International

IMF says world starting to pull out of recession
07/07/2009 05:00
The International Monetary Fund (IMF) said on Wednesday that the global economy is beginning to pull out of the worst recession since the end of the World War II, but stabilization is uneven and the recovery is expected to be sluggish. The IMF...
Oil plummets to $64 on economic recovery concerns
06/07/2009 05:00
Oil prices plummeted to 64 U.S. dollars a barrel on Monday as investors felt less confident for a speedy recovery of the economy. Light, sweet crude for August delivery fell 2.68 dollars, or 4.0 percent, to settle at 64.05 dollars a barrel on the...
Russian, U.S. presidents sign joint statement on anti-missile issue
06/07/2009 05:00
Russian President Dmitry Medvedev and his visiting U.S. counterpart Barack Obama have signed here a joint statement on anti-missile issue, the Kremlin said on Monday. Russian President Dmitry Medvedev (R) and visiting U.S. President Barack Obama...
Death toll in Xinjiang riot rises to 156
06/07/2009 05:00
Death toll has risen to 156 following the riot Sunday evening in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region, according to official sources. Vehicles set on fire and destroyed in Sunday night’s riot are seen on Beiwan...
UK secretary asks fraud office to probe MG Rover collapse
06/07/2009 05:00
The Rover factory in Longbridge, Birmingham in April, 2005, prior to its collapse later that year. Business Secretary Peter Mandelson asked the UKâs Serious Fraud Office to investigate the collapse of MG...
Robert McNamara, chief architect of Vietnam War, dead at 93
06/07/2009 05:00
Former US defense secretary Robert McNamara, seen here during a visit to Havana in 2007, has died Former US Defense Secretary Robert McNamara, one of the leading architects of the Vietnam War, died in his sleep...
Zoellick: World economy remains in danger
06/07/2009 05:00
The world economy is still in danger despite recent positive signs, World Bank President Robert Zoellick said Monday. “The actions you and other leaders have taken over the last few months have broken the fall in the global economy by stabilizing...