• Russia-EU summit ends, both sides satisfied with issues discussed

    Russia-EU summit ends, both sides satisfied with issues discussed

    21/05/2009 05:00

    The two-day 2009 Russia-EU summit held in the Russian far-eastern city of Khabarovsk has achieved satisfactory outcomes, both sides said at a press conference Friday. Russian President Dmirtry Medvedev (2nd R), Czech President Vaclav Klaus (2nd...

  • U.S. House passes credit card bill to protect consumers

    U.S. House passes credit card bill to protect consumers

    20/05/2009 05:00

    The U.S. House of Representatives on Wednesday gave a final approval to a landmark credit card bill that will eliminate sudden interest rate increases and excessive fees to protect millions of consumers. The 361-64 vote, following a 95-5 vote in...

  • U.S. Senate denies Obama’s funding request to close Guantanamo prison

    U.S. Senate denies Obama’s funding request to close Guantanamo prison

    20/05/2009 05:00

    Defying U.S. President Barack Obama, the U.S. Senate on Wednesday voted to deny the president’s request for 80 million U.S. dollars to close the U.S. military prison at Guantanamo Bay, Cuba. U.S. President Barack Obama The measure, passed on...

  • U.S. to persuade Iran to give up nuclear ambition: Clinton

    U.S. to persuade Iran to give up nuclear ambition: Clinton

    20/05/2009 05:00

    U.S. Secretary of State Hillary Clinton on Wednesday reiterated American calls for Iran to give up its nuclear ambition for the sake of its own security. US. Secretary of State Hillary Clinton testifies before the Senate Foreign Relations...

  • India may lift ban on rice exports on record crop

    20/05/2009 05:00

    India, the world’s second-biggest producer of rice, may scrap a ban on exports after a record harvest increased stockpiles, a government official said. The government would assess reserves, purchases from farmers and supplies in the country...

  • UK needs more ambitious deficit-reduction plan, IMF says

    20/05/2009 05:00

    Chancellor of the Exchequer Alistair Darling needs to adopt a more ambitious program to repair the UK’s public finances, the International Monetary Fund (IMF) said. Darling must do more to cut borrowing and limit the buildup of debt as the...

  • ‘Yambo’ to leave HKMA, legacy marred by Lehman ‘blip’

    ‘Yambo’ to leave HKMA, legacy marred by Lehman ‘blip’

    20/05/2009 05:00

    Joseph Yam, chief executive of the Hong Kong Monetary Authority (HKMA), answers questions on the floor of the Legislative Council, in Hong Kong, China on May 15 Joseph Yam, who’s retiring as Hong Kong’s...

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