With freezing temperatures across most of Europe, there was heated anger, especially in Eastern Europe on Wednesday, about the suspension in natural gas deliveries from Russia through Ukraine. The gas crisis comes at a difficult time for leading pol...
Arab leaders and diplomats are engaged in an increasingly bitter quarrel over the need to hold an emergency summit to discuss a cease-fire in Gaza, where the death toll has now risen to more than 1,000. Diplomatic efforts continued Thursday in Cairo...
The fraud scandal at one of India's largest software outsourcers, Satyam Computer Services, has again placed the spotlight on corporate governance in Asia. Experts say the region has made some progress, but more needs to be done. A security personne...
Majority Democrats in Congress have provided details of a huge stimulus plan to help the battered U.S. economy, a bill that would be signed into law by Barack Obama after his inauguration as president next week. At a projected $825 billion, the meas...
A U.S. passenger jet crash-landed in New York City's Hudson River on Thursday with 155 passengers and crew onboard. But tragedy was averted when ferries and tourist boats came to the aid of the sinking plane and everyone was evacuated. Tail fin of A...
Secretary of State Condoleezza Rice continued telephone diplomacy on the issue Thursday while a senior Israeli envoy was in Washington. Secretary of State Condoleezza Rice (file) Rice spoke by telephone with top Israel leaders Thursday as she contin...
The U.N. General Assembly sharply criticized Israel's incursion in the Gaza Strip during an emergency session Thursday. Their meeting began just hours after Israeli said its shells accidentally struck the United Nations' main compound in Gaza, destr...
At her Senate confirmation hearing on Tuesday, Secretary of State-designate Hillary Clinton expressed support for the Chinese-led six-party negotiations aimed at ending North Korea's nuclear program. But she told the Senate Foreign Relations Committ...
The Managing Director of the International Monetary Fund, Dominique Strauss-Kahn, warns that the world economy will further decline this year. Strauss-Kahn says Germany's biggest stimulus package since World War II offers some hope, although he caut...
The U.S. central bank says the U.S. economy continues to deteriorate, and the outlook for the months ahead remains grim. Wednesday's Federal Reserve report followed another decline in U.S. retail sales that helped push financial markets lower. In it...
President-elect Barack Obama's nominee to head the Veterans Affairs Department says, if confirmed, he will work to streamline the agency to better respond to the needs of U.S. troops returning home from war. Retired Army General Eric Shinseki, who h...
Russia is proposing a summit of all countries involved in the current gas dispute between Moscow and Kyiv. The proposal comes a week after Moscow halted deliveries of Russian gas through a Ukrainian pipeline that supplies much of Europe. Russian PM...
President-elect Barack Obama has indicated his administration is likely to be less reliant on the threat of military force to persuade and influence other countries, and more likely to use so-called soft power, the attractiveness of a nation's ideal...
The Israeli military has closed in on densely populated areas of the Gaza Strip, seeking to kill gunmen loyal to the militant group Hamas. Israeli war planes are pounding targets in Gaza as part of an effort to stop rocket attacks aimed at the Jewis...
According to three former senior U.S. government officials, one of the central foreign policy questions facing the incoming Obama administration will be how to deal with a resurgent Russia. Most experts agree that relations between Washington and Mo...