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IMF:global economy in "severe recession"
22/04/2009 05:00The International Monetary Fund on Wednesday warned that the global economy was in “a severe recession” and the world output is projected to decline 1.3 percent this year, the deepest global recession since the Great Depression in 1930s. “The...
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U.S. mortgage giant company’s senior official found dead: police
22/04/2009 05:00A senior official of the U.S. mortgage giant company was found dead as a result of an apparent suicide incident, said police on Wednesday. Fairfax County Police control access to the home of David Kellermann, acting chief financial officer of...
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Clinton calls for effective efforts to curb Taliban advances in Pakistan
22/04/2009 05:00U.S. Secretary of State Hillary Clinton expressed concerns about the development of Taliban militants in Pakistan on Wednesday, calling for effective efforts to curb the insurgents advance in the war-torn country. U.S. Secretary of State Hillary...
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GM may close plants for up to 9 weeks this summer
22/04/2009 05:00General Motors is expected to announce Friday it’s cutting about 170,000 vehicles from its planned production this year, closing factories for as long as nine weeks this summer, according to a Detroit News report. An employee works at the...
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Sri Lanka’s civil war enters final stage
22/04/2009 05:00With a large number of civilians fleeing from Tamil Tiger rebels’ territory to government held areas and the Army entering the so-called no fire zone (NFZ) in the north, Sri Lanka’s long drawn-out civil war is coming to a conclusion, said the military and...
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Two human cases of swine flu found in S California
22/04/2009 05:00Two mysterious human cases of swine flu have been found in Imperial and San Diego counties in Southern California, it was reported on Wednesday. Local, state and federal health officials have launched an investigation to find the source, according...
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Large number of young video gamers "addicted": study
21/04/2009 05:00Almost one in 10 young video game users become “addicted,” indicating pathological behavior among children, a new study has found. Those who exhibit signs of addiction to gaming constitute 8.5 percent of the kids surveyed, according to the study...
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