International

Madoff ordered to jail after pleading guilty to giant fraud
12/03/2009 05:00
Bernard Madoff is going to jail after he pleaded guilty to all 11-felony charges for running the largest financial fraud in history on Thursday. Accused swindler Bernard Madoff exits the Manhattan federal court house in New York , in...
Japan âpulling out all stopsâ to avert bankruptcies
11/03/2009 05:00
A share prices board in Tokyo on March 9. Japanâs financial regulator will make unprecedented inspections of banks to avert a loan drought that would increase bankruptcies, as real estate manager Pacific...
China exports slump; IMF warns on toxic banks
11/03/2009 05:00
Truck drivers rest in front of containers stacked at the Yangshan Deepwater port in Shanghai, China. A drop in Chinese exports and falling prices in Japan and Germany underscored the weakness of the world...
NASA: Space shuttle Discovery’s launch no earlier than March 15
11/03/2009 05:00
U.S. space shuttle Discovery’s launch to the International Space Station is now targeted for no earlier than March 15, NASA said in a statement on Wednesday. The space shuttle Discovery sits on launch pad 39A as it is fueled for launch at the...
Economic crisis eats off Forbes’ 2009 billionaire list
11/03/2009 05:00
The worst economic crisis in decades has taken its toll on billionaires, the richest people in the world. The number of such people has decreased and their wealth has shrunk by nearly half. Steve Forbes, chairman, CEO and editor-in-chief of the...
Obama signs "imperfect" 410-billion-dollar spending bill
11/03/2009 05:00
U.S. President Barack Obama on Wednesday signed a 410-billion-dollar spending bill to keep the government operating until fiscal year 2010 begins on Oct. 1. U.S. President Barack Obama speaks at the White House in Washington March 11, 2009. Obama...
School shooting shocks Germany, chancellor appalled
11/03/2009 05:00
Germany was shocked by a tragic school shooting on Wednesday which killed 16 people, including the 17-year-old gunman apparently killing himself in a standoff with police. Rescue teams and police forces stand in front of the Albertville school in...