International

Chrysler to close all plants in North America
17/12/2008 05:00
Chrysler LLC has decided to close all its North American manufacturing operations for at least 30 days, according to reports reaching here from Detroit. A Chrysler sign is seen on the front of Chrysler’s Detroit Axle Plant in Detroit, Michigan...
OPEC makes deepest-ever cut to shore up prices, but no quick fix
17/12/2008 05:00
OPEC on Wednesday agreed on a deepest-ever net cut of 2.2 million barrels per day (bpd) as of Jan. 1, bringing the total output cut in 2008 to 4.2 million bpd, in another attempt to bolster sagging oil prices under the global economic slowdown....
Obama names next interior, agriculture secretaries
17/12/2008 05:00
U.S. President-elect Barack Obama named another two cabinet members — interior and agriculture secretaries on Wednesday as his administrative team takes shape. Former Iowa governor Tom Vilsack (C), newly-named by president-elect Barack Obama to...
Time picks Obama as "Person of the Year"
17/12/2008 05:00
Time magazine Wednesday named US President-elect Barack Obama its 2008 “Person of the Year.” A handout photo shows the cover image of the Dec. 29, 2008/Jan. 5, 2009 double issue. Time magazine named U.S. President-elect Barack Obama the Person of...
Illinois supreme court refuses to take case against governor
17/12/2008 05:00
Illinois Supreme Court refused on Wednesday to hear a case against the state governor, Rod Blagojevich, who was charged with corruption. Illinois Governor Rod Blagojevich speaks during a rally in Chicago April 16, 2007.(Xinhua/Reuters, File Photo)...
ASEAN may boost foreign reserve pool to $120 billion
16/12/2008 05:00
Southeast Asian nations and three partners may pool more foreign-exchange reserves than previously estimated to prevent a repeat of the financial crisis that depleted the region’s holdings ten years ago. The 10-member Association of Southeast...
Obama names Duncan new secretary of education
16/12/2008 05:00
U.S. President-elect Barack Obama named on Tuesday Arne Duncan, the current chief executive officer of the Chicago Public Schools, as the next secretary of education. U.S. President-elect Barack Obama (R) and Vice President-elect Joe Biden (L)...