International

Bernanke: Ability to stabilize financial markets "critical" to economic recovery
03/03/2009 05:00
U.S. Federal Reserve Chairman Ben Bernanke said Tuesday that the government’s ability to stabilize financial markets is “critical” to an economic recovery. U.S. Federal Reserve Chairman Ben Bernanke testifies before the Senate Budget Committee on...
Obama highlights U.S.-Britain special relationship
03/03/2009 05:00
President Barack Obama said on Tuesday that the U.S.-Britain relationship is important to the American people, and that Britain is one of the closest and strongest allies of the United States. British Prime Minister Gordon Brown speaks during...
Int’l donors pledge $4.5 bln for Gaza reconstruction
02/03/2009 05:00
International donors held a conference in support of the Palestinian economy for the reconstruction of the Gaza Strip here on Monday, during which they pledged a total of 4.481 billion U.S. dollars of donation. U.S. Secretary of State Hillary...
Iran nuke issue comes into spotlight again, pending a breakthrough
02/03/2009 05:00
The Iranian nuclear standoff is coming into the international limelight again, as the meeting of the International Atomic Energy Agency’s (IAEA) 35-member board of governors began in Vienna on Monday. The director-general of the International...
Obama taps health secretary, White House health reform director
02/03/2009 05:00
U.S. President Barack Obama named Kansas Governor Kathleen Sebelius as health and human service secretary on Monday, after his first choice withdrew nomination due to tax issue. U.S. President Barack Obama introduces Health and Human services...
Wall Street plummets to multi-year low amid global sell-off
02/03/2009 05:00
Wall Street plummeted to a multi-year low on Monday with the Dow Jones average dropping almost 300 points to below 6,800 amid global sell-off. Traders work on the floor of the New York Stock Exchange March 2, 2009.(Xinhua/Reuters Photo)...
Ailing insurer gets more aid after record $61 billion loss
02/03/2009 05:00
American International Group Inc. (AIG) , the insurer deemed too important to fail, will get as much as US$30 billion in new government capital in a revised bailout after posting the worst loss by a US...