Today's Paper: Europe

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	April 3, 2009 -- 5:30 a.m.

Visit WSJ.com at U.S. | EUROPE | ASIA News by section: Page One | Corporate News | Economy and Politics | Money and Investing | Marketplace | Weekend Journal   PAGE ONE A1 ECB Rate Cut Falls Short of Expectations The ECB cut its key rate by a smaller-than-expected quarter percentage-point to 1.25%, but signaled it could cut again as soon as next month. • ECB Statement • Video: ECB Chairman Jean-Claude Trichet on Cut   Stocks Rally Sharply The Dow industrials surged 216 points and are heading for their best four-week winning streak since 1933. The Nasdaq is positive for the year to date.   World Leaders Agree on Global Response G-20 leaders concluded a summit by agreeing to pump up the IMF's financial capacity fourfold, to $1 trillion, to help handle crises in developing nations. • Photos | Communiqu[eacute] | WSJ.com/G-20 • Obama Hits G-20 Resistance   A2 • A Fraud Probe Startles Austria • Regulators Agree to Create Stricter Capital Requirements for Banks   A3 • IMF Gains New Influence From Summit • Obama, Brown Strike Similar Notes on Economy   CORPORATE NEWS A4 T-Mobile Threatens Skype Use Deutsche Telekom said it may prevent its customers from using Skype on Apple's iPhone. • Digits: PayPal Says Online Fraud Rising in Recession   Hollywood Squeezes Stars' Pay in Slump Movie studios are restructuring pay for top stars, doing away with deals that promise upfront percentages of the box office revenues.   GM's Financing Arm Tries to Drum Up Sales General Motors Corp.'s financing arm on Wednesday introduced measures intended to bolster new-car sales and provide relief for dealers.   A5 • ADVERTISING: Spirits Makers Replace Bartender With Convenience • Airbus's German unit says it ran secret checks on staff • Adecco Ousts CEO in Bid to Expand Professional-Staffing Business • Daimler's Grube Named CEO of Deutsche Bahn   A6 • Intel, GE Form Health-Care Alliance • In Europe, GM May Need Greater Aid • BASF finds an organism that can cut tooth decay   A7 • Charges Widen Loss at Rite Aid • Monsanto Sales Rise Even as Net Declines   ECONOMY AND POLITICS A8 U.S. Weighs Putting 70,000 Troops in Afghanistan Obama is weighing whether to deploy 10,000 more troops to Afghanistan but lawmakers on both sides of the aisle are questioning an increased commitment.   Police Question Israeli Foreign Minister in Bribery Probe Israeli police questioned the country's new foreign minister in a bribery and money-laundering probe.   Strikes Halt Operations Across Greece A general strike in Greece over public-sector pay and job losses brought much of the country to a standstill.   Shoppers Globally Reduce Spending Shoppers' preference for less expensive and store-branded products is going global with the deepening recession.   A9 • CAPITAL JOURNAL: Taming Populist Anger Is Big Test • Hungarian Plan Would Freeze Wages, Cut Pensions • IMF delays payment to Latvia   A10 • North Korea Detains Two American Journalists • North Korea Launch Poses Diplomatic Test for U.S. • Jobless Data Suggest More Pain Ahead   A11 • Tourists Learn Who Rules the Roost On This Lush Hawaiian Isle • ADVERTISING: Video Gets Entrée Into Email   A12 OPINION A Tale of Two Farces Sudan's dictator roams free, but Bush officials are in jeopardy.   Alberto Holder And Democrats accused Republicans of politicizing Justice?   The Ted Stevens Scandal After yesterday's dismissal, time to put prosecutors in the dock.     A13 OPINION Let NATO Settle the Border Wars By Peter I. Belk and Andrew A. Rosen Disputes from the colonial and Soviet eras are a threat to our security.   Beijing's 'Legless' Stimulus By Victor Shih It's not going to help China much, let alone the rest of the world.     A14 • Oil-Rich Arab State Pushes Nuclear Bid With U.S. Help   MARKETPLACE A26 Former Highflier's Final Landing Silicon Graphics filed for bankruptcy-court protection and agreed to sell its business to server provider Rackable Systems for $25 million.   A27 • Pfizer Touts Progress Amid Setbacks • Coca-Cola Forced to Run Corrected Ads in Australia   A28 • HEARD ON THE STREET: For Once, an Unintended Consequence Is Welcome • HEARD ON THE STREET: Dream Mortgage Bailout Has a Darker Side • In France, the Bosses Can Become Hostages View the latest What's News Online Past Editions of In Today's Paper advertisement MONEY AND INVESTING A17 AIG Rescue Has Failed, Greenberg Says Former AIG chief Maurice Greenberg told a House panel that the AIG rescue has failed and should be replaced by a plan to restructure the company. • Video: Former AIG CEO Testifies   BOC: No Rothschild Deal Bank of China dropped plans to buy a stake in French bank Rothschild, as China remains cautious about overseas investments amid the global financial turmoil.   FASB Eases Mark-to-Market Rules Accounting rule makers approved a plan to ease their controversial guidelines on "mark-to-market" accounting, allowing companies more leeway in valuing their investments. • Accounting Changes May Have Muted Impact   A18 • CURRENCY TRADING: ECB Move Lifts Euro, but Gains May Wane • CREDIT MARKETS: Stock Rallies Sap Safe-Haven Bids • Rothschild to Advise Dubai on $20 Billion Bond Program • U.S. files criminal charges against UBS client • PCCW battle could energize push for rule change   A19 • TCI Lowers Deutsche Börse Stake • Thornburg Mortgage Plans to Liquidate • Swiss Re to Cut Jobs, Names Operating Chief   A20 • He-Man, Casper Bought by Private-Equity Firm • M&A Has a Soft Middle • Credit Suisse Reshuffles Swiss Bond, Equity Teams   A21 • Citi's Nikko Sale Ignites Japanese Bid War • Changyou.com IPO Jumps 25% on Nasdaq   A22 • U.S. Steel Delays Big Upgrade at Coke-Making Facility • Regulators Detail PCCW Allegations • Judge Awards Asarco 30% of Copper Miner   WEEKEND JOURNAL W3 ON STYLE Cracking the Hedge-Fund Dress Code for Women Double standards are everywhere, but especially on Wall Street, where hedge-fund women can't imitate their male colleague's "power casual" style without conveying weakness.   W4 • GOLF JOURNAL: The Madness in the Method • ADVISER: The Not-So-Friendly Skies   W6 • 'Altermodern' Is Nothing New   W7 • Jane Chapman Rocks the Harpsichord • ADVISER: Brazilian 'Nights'   W8 • Suffolk Chic   W12 • Cuba Now   W13 • London Sales Feature Prints   W14 • Time Off   W15 OPINION TASTE France's Courtesan Queen Returns to the Silver Screen By A.J. Goldmann A new movie based on celebrated French author Colette's novel "Cheri" hits theaters.   The Fat Envelope, Please The new economic climate has numerous repercussions for high-school kids looking to get into colleges -- and those who are accepted may have parents with deep pockets.

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