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U.S. jobless rate rises to highest level in 15 years
05/12/2008 05:00A 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...
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Explosion hits Peshawar in NW Pakistan, at least 12 killed
05/12/2008 05:00An 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,...
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China-India joint anti-terrorism training begins
05/12/2008 05:00A 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...
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GM, Chrysler "considering bankruptcy"
04/12/2008 05:00General 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...
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Canadian PM suspends Parliament to avoid defeat
04/12/2008 05:00Canadian 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...
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Putin holds first question-and-answer session as PM
04/12/2008 05:00Russian 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...
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ECB cuts rate by 75 basis points
04/12/2008 05:00The 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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