International

Germany unveils first bank nationalization
09/04/2009 05:00
Germany launched Thursday its first bank nationalization since the republic’s birth in 1949, with a key US shareholder set to pay a high price as officials try to stabilize financial markets. Berlin, acting through the Financial Markets...
World’s cheapest car goes on sale in India
09/04/2009 05:00
Potential customers inspect a Tata Nano car at a showroom in Kolkata Thursday. The world’s cheapest car went on sale Thursday, with dealers and the company behind it confident of strong demand despite a slump in...
China sets further executive pay limits for state-owned financial institutions
09/04/2009 05:00
The Ministry of Finance has imposed a pay cap for top executives at state-owned financial institutions as the financial crisis eroded earnings of such companies in 2008, the ministry said Thursday in a circular on its website. The undated photo...
Mass rally held in Tbilisi to urge Georgian president’s resignation
09/04/2009 05:00
Tens of thousands of demonstrators gathered in front of the Georgian parliament on Thursday, urging President Mikhail Saakashvili to resign over the strained ties with Russia as well as the sluggish economy at home. Thousands of Georgians hold a...
Thailand not to cancel ASEAN Summits despite "red shirt" protest
09/04/2009 05:00
Thai Deputy Prime Minister Suthep Thuagsuban pledged Friday afternoon that the government will ensure security for the ASEAN Summit and Related Summits to proceed as planned. Thai anti-government protesters march towards the Royal Cliff Beach...
Fiji president abrogates 1997 Constitution, resumes governing power
09/04/2009 05:00
Fiji is now being ruled under a New Legal Order after the abrogation of the country’s 1997 Constitution on Friday by President Ratu Josefa Iloilo, who appointed himself head of state. Fiji’s president Ratu Josefa Iloilo is seen in this July 18,...
New Czech PM to be appointed on Thursday
08/04/2009 05:00
Czech President Vaclav Klaus will appoint Jan Fischer, presently Czech Statistical Office (CSU) chairman, as new prime minister on Thursday, it was announced on the presidential website. Czech Republic’s Statistical Office Director Jan Fischer...