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EU leaders back Barroso’s second term as commission chief
18/06/2009 05:00European Union (EU) leaders handed down their blessing on Thursday to Jose Manuel Barroso’s bid for a second term as the European Commission chief. European Commission President Jose Manuel Barroso attends a press conference after the first day...
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U.S. to meet June 30 deadline of military withdrawal from Iraq: ambassador
18/06/2009 05:00The United States will, in accordance with its agreement with Iraq, withdraw combat troops from all Iraqi urban areas, U.S. Ambassador to Baghdad Christopher Hill said here on Thursday. U.S. Ambassador to Iraq Christopher Hill answers a question...
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Harvard makes big budget cuts
17/06/2009 05:00Harvard University, the world’s richest educational institution, is making big budget cuts because of the economic downturn, university officials said. The financial crunch is hurting the university at every level from introductory freshman...
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Fighting kills 17 in Mogadishu, including police chief
17/06/2009 05:00Up to 17 people including the head of Mogadishu’s police, Colonel Ali Said, were killed and dozens of others wounded on Wednesday in the fighting in Mogadishu, capital of Somalia between the Somali government forces and Islamist insurgent fighters....
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China sells US bonds to show concern: analysts
17/06/2009 05:00A decision by China to reduce its US Treasury holdings suggests concern about the US attitude toward its economic woes, Chinese economists were quoted as saying in state media Wednesday. The remarks, coming after US data showed a modest decline...
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Global economic recovery next year: IMF chief
17/06/2009 05:00The global economy should begin seeing signs of recovery by next year, International Monetary Fund (IMF) managing director Dominique Strauss-Kahn said Wednesday during a visit to the Central Asian state of Tajikistan. The fund chief said that...
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Bank of America has âconsiderableâ savings in Asia
17/06/2009 05:00Pedestrians are reflected in the window of a Bank of America Corp. bank branch in Charlotte, North Carolina, US Bank of America Corp. has made âconsiderableâ cost savings in Asia since its January purchase...
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