny

UK shares hit four-year low

UK rates cut to 1960s levels

What now for tourism?

AIRLINES IN CRISIS
Airlines mull security costs
European airlines are facing an uncertain future, not least because the extent of government help in meeting new security measures is still not known.

Airlines rush for government help

Airlines receive $15bn aid boost

Budget airlines cut fares

UK airlines 'will continue flying'

Northwest Airlines cuts 10,000 jobs

British Airways cuts 7,000 jobs

Airlines slash thousands of jobs

Airbus freezes expansion plans

Q&A: The outlook for Europe's airlines

Turmoil threatens superjumbo orders

INSURANCE CLAIMS
Attacks to cost Lloyd's £1.3bn
Lloyd's of London, the world's biggest insurance market, has said the terrorist attacks on the US will cost it an estimated £1.3bn.

Reinsurer warns of rising premiums

Insurance bill mounts further

Insurance victory for stranded travellers

Insurance costs 'incalculable'


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