• Bush sets tone for G-20 Summit

    Bush sets tone for G-20 Summit

    13/11/2008 05:00

    U.S. President W. Bush set tone for the upcoming Group-20 Summit Thursday in New York saying that the summit will focus on “understanding the causes of the global crisis and developing principles for reforming our financial and regulatory systems.” Group of...

  • Fake New York Times announces "Iraq War ends"

    Fake New York Times announces "Iraq War ends"

    13/11/2008 05:00

    A bogus “edition” of The New York Times hit streets here Wednesday, with a look into a fantasy future filled with phony headlines taking aim at the Bush administration, according to a report on www.nydailynews.com. This photo shows a spoof edition of The New...

  • China planner offers details on 4 trln yuan stimulus package

    China planner offers details on 4 trln yuan stimulus package

    13/11/2008 05:00

    A senior Chinese planning official told reporters here on Friday that the new 4 trillion yuan (586 billion U.S. dollars) economic stimulus package includes 1.18 trillion yuan from the central government through 2010. Mu Hong, vice director of the National...

  • Study: Large waist almost doubles premature death risk

    Study: Large waist almost doubles premature death risk

    12/11/2008 05:00

    Having a large waistline can almost double your risk of dying prematurely even if your body mass index is within the “normal” range, according to a new study of over 350,000 people across Europe, published Wednesday in the U.S. magazine New England Journal of...

  • UN conference on culture of peace kicks off

    UN conference on culture of peace kicks off

    12/11/2008 05:00

    The two-day UN conference on culture of peace kicked off at the United Nations headquarters Wednesday, with President of the UN General Assembly Miguel d’Escoto Brockmann calling for morals and ethics in all human activity. “Our world is experiencing an...

  • Paulson says not to buy bad loans, assets from banks as planned

    Paulson says not to buy bad loans, assets from banks as planned

    12/11/2008 05:00

    U.S. Treasury Secretary Henry Paulson said Wednesday the U.S. government will not use the 700 billion U.S. dollar rescue package to buy illiquid mortgage-related assets from the banks. U.S. Treasury Secretary Henry Paulson speaks during a press conference at...

  • Crude oil settles below 60 U.S. dollars

    Crude oil settles below 60 U.S. dollars

    11/11/2008 05:00

    Crude oil fell 5 percent to settle below 60 U.S. dollars a barrel Tuesday as the global economic slowdown weighed on the energy market. Graphics shows the price of crude futures in the past 13 months. The price of light, sweet crude oil for December delivery...

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