• Eurozone leaders hammer out joint action plan on financial crisis

    Eurozone leaders hammer out joint action plan on financial crisis

    12/10/2008 05:00

    Leaders from the eurozone countries hammered out an action plan in a joint response to the unfolding financial crisis at their first ever summit in Paris on Sunday. Austria’s Federal Chancellor Alfred Gusenbauer (L) and Luxembourg’s Prime Minister Jean-Claude...

  • Thai PM: Resignation no solution for political crisis

    Thai PM: Resignation no solution for political crisis

    12/10/2008 05:00

    Thai Prime Minister Somchai Wongsawat insisted Sunday in a nation-wide TV address that he will not resign as the anti-government movement demanded, adding that his step-down will not solve the country’s problems. Thailand’s Prime Minister Somchai Wongsawat is...

  • Russia test-fires missiles in large-scale drill

    Russia test-fires missiles in large-scale drill

    12/10/2008 05:00

    Russia on Sunday test-fired several types of missiles, including intercontinental ones, as part of a month-long war game, local media reported. Russia’s President Dmitry Medvedev (R) visits a Russian aircraft carrier in the Barents Sea, Oct. 11, 2008. (Photo:...

  • Obama, McCain unveil new economic proposals

    Obama, McCain unveil new economic proposals

    11/10/2008 05:00

    Amid deepening financial crisis, both presidential candidates laid out new economic proposals Friday to attract economy-weary voters. US Democratic presidential nominee Senator Barack Obama (D-IL) speaks at a campaign rally at the Ross County Courthouse in...

  • G-7 announces plan to fight global financial crisis

    G-7 announces plan to fight global financial crisis

    11/10/2008 05:00

    Finance officials from the Group of Seven (G-7) announced here Friday a plan of action to battle the ongoing global financial crisis. Group of Seven central bank governors pose for a group photo after their meeting at the Treasury Department in Washington,...

  • New generation of Chinese passenger aircraft makes successful flight

    New generation of Chinese passenger aircraft makes successful flight

    11/10/2008 05:00

    A new-generation short haul passenger aircraft solely developed in China has completed a successful trial flight, paving the way for commercial production next year, the manufacturer announced on Friday. (Xinhua Photo) The turboprop aircraft was a new...

  • French, German leaders call for joint actions against financial crisis

    French, German leaders call for joint actions against financial crisis

    11/10/2008 05:00

    French President Nicolas Sarkozy and German Chancellor Angela Merkel on Saturday called for joint actions from Europe or even the world to fight the ongoing critical financial crisis. French President Nicolas Sarkozy (R) and visiting German Chancellor Angela...

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