governments

The European Commission says it wants EU governments to jointly combat the mounting economic slowdown with measures costing about 200 billion euros (US$256.22 billion).

The European Commission urged the 27 EU governments Friday to boost public spending and provide tax breaks to help industry overcome the accelerating economic slowdown that has already pushed several countries into a recession.

Governments around the world are stepping up efforts to prop up growth and cushion the impact of the financial crisis through various intervention mechanisms.

It's ironic in many ways that UK firms are asking for more help with IT security. The link is here but that's the basics of it - Brits aren't happy with what the Government is doing to prevent Cybercrime, particularly in the business world.

Well, OK, there's always more to be done and I'm sure Governments on both sides of the pond would like to see the Cybercriminals go away.

Only...I do wonder whether we could all stop blaming IT and start looking at the people using it. For example, as has been well-publicised over the last week, the UK's online tax return system is suspended.

This isn't...

South Korea announced a $10.9 billion stimulus package, the latest in a string of steps by governments seeking to prop up growth and cushion the impact of the financial crisis.

The European Commission on Friday asked EU governments to approve a 6.5 billion euro ($8.5 billion) loan to Hungary announced earlier this week and to more than double a special crisis fund to help any other EU nations in financial trouble.

Most Asian stock markets recovered Monday after last week's historic sell-off as governments in Europe and beyond intensified efforts to stabilize the world's troubled financial system.

Most Asian stock markets recovered in early trading Monday after last week's historic sell-off as governments around the world intensified efforts to boost the ailing financial system.

The governments of France, Belgium and Luxembourg announced Thursday they will give struggling lender Dexia SA a yearlong bank guarantee.

Governments should forge a coordinated response to the financial crisis, an International Monetary Fund report released on Tuesday said.