Sharp jump in US video game sales

Big drop in US consumer spending
US consumer spending fell 1% in October, the largest decline since September 2001, in a further sign of the economic downturn.

Economy worries hit Gulf shares
Shares in the oil-rich Gulf region fall sharply as investors worry about the impact of the global economic downturn on the region.

IMF in 'severe downturn' warning
The global economic downturn is likely to worsen as the financial crisis continues, says the International Monetary Fund.

US admits economic downturn
US Treasury boss Henry Paulson admits that the US economy is facing a sharp decline.

Commerzbank is part nationalised
Commerzbank, Germany's second biggest bank, is to be partly nationalised, with the government taking a 25% stake.