Finance ministers from the G7 gather in Washington to try to agree co-ordinated action: Britain's bank rescue plan is seen as a key solution. Jonathan Rugman reports.
Diplomatic war with Iceland cools as both London and Reykjavik near a deal to pay out those who have suffered financial loss, the details are vague but Cathy Newman has the latest.
So how is new business preparing for the recession to come? Benjamin Cohen talks with the boss of Facebook: he thinks he can survive a three-year downturn, but then what?