New Zealand PM says to guarantee bank deposits

Sun Oct 12, 2008 1:52am EDT
 
[-] Text [+]

WELLINGTON (Reuters) - New Zealand will join bigger neighbor Australia in guaranteeing bank deposits in a coordinated effort to combat the global financial crisis, broadcaster TVNZ said on Sunday, quoting Prime Minister Helen Clark.

(Reporting by Adrian Bathgate, editing by Mark Bendeich)

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Bernd Debusmann
A good war gone bad

In the protracted Washington debate over the war in Afghanistan, the most concise analysis comes from America's top soldier: "If we don't get a level of legitimacy and governance (there), then all the troops in the world aren't going to make any difference."  Commentary