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MathabaNet Libyan News Service

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World Headline, Health Business and Technology Update from BBC News

Oil price goes below $50 a barrel
Oil prices fall below $50 a barrel amid growing fears over a global recession and lower demand for oil.
RBS boss apologises over losses
Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is "profoundly sorry" for the bank's financial difficulties.
No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
Recession fears hit Wall Street
Wall Street shares fall steeply for the second day in a row, amid investors' growing fears of a protracted economic downturn.