Guinea's new prime minister faces many challenges in returning his country to civilian rule. Guinea's military leaders chose an international banker as their prime minister to lead a process toward new elections following last week's military coup....
After a year of gut-wrenching losses, stock markets around the world recorded a positive day amid light trading to close out 2008. A trader talks on the phone at the Shanghai stock market on New Year's Eve in Shanghai, China, 31 Dec 2008 Modest gain...
The International Monetary Fund, with the concurrence of the United States, has agreed lend Belarus $2.5 billion to help it deal with effects of the global economic crisis. The IMF decision Wednesday reflects a thaw in relations between the authorit...
Arab foreign ministers met in Cairo on Wednesday to seek a common position in response to Israeli attacks which have killed more than 370 people in Gaza. Pressure has been mounting on Arab leaders to act decisively to stop Israel's five-day old mili...
On New Year's Day France hands over the rotating European Union presidency to the Czech Republic, ending one of the most eventful six-month tenures ever as head of the 27-member bloc. Nicolas Sarkozy (file) French President Nicolas Sarkozy is known...
Despite the global financial meltdown, the garment export industry in Bangladesh has yet to see a downturn. The industry is remaining competitive because of falling cotton and yarn prices, as well as low labor costs. But many industry leaders say th...
