• U.S. jobless rate rises to highest level in 15 years

    U.S. jobless rate rises to highest level in 15 years

    05/12/2008 05:00

    A homeless man cadges on a street of Manhattan, New York, the United States of America, Nov. 11, 2008. The unemployment rate in the United States rose to 6.7 percent in November, the highest level in 15 years, as employers slashed 533,000 jobs, the...

  • Explosion hits Peshawar in NW Pakistan, at least 12 killed

    Explosion hits Peshawar in NW Pakistan, at least 12 killed

    05/12/2008 05:00

    An explosion occurred in northwestern Pakistan’s Peshawar city on Friday and at least 12 people were killed, private TV channel DAWN NEWS reported. Pakistani people try to extinguish a fire from a building after an explosion in Peshawar, Pakistan,...

  • China-India joint anti-terrorism training begins

    China-India joint anti-terrorism training begins

    05/12/2008 05:00

    A week of China-India army joint anti-terrorism training kicked off on Saturday with performances of tai chi and Indian martial arts. The China-India army joint anti-terrorism training, code-named “Hand in Hand 2008″ is kicked off in India’s Belgaum...

  • GM, Chrysler "considering bankruptcy"

    GM, Chrysler "considering bankruptcy"

    04/12/2008 05:00

    General Motors Corp and Chrysler LLC executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout, said a person familiar with their internal discussions. Leaders of the...

  • Canadian PM suspends Parliament to avoid defeat

    Canadian PM suspends Parliament to avoid defeat

    04/12/2008 05:00

    Canadian Prime Minister Stephen Harper on Thursday won approval from the governor general to suspend Parliament until the end of January, in an attempt to avoid being defeated by oppositions in a non-confidence vote scheduled next week. Canada’s...

  • Putin holds first question-and-answer session as PM

    Putin holds first question-and-answer session as PM

    04/12/2008 05:00

    Russian Prime Minister Vladimir Putin on Thursday held a question-and-answer session with the public, his first as the premier and leader of the ruling United Russia party. Russia’s Prime Minister Vladimir Putin answers questions during his annual...

  • ECB cuts rate by 75 basis points

    ECB cuts rate by 75 basis points

    04/12/2008 05:00

    The European Central Bank (ECB) on Thursday cut its benchmark rate by a record 75 basis points or 0.75 percentage points to help reactivate the slumping European economy. European Central Bank (ECB) President Jean-Claude Trichet holds a news...

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