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Oil row brings down Peru cabinet
[6 mins]
Peru's President Alan Garcia accepts the government's resignation over alleged bribes for oil contracts.
G7 pledges urgent, decisive action as markets reel (Reuters)
[25 mins]

G7 finance ministers Christine Lagarde of France (L-R), Peer Steinbrueck of Germany, U.S. Treasury Secretary Henry Paulson and Italy's Economy Minister Giulio Tremonti pose for a group photo after their meeting at the Treasury Department in Washington October 10, 2008. (Yuri Gripas/Reuters)Reuters - Finance chiefs of the world's major economies pledged on Friday to prevent big banks from collapse and to work together to stem the financial crisis after another day of gut-wrenching drops on world markets.


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