May 10th, 2010
05:55 AM ET

World update: Markets rally on eurozone rescue package

An update from London on some of the international stories we expect to develop on Monday:

Markets rally - The euro rose and stock markets around the world rallied after the announcement of a 750 billion euro rescue package to stabilize the eurozone.

Russia mine blast - The death toll from explosions at a Russian mine climbed to 30 as rescue efforts resumed in western Siberia, the nation's Emergency Situations Ministry says.

Philippines election - The Philippines extended voting time by an hour Monday as crowds flocked to polling stations in the country's first national elections with automated voting machines.

UK election talks - The Conservatives and Liberal Democrats in the UK plan to hold more talks on Monday after conducting several hours of negotiations aimed at forging a ruling coalition.

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