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Bottom of recession nears, recovery to be weak: OECD
24/06/2009 05:00People attending the OECD forum watch a screen with unemployment indications Wednesday at the OECD headquarters in Paris The advanced economies will soon hit the bottom of the recession and have begun the long...
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Obama signs $106 billion bill for Iraq, Afghan wars
24/06/2009 05:00U.S. President Barack Obama signs the Supplemental Appropriations Act in the Oval Office of the White House in Washington June 24, 2009 President Barack Obama on Wednesday signed into law a $106 billion measure...
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South Carolina Governor Sanford admits extramarital affair
24/06/2009 05:00South Carolina Governor Mark Sanford tearfully admitted on Wednesday he had been unfaithful to his wife, likely ending any chance he might be a Republican contender for the U.S. presidency in 2012....
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EU tells five member states to cut deficits
24/06/2009 05:00The European Commission recommended deadlines for five European Union (EU) member states to rein in their deficits which are pushed up by massive spending on economic stimulus. Among the five EU countries, Hungary, Lithuania and Romania were told...
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U.S. governor admits extramarital affair
24/06/2009 05:00A U.S. governor who has gained media attention by his four-day disappearance admitted on Wednesday that he has been having an extramarital affair. South Carolina Governor Mark Sanford tries to compose himself as he speaks to the media about his...
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Obama says no new stimulus package needed yet
23/06/2009 05:00U.S. President Barack Obama has said that he does not think a second economic stimulus package is needed yet even though the nation’s economy continues to struggle. U.S. President Barack Obama speaks during a news conference in the Brady Press...
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Russia pursues more effective role in Mideast
23/06/2009 05:00Visiting Russian President Dmitry Medvedev started his first two-day visit to Egypt on Tuesday, pursuing a more effective role in the Middle East. Egyptian President Hosni Mubarak (R) and visiting Russian President Dmitry Medvedev attend a press...
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