International

Ford not to seek federal loans after heavy quarterly loss
29/01/2009 05:00
Ford Motor Company on Thursday reported a fourth quarter net loss of 5.9 billion U.S. dollars, compared with a loss of 2.8 billion dollars in the same period of 2007. Ford Motor Co. Chief Executive and President Alan Mulally (L), Executive...
Nabucco summit meeting held in Budapest
28/01/2009 05:00
The participants of Tuesday’s Nabucco Summit in Budapest signed a declaration which expresses strong commitment to the gas pipeline project and a transparent and cost-based transmission regime along the pipeline. Nabucco is the first...
Davos forum to explore ways to save global economy
28/01/2009 05:00
The World Economic Forum (WEF) opened in Davos Wednesday with an aim to address the current economic crisis and other global challenges. The five-day annual meeting is expected to attract more than 2,500 representatives from 96 countries,...
Iran’s president says U.S. must make "fundamental" change in policy
28/01/2009 05:00
Iranian President Mahmoud Ahmadinejad said on Wednesday that the United States must make a “fundamental” change in its policy instead of only tactics. Iran’s President Mahmoud Ahmadinejad smiles as he waits for an official meeting with Iraq’s Prime...
U.S. House passes Obama’s economic stimulus plan
28/01/2009 05:00
The Democrat-controlled U.S. House of Representatives on Wednesday approved an 819-billion-dollar economic stimulus bill, which melds new spending and tax cuts to jump-start the economy. U.S. President Barack Obama (C) delivers remarks on the economy...
China sets up 3rd Antarctic research station
28/01/2009 05:00
China has set up its third Antarctic research station, also the country’s first on the continent’s inland, marking a significant step in polar exploration. Photo taken on Jan. 21, 2009, shows China’s Zhongshan Station under construction. (Xinhua...
China, Switzerland agree to begin feasibility study on free trade zone
28/01/2009 05:00
China and Switzerland decided on Tuesday to begin a joint feasibility study on creating a bilateral free trade zone in the second half of this year as part of their efforts to tackle the challenges of the global financial crisis. President of the...