International

World Bank chief sees worldwide problem in 2009
18/12/2008 05:00
The president of the World Bank, Robert Zoellick, warned Thursday of a worldwide struggle in the first half of 2009 as a deepening global economic crisis hits Asian countries. He also cautioned against a return to trade protectionism that...
GM, Chrysler reject report on merger
18/12/2008 05:00
General Motors Corp. and Chrysler, the two major U.S. auto makers denied a report Thursday that they had restarted talks to combine the ailing automakers, according to sources of the two companies. This file photo shows new trucks are displayed for...
Bush shoe-thrower apologizes to Iraqi PM
18/12/2008 05:00
An Iraqi journalist who hurled his shoes at US President George W. Bush apologized to Iraqi Prime Minister Nuri al-Maliki for embarrassing him before the watching world, the prime minister’s office said yesterday. President Bush (left) at the joint...
Obama introduces new team of financial regulators
18/12/2008 05:00
U.S. President-elect Barack Obama on Thursday unveiled a new team of financial regulators under his incoming administration. Mary Schapiro, U.S. President-elect Barack Obama’s choice to head the Securities and Exchange Commission, speaks after...
Gaza factions decide not to renew lull with Israel
18/12/2008 05:00
Four Palestinian factions, including Hamas movement which rules Gaza, decided on Thursday night not to renew a six-month truce reached with Israel, scheduled to end on Friday. A senior woman walks by a car damaged by Qassam rocket in Sderot,...
Watergate "Deep Throat" Mark Felt dies
18/12/2008 05:00
W. Mark Felt, the former FBI second-in-command who became known as “Deep Throat,” — the nickname for the anonymous source who tipped off reporters to the Watergate scandal that toppled Richard Nixon’s presidency — has died. He was 95. Former FBI...
Oil plunges to $40 on disappointing OPEC cut
17/12/2008 05:00
Crude oil tumbled to its lowest level in nearly four and a half years on Wednesday as an OPEC production cut failed to boost the bearish market sentiment over slumping demand. Algerian Energy & Mines Minister and current rotating president of the...