• Official: Cause of U.S. plane crash remains unclear

    Official: Cause of U.S. plane crash remains unclear

    14/02/2009 05:00

    The probe into the crash of Continental Flight 3407 in suburban Buffalo in northern New York state is going to be a long process and the actual cause of it remains unclear at this stage. Firemen walk towards the site of a plane crash to remove the...

  • Peruvian film wins best movie award at Berlin festival

    Peruvian film wins best movie award at Berlin festival

    14/02/2009 05:00

    Peruvian film “La Teta Asustada (The Milk Of Sorrow)” directed by Claudia Llosa Saturday evening won the Golden Bear for the Best Motion Picture at the 59th International Film Festival Berlin (Berlinale). Director Claudia Llosa from Peru reacts with...

  • China economy shows signs of stirring on stimulus

    China economy shows signs of stirring on stimulus

    13/02/2009 05:00

    People walk along a shopping street in Beijing, China Friday China’s economy is showing signs that a 4 trillion yuan (US$585 billion) stimulus package is taking effect. The world’s...

  • ADB chief sees no reason for banks’ lending paranoia

    13/02/2009 05:00

    Asian banks have no reason to be “paranoid” about lending as governments’ economic stimulus efforts will ease the financial crisis, the Asian Development Bank’s managing director said. “It is very important to see credit flowing...

  • Plane crashes into home near Buffalo, killing 50

    Plane crashes into home near Buffalo, killing 50

    13/02/2009 05:00

    A commuter plane suddenly nosedived and slammed into a home in snowy western New York state late on Thursday, killing all 49 people aboard and one on the ground as it burst into a giant ball of flames....

  • Senate on brink of passing stimulus bill

    Senate on brink of passing stimulus bill

    13/02/2009 05:00

    President Barack Obama delivers remarks to members of the Business Council in the East Room of the White House in Washington February 13, 2009. The U.S. Senate on Friday was on the brink of passing a $787...

  • Crisis hitting poor hard in developing world, World Bank says

    Crisis hitting poor hard in developing world, World Bank says

    13/02/2009 05:00

    The spreading global economic crisis is trapping up to 53 million more people in poverty in developing countries and, with child mortality rates set to soar, poses a serious threat to achieving internationally agreed targets to overcome poverty....

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