Reuters - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros, or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved by European banks that have recapitalized recently.

Reuters - The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission President Jose Manuel Barroso said on Friday.

AP - Fireworks aren't the only thing skyrocketing on this Fourth of July. The price of gas has hit another all-time high.

AFP - A study on tigers in one of Nepal's national parks suggests that the population has been halved by poachers in just a few years, a senior wildlife official said Friday.

AFP - European equities fell on Friday as investors pocketed gains won a day earlier, mulled more bad news for the banking sector and began looking to next week in the absence of Wall Street trading, dealers said.

AP - President Bush will spend some time this July 4th at the home of the man who virtually wrote the Declaration of Independence. Bush plans to visit Thomas Jefferson's hilltop home, Monticello, in Charlottesville, Va. He'll taking part in Monticello's annual naturalization ceremony, addressing 76 new American citizens.

AP - The top two players in men's tennis are on course to meet in their third straight Wimbledon final, but both have to get through today's semifinals first. No. 1 Roger Federer plays Marat Safin and No. 2 Rafael Nadal meets Rainer Schuettler.