New York, Oct 6 (DPA) Stock markets around the world plunged Monday as investors worried that government bailouts for sick banks were failing to cure a crisis that threatens to infect global trade and industry too.

In early trading in New York, the Dow Jones Index was off 3.2 per cent, slipping below 10,000 for the first time in four years. London’s FTSE 100 was off 6.8 percent at 4641 and Germany’s DAX lost 5.1 percent to 5503 in a new Black Monday.

Islamabad, Oct 4 (DPA) Pakistani security officials said Saturday at least half a dozen Al Qaeda fighters were among more than 20 people killed in US missile strikes in Pakistan’s tribal region.

Washington, Oct 4 (DPA) The US House of Representatives approved a revised financial rescue plan Friday that paved the way for the largest government intervention in capital markets in the history of the country.

Washington, Oct 3 (DPA) US stocks rallied for the first time in three days as the US House of Representatives began debate Friday on a new version of the finance rescue plan that the White House says is desperately needed.

New York, Sep 28 (IANS) Even as lawmakers laboured to break the impasse on Bush administration’s $700 billion plan to rescue giant Wall Street firms to solve the financial crisis, the bailout has spontaneously inspired street protests in the US and outrage gone viral across the web.

Islamabad, Sep 19 (IANS) The International Monetary Fund (IMF) has asked Pakistan to raise its tax collection target of Rs.1,250 billion ($16 billion) during the current fiscal, but no figure has been specified.

Moscow, Sep 19 (RIA Novosti) A series of bankruptcies that have hit some leading air carriers and tour operators in the past month suggest that a serious crisis is brewing in global civilian aviation. Over the last six months about three dozen strong players have stopped or suspended operations. Among them are Russia’s AiRUnion, Britain’s XL Airways UK and Italy’s Alitalia.

Washington, Sep 19 (DPA) In a country that prides itself on free market principles, US taxpayers’ money is already on the hook for more than $300 billion in financial industry bailouts, and, by some accounts, the government is just getting started.