The delivery of Russian natural gas is expected to resume Tuesday morning after Ukraine, Russia and the European Union signed a protocol allowing observers to monitor pipelines that transport the fuel across Ukraine. Moscow and Kyiv came to an agree...
Concern about the tough earnings season lying ahead for corporations has depressed markets in Asia and Europe. The gloomy outlook has come as many countries face rising unemployment. In London, Britain's prime minister has outlined a new, wide-rangi...
A race is on to try to save one of India's information technology giants that was cut down by a gigantic fraud allegedly perpetrated by its founder. Media personnel wait outside office of Satyam Computer Services Ltd. in Hyderabad, India, 08 Jan 200...
With the global economic slowdown increasingly felt in Asia, the region's governments have taken steps to shield their economies from the worst. But will these measures work? Asian governments are spending like never before. Japan's government says...
Barack Obama will make history on January 20 when he is inaugurated as the 44th president of the United States and becomes the first African-American to hold the job. President-elect Barack Obama speaks to reporters in Washington, 12 Jan 2009 In the...
To many observers, the ongoing crisis in the Gaza Strip underscores the fact that Barack Obama will become president during turbulent times. From wars in Iraq and Afghanistan to instability in Pakistan to the nuclear ambitions of Iran and North Kore...
Just one month after seeking government economic assistance, amid unprecedented financial turmoil in the auto industry, the 'Big Three' American Automakers - General Motors, Ford and Chrysler - are introducing new fuel-efficient vehicles, in an effo...
British Foreign Secretary David Miliband says it is in everyone's interest to see the U.N. Security Council resolution on Gaza implemented as soon as possible. British Foreign Secretary David Miliband (file photo) Using the words of Middle East envo...
Secretary of State Condoleezza Rice is defending the U.S. decision to abstain on the U.N. Security Council resolution approved late Thursday calling for an immediate cease-fire between Israel and Hamas in Gaza. Rice said the resolution, approved by...
Despite a call by the U.N. Security Council for a truce in the troubled region, the violence from both sides continues. Gordon Brown, (file photo) On a visit to Birmingham, British Prime Minister Gordon Brown said the window of opportunity to put a...
The Director of the U.N.'s agency for Palestinian refugees John Ging said UNRWA will soon resume its work in the Gaza Strip, after it suspended efforts Thursday, after the driver of an aid truck was killed by Israeli fire. Palestinians gather to rec...
As had been feared, the U.S. economy lost more than one half million jobs in December, capping the worst year for job losses since World War II. People wait to talk with potential employers during job fair at Rutgers University, New Brunswick, New J...
President-elect Barack Obama's choice to be labor secretary, Congresswoman Hilda Solis says if confirmed she will work to promote fair wages and workplace safety. Her comments came at a Senate confirmation hearing Friday. Labor Secretary-designate,...
North and South Sudan Friday marked the fourth anniversary of the signing of a peace agreement that ended Africa's longest-running civil war. But core issues remain unresolved and analysts say an external pressure not related to the accord is threat...
The European Uninion efforts to resolve a bitter gas dispute between Russia and Ukraine foundered on Thursday when Russia reportedly refused to agree to a EU proposal to send independent monitors to check Russia's gas flow through Ukraine. Moscow's...