BC BREAKING NEWS:

Group of Seven (G7) bank governors pose for a group photo after their meeting at the Treasury Department in Washington October 10, 2008. They are (from L-R) Bank of Canada Governor Mark Carney, Bank of France Governor Christian Noyer, President of Germany's Bundesbank Axel A. Weber, Chairman of the U.S. Federal Reserve Ben Bernanke, Italy's Central Bank Governor Mario Draghi, Japan's Central Bank Governor Masaaki Shirakawa, Bank of England Governor Mervyn King, President of the European Central Bank Jean Claude Trichet and International Monetary Fund Managing Director Dominique Strauss-Kahn. REUTERS/Stephen Jaffe/IMF/Handout

G7 pledges urgent, decisive action as markets reel

By Emily Kaiser and Claudia Parsons WASHINGTON/NEW YORK (Reuters) - Finance chiefs of the world's rich nations 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. "The current situation calls for urgent and exceptional... more

WEB FIRST: Teacher accused of sexual relationship with student

A teacher at St. Thomas More Collegiate is being investigated by Burnaby RCMP over an allegation of a sexual relationship with a student. "There is an allegation of an inappropriate relationship between a female teacher and a Grade 11 boy," said... more