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  • Can world leaders learn lessons from 1930s at G20 summit?

    22/03/2009 05:00

    The credit crunch is often compared to the 1930s Great Depression, but world leaders must hope April’s G20 London summit does not flop like a 1933 conference which experts say has parallels to today. The London Economic Conference, held 76...

  • British bank RBS could face criminal inquiry probe

    British bank RBS could face criminal inquiry probe

    22/03/2009 05:00

    The scandal-ridden Royal Bank of Scotland (RBS) was pushed under spotlights Sunday by allegations that at least three of its former non-executive directors may have been intimidated and threatened with dismissal for asking searching questions about its financial...

  • Cargo plane crashes at Japan’s Narita airport

    Cargo plane crashes at Japan’s Narita airport

    22/03/2009 05:00

    A Federal Express Corp. cargo plane crashed and burst into flames early Monday at Narita International Airport, east of Tokyo, said reports from Narita, Chiba Prefecture, citing airport and police officials. Photo taken on March 23, 2009 shows...

  • Israel’s Barak assembles team for coalition talks

    Israel’s Barak assembles team for coalition talks

    22/03/2009 05:00

    Israel’s Labor party chief Ehud Barak on Sunday set up a team to negotiate a possible coalition agreement with Prime Minister-designate Benjamin Netanyahu’s Likud party. Israel’s Likud party leader Benjamin Netanyahu (R) stands with Defence...

  • FAA: 14 killed in small plane crash in Montana

    FAA: 14 killed in small plane crash in Montana

    22/03/2009 05:00

    A total of 14 people, including seven children, were killed early Sunday when a small plane crashed near an airport in the northwestern state of Montana, the Federal Aviation Administration (FAA) confirmed Sunday night. In this picture provided...

  • Obama says U.S. financial system still faces risks

    Obama says U.S. financial system still faces risks

    22/03/2009 05:00

    President Barack Obama said on Sunday that the U.S. financial system still faces risks, which might lead to a destructive recession and potentially depression. CBS’ Steve Kroft interviews U.S. President Barack Obama for CBS’ “60 Minutes” program,...

  • EU set to change Southeast Asian trade policy: report

    22/03/2009 05:00

    The European Union (EU) is poised to alter its Southeast Asia trade policy to deal with individual members of the ASEAN trade alliance rather than with the bloc as a whole, a senior official said Friday. The German daily Handelsblatt quoted EU...

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