Southern African ministers Thursday opened a meeting in Cape Town, South Africa aimed at drafting a plan to help Zimbabwe's economic recovery. The recently installed unity government reportedly has requested $2 billion in aid for this year from the...
Bangladesh's government says all mutinous border guards have ended their rebellion. That word came after army tanks took positions outside the Dhaka headquarters of the border force. Some officials put the death toll from the two-day uprising at mor...
Secretary of State Hillary Clinton says it is too early to say if the United States' troubled relationship with Syria is headed for a thaw. Syria's ambassador to Washington, Imad Mustafa, paid an unusual high-profile call at the State Department Thu...
The retired former chief of the U.S. central bank, Paul Volcker, told a congressional committee Thursday that to avoid further financial crises there needs to be greater regulation of financial institutions. Paul Volcker testifies before Joint Econo...
U.S. President Barack Obama has unveiled his first federal budget - outlining his spending priorities for the 2010 fiscal year. The proposal totals more than $3.5 trillion. The White House predicts the United States will enter the new fiscal year wi...
President Barack Obama is expected on Friday to unveil his proposal for gradually reducing U.S. troop strength in Iraq. Mr. Obama will make the announcement at Camp Lejeune, a Marine base in North Carolina. President Barack Obama, 25 Feb 2009 Thousa...
U.S. lawmakers are reacting to President Barack Obama's proposed budget for the 2010 fiscal year that begins in October. Democrats and Republicans commented on the $3.5 trillion budget that would raise the federal deficit to $1.75 trillion. US Senat...
The Zimbabwean economy is reeling under an economic disaster characterized by hyper-inflation, 80 percent unemployment and shortages of food, fuel and other basic goods. But despite the virtual collapse of the formal economy, business is booming in...
Secretary of State Hillary Clinton met Pakistani Foreign Minister Shah Mehmood Qureshi late Tuesday as part of the Obama administration's policy review of the Afghan conflict and related unrest in Pakistan. Qureshi said his government is determined...
Bangladesh's government is negotiating with mutinous border guards who have clashed with their Army superiors in Dhaka. Heavy gunfire and the booms from mortar shells caused chaos in the densely populated streets of the Bangladeshi capital. A ricksh...
The Japanese economy continues to be rocked by the global recession. Last month exports plunged and the nation's trade deficit hit a record high. Japan's government says exports dropped by nearly 46 percent in January compared with the same period l...
U.S. President Barack Obama says the United States will emerge from uncertain economic times stronger than before. In his first speech to a joint session of Congress, the president made the case for his economic policies. It was a night of pure poli...
Republicans and Democrats in Congress are reacting to President Barack Obama's speech, in which he warned Americans that the economy faces a dire day of reckoning, but one the country can recover from. President Barack Obama addresses a joint sessio...
Influential Democratic Senator Patrick Leahy has proposed that an independent truth commission be established to investigate alleged abuses of power under the Bush administration. President Barack Obama has reacted cautiously to the suggestion, sayi...
With Sri Lanka's economy stifled by 25 years of war, many here are weighing the benefits of a peace dividend, as the conflict nears an end - just in time for the global economic slump. Rebels examine their weapons in this handout picture released by...
