U.S. congressional leaders have resumed talks on a $700 billion financial rescue package. The difficult talks resumed after the negotiators agreed to consider proposals from House Republicans, whose opposition to a White House backed plan had threate
Europe waits nervously as lawmakers in Washington continue to wrangle over a $700 billion rescue package for U.S. financial institutions. Talks between the Bush administration and congressional negotiators continue Friday after reportedly contentious
The African Union's special envoy for Somalia has condemned the rise in attacks on AU peacekeepers in the country in the past week. He asserted the right of AU troops to defend themselves, but reinforced the mission's neutrality in the country's conf
South Korea's chief diplomat says a diplomatic process aimed at getting rid of North Korea's nuclear weapons is at risk if Pyongyang continues on its current path. The North's moves to resume activity at its main nuclear reactor could end up isolatin
As U.S. lawmakers grappled over a $700 billion dollar bank bailout plan, one of the nation's largest banks - Washington Mutual Incorporated - collapsed under the weight of its enormous bad bets on the U.S. mortgage market. What is seen as the largest
Members of Congress are demanding more taxpayer protections and more congressional oversight be included in the $700 billion bailout plan that is being debated to rescue failing U.S. financial institutions. Democrats and some Republicans voiced displ
As key U.S. financial officials testified before a Senate committee on Tuesday, Bush administration officials were on Capitol Hill trying to allay concerns and press for action on the $700 billion financial bailout plan. Majority Democrats report pro
North Korea has taken dramatic steps toward fulfilling its threat to resume production of nuclear weapons material. 北韩朝着实现其恢复生产核武器材料的威胁采取了极端的步骤。 The International Atomic Agency, or IAEA, confirm
As Congress debates President Bush's proposed bail out of the bad loans of financial institutions, central bank chief Ben Bernanke told lawmakers Wednesday that the U.S. economy risked very serious consequences if measures were not taken. 美国国会正
U.S. President George Bush says he is confident that Congress will agree on a robust plan to bailout America's troubled financial sector. There is strong opposition to the president's $700 billion rescue plan among lawmakers. 美国总统布什表示,
On Friday, presidential candidates Barack Obama and John McCain are scheduled to hold the first of three debates ahead of November's election. Presidential debates have often played a crucial role in U.S. election campaigns in the past. 美国总统候
U.S. President George Bush says he is still hopeful that an Israeli-Palestinian peace agreement can be reached. Mr. Bush spoke during talks at the White House with Palestinian President Mahmoud Abbas. 美国总统布什说,他对以色列与巴勒斯
Presidential candidates John McCain and Barack Obama are taking a rare break from the campaign trail to join President Bush and congressional leaders at the White House for a meeting on the U.S. financial crisis. McCain and Obama are scheduled for th
Markets made moderate gains Thursday on news that congressional leaders had agreed in principle to a bailout plan for troubled firms on Wall Street. But a White House meeting later in the day highlighted work that still needs to be done to reach a fi
President Bush has met for the first time with Pakistan's new president, Asif Ali Zardari. The meeting came just days after a terrorist attack on an Islamabad hotel that claimed dozens of lives. 布什总统首次会见巴基斯坦新总统扎尔达里
Negotiations are underway in Israel to form a new government after the prime minister resigned. 以色列外长利夫尼开始了组建新政府的任务,目前正在同各政党举行磋商。 Israeli Foreign Minister Tzipi Livni is holding consul
The warring factions in Afghanistan say they will heed a call by the United Nations to stop fighting so aid workers can begin a three-day polio vaccination campaign. The Taliban, the Afghan army and international military forces say they will halt th
U.S. President George Bush says America's economy is facing a pivotal moment in a financial crisis that began with risky home mortgages now spreading throughout the financial system and eroding consumer confidence. Mr. Bush wants Congress to buy up s
As the financial crisis claimed more victims this week on Wall Street, the rest of the world's markets and banks have been in turmoil. In Britain, 45,000 banking jobs are now in jeopardy. 这个星期,随着华尔街 一家又一家的金融机构在
Financial markets in Asia have rebounded after massive central bank intervention and moves by the United States authorities to assist troubled financial firms. While Asia's economic growth prospects are expected to dim in 2009, analysts expect the fi
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