A look at economic developments around the world (AP)

A look at economic developments and activity in major stock markets around the world Monday:

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Brussels - Governments Europeans ropin' on how best to prevent the Greece by default on its mountain of debts, with one of them recognizing for the first time they had discussed a restructuring - move a risk of delay or reduce debt repayments.

The meeting was meant to put emphasis on obtaining final approval for a rescue of 78 billion euros ($110 billion) for Portugal, but the growing concern over the arrest of Dominique Strauss-Kahn, Director General of the Monetary Fund and the Greece - International - threatened to overshadow the talks.

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NEW YORK - New York City judge explained the head of the Monetary Fund International must remain imprisoned at least until the next hearing of court for attempted rape and other charges.

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LONDON - is concerned about the State of the global economic recovery weighed on the stock market, but the euro managed to claw back some ground lost despite the arrest week of Dominique Strauss-Kahn, the head of the Monetary Fund International.

The FTSE 100 index leading shares closed less than 0.1% while the Germany DAX fell by 0.2%. The CAC 40 in France was less than 0.7 per cent.

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BEIJING — Earlier in Asia, index Nikkei 225 of the Japan fell by 0.9%. ABN Korea of the South lost 0.8 percent, and Hong Kong Hang Seng shed 1.4 percent.

The reference index of Shanghai Composite index has lost 0.8 percent and the Shenzhen Composite Index of China over small, second Exchange lost 0.2%.

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CAIRO - Egypt is a loan from the World Bank $ 2.2 billion, the Minister of Finance announced, as the military of the country said the unrest of recent months leaders beat the rate of economic growth and are costing the nation of 40 million dollars a day in lost tourism revenues.

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DUBAI, United Arab Emirates - Dubai Government unexpectedly intervened Monday to take over the Bank of Dubai, a lender short of money held jointly by the ruler of Dubai investment company and the developer of the highest Tower of the world.

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LONDON - The London Stock Exchange said it is committed to complete a merger with the Toronto Stock Exchange, despite the emergence of a rival offer.

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LONDON - Central London retailers celebrate after spending by international visitors to the royal wedding and the Easter holidays gave them the best month of sales in two years.

The new West End company, which represents 600 retailers in the heart of the capital, said that sales increased by 7.6% over the previous year.

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NEW DELHI - Inflation high the India slightly easier to 8.7% in April that the price of foodstuffs has increased at a slower pace, the Government said.

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