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The United States and six other nations agreed to a plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank lending.
A 52-year-old man died instantly when a dislodged concrete block fell on him and buried him under rubble. Ishmael Mokone and his workmates were demolishing a building at the intersection of Bolton and Oxford roads in Rosebank, Joburg.
President Bush was short of specifics in his brief statement after Saturday morning's meeting. Will the meeting itself be enough to calm the worldwide markets after the weekend, or will the finance ministers have to offer a concrete plan to stabilize the world's financial systems?
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