The travails of a young company in Moscow offer a glimpse into the toll that the global financial crisis is taking on the budding entrepreneurial culture in Russia.

An export slowdown that has been magnified by the global financial crisis is contributing to the shutdown of factories in China’s coastal regions.

The loss in Iceland after its economic crash goes beyond the personal, shattering a proud country’s sense of itself.

Faced with a possible global recession and weakening demand for Chinese exports, the challenge now is to prevent the financial crisis from derailing the country’s economic miracle.

India’s fast-clip economy is now beginning to show signs of a slowdown, in turn tamping the country’s newfound predilection to spend.

Prime Minister Gordon Brown of Britain and Jean-Claude Trichet, the president of the European Central Bank, have both warned about the dangers of a new oil shock.

The highly-regarded but unprofitable French daily Le Monde is looking at laying off almost a quarter of its staff, a move likened to cutting off a limb to save a life.