Leading Economies Hold Conference Call on Markets - 8 News NOW

Leading Economies Hold Conference Call on Markets

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  • Las Vegas NewsLas Vegas News

  • Monday, May 20 2013 1:45 PM EDT2013-05-20 17:45:33 GMT
    LAS VEGAS -- An anonymous tip led to the arrest of the two suspects in the murder of a Las Vegas teen during an attempted robbery of his iPad. Michael Solid, 21, and Jacob Dismont, 18, were arrested Saturday
    An anonymous tip led to the arrest of the two suspects in the murder of a Las Vegas teen during an attempted robbery of his iPad.
  • Friday, May 17 2013 8:05 PM EDT2013-05-18 00:05:13 GMT
    LAS VEGAS -- When Randy Kleiner stopped to help an injured driver, he didn't expect to become injured himself. But on Thursday morning, as he was assisting someone who had crashed their car, another
    When Randy Kleiner stopped to help an injured driver, he didn't expect to become injured himself.
  • Monday, May 20 2013 1:39 PM EDT2013-05-20 17:39:41 GMT
    LAS VEGAS -- While the Las Vegas metropolitan area in the last decade experienced more rapid growth in its suburbs than in its urban core, the percentage of residents living in poverty likewise increased
    While the Las Vegas metropolitan area in the last decade experienced more rapid growth in its suburbs than in its urban core, the percentage of residents living in poverty likewise increased faster in the suburbs than elsewhere.

TOKYO, JAPAN -- The world's leading economies are conferring by telephone about the stability of financial markets following a downgrade of the U.S. credit rating.

South Korea's central bank says deputies from the Group of 20 advanced and emerging economies talked today about proposals to minimize market shocks. Group of Seven ministers plan to talk by phone before Asian markets open tomorrow.

They countries are concerned Standard & Poor's downgrade of the U.S. credit rating late Friday will shake global markets. The credit-rating firm bumped the country down to a notch below the top rating for the first time in U.S. history.

In a sign of the fallout, Middle East markets tumbled today on their first day of business since the downgrade.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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