News Minute: Euro country deal...Paulson on protectionism...Somali pirates

Associated Press - October 12, 2008 1:43 PM ET PARIS (AP) - There appears to be an apparent agreement for helping deal with the financial crisis among the 15 countries that use the euro. A draft declaration says they will temporarily guarantee future loans among private banks. The idea is to restore confidence so credit markets work normally again. WASHINGTON (AP) - Treasury Secretary Henry Paulson says the U.S. is avoiding polices during the current financial mess that might "intensify the risks of a prolonged crisis." He's warning against isolationism and protectionism, saying the flow of goods, services, and capital must not be limited. LOS ANGELES (AP) - Authorities in California... [read full story]