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Home>>Opinion
16:50 Oct 10 2008
Financial crisis brings EU to test
The U.S. financial crisis has been spreading rapidly to and is now looming over Europe, and People's Daily desk editors Xu Buqing and Peng Min conferred on this issue with three PD overseas resident reporters: Li Yongqun in Belgium, Liu Huaxin in Germany and Wang Rujun in Britain.
The Treasury's $ 700 billion rescue is a double-edged sword
The week-long debate has so far been settled, as the U.S banking –system bailout plan, involving $700 billion to buy up troubled mortgage investments and urged by the U.S Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, has finally gained the congressional approval in the week gone by.
Video: NGO plays a big role in China quake relief
Ms. Liu Hui, communication officer of the 'Strengthening Volunteerism for Development through the Beijing Olympics', a UN-China cooperative project. She is one of the two UNV volunteers selected by the Beijing Youth League to join the medical relief team to Mianyang, Sichuan, the most seriously affected area in the earthquake measuring 8.0 Richter scale.
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  Report by Tang Yong, Washington-based correspondent of People's Daily.

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