OPEC Ends Meeting With No Plan to Prop Up Prices

With demand plunging, members of the oil cartel are struggling to maintain unity.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/12/01/business/worldbusiness/01opec.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/12/01/business/worldbusiness/01opec.html” border=”0″//a/span

China’s President Cites Threat of Global Slowdown

President Hu Jintao warned that China could lose its competitive edge as trade growth slows amid the global financial crisis.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/12/01/business/worldbusiness/01china.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/12/01/business/worldbusiness/01china.html” border=”0″//a/span

OPEC, Struggling to Move in Concert, Considers Cutting Output

Faced with plunging oil prices and shrinking revenues, OPEC suggested they might lower production for the third time this year.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/30/business/worldbusiness/30opec.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/30/business/worldbusiness/30opec.html” border=”0″//a/span

Violence Clouds India’s Economic Future

The terrorist siege is likely to threaten India’s already murky economic future and thwart plans to transform the city into a regional financial center, economists said.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/world/asia/29impact.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/world/asia/29impact.html” border=”0″//a/span

Inflation Falls in Europe; Big Rate Cut Seems Likely

The European Central Bank is expected to make its largest-ever interest rate cut next week.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29euro.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29euro.html” border=”0″//a/span

Fears That a Weakened British Pound May Grow Weaker

Some in Britain fear that the government’s plan to borrow and spend to counter the current recession may lead to a run on the pound.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29pound.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29pound.html” border=”0″//a/span

Europe Accuses Drug Makers of Padding Health Care Costs

The European Union accused drug companies of adding billions of dollars to health care costs by delaying or blocking the sale of less-expensive generic medicines.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29drugs.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29drugs.html” border=”0″//a/span

Britain Hopes to Lure Shoppers With Weak Pound

Compared to last year, the British pound has dropped substantially, with retailers hoping to lure American tourists while also enticing Britons to shop at home.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29shop.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29shop.html” border=”0″//a/span

U.K. Takes Majority Stake in RBS

The British government took control of Royal Bank of Scotland after investors shunned the bank’s share sale.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29rbs.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/11/29/business/worldbusiness/29rbs.html” border=”0″//a/span