Emergency rate cuts
The Bank of England and other central banks cut interest rates to stem financial market turmoil. Full Article | Video
Global impact
The worst financial crisis since the 1930s is becoming reality for millions around the globe. Full Article
2012 Olympic village faces big shortfall
LONDON (Reuters) - London 2012 Olympic chiefs said on Wednesday they face a 250 million pound shortfall in funding for the athletes village as the impact of the world economic crisis begins to bite into the project. Full Article
Russian troops out of Georgia buffer zones
KARALETI, Georgia (Reuters) - Russia pulled back its troops on Wednesday from buffer zones it set up on Georgian territory during a summer war, but Georgia demanded it take further steps before a deadline of Friday. Full Article
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Russia pulls back
Russian troops begin pulling back from a buffer zone outside Georgia's breakaway region of South Ossetia.