U.S. President-elect Barack Obama says he intends to do whatever it takes to stabilize the U.S. economy, restore consumer confidence and create jobs. Mr. Obama spoke during his first major post-election interview. 美国当选总统奥巴马说,他将
India's finance minister is calling for price cuts, as well as a drop in interest rates, to stimulate demand as growth slows in the nation of 1.2 billion people. Palaniappan Chidambaram says, despite the global economic crisis, a dip in Indian export
In testimony to Congress, the U.S. treasury chief and central bank chairman have strongly defended their management of the $700 billion financial and credit market rescue program. The officials faced tough questions from lawmakers about how governmen
Russian Prime Minister Vladimir Putin says the global economic crisis tests the stability of all countries, including his own. Mr. Putin is expressing confidence that Russia has adequate financial resources but Russia may now be spending money faster
Australian Prime Minister Kevin Rudd will push his plan for a European Union-style forum in the Asia-Pacific region at the APEC summit in Peru. Mr. Rudd says early negotiations have been positive. 澳大利亚总理陆克文将在秘鲁举行的亚太经
U.S. President George Bush is in Peru for his final Pacific Rim summit. After his arrival Friday, Mr. Bush met with Chinese President Hu Jintao in Lima ahead of the two-day Asia-Pacific Economic Cooperation summit, which opens Saturday. This is expec
Many Indian companies are slowing expansion plans as they cope with the global economic downturn. It is a huge change from last year when Indian companies spent billions of dollars on acquisitions both at home and overseas. 为了应对全球经济下行
Africa's top peace and security official is appealing to Somalia's elders to use their influence to stop the piracy that threatens commercial traffic through the strategic Gulf of Aden. African and European officials have signed a deal to provide the
With the reeling U.S. economy his top concern, President-elect Barack Obama will announce members of his economic team at a news conference Monday. Mr. Obama and his aides are signaling their intention to lay the groundwork for swift action on the ec
Afghan President Hamid Karzai says he has spoken with U.S. President-elect Barack Obama about the effort to improve security in Afghanistan next year. Meanwhile, U.S. military in Afghanistan says Afghan and coalition forces have killed 17 Taliban ins
Aid agencies say recent fighting in the Democratic Republic of Congo has led to the widespread separation of family members. More than 250,000 people are believed to have been displaced since fighting resumed between rebels and government forces in A
U.S. Treasury Secretary Henry Paulson has defended his handling of the $700 billion financial bailout package. Paulson spoke Thursday at the Ronald Reagan Presidential Library in Simi Valley, California, he called for cautious reforms in the U.S. and
Stock markets in Asia have followed the downward trend set by Wall Street as fears mount over the state of the ailing global economy. The Australian government says it is hopeful that a coordinated response to the world's economic problems will emerg
The United States Monday expressed disappointment over the failure of a southern African regional effort to get the main Zimbabwean parties to agree on power-sharing. Officials say new U.S. sanctions are possible if President Robert Mugabe fails to g
As leaders of leading developing and advanced economies prepare to meet in Washington November 15 to discuss weakening conditions in the global economy, there is an expectation that they will endorse increased government spending to maintain economic
Monday's meeting at the White House between President George Bush and President-elect Barack Obama is the latest symbol of a presidential transition that appears to be moving ahead smoothly, at least initially. 美国现任总统布什和当选总统奥
Expanded Democratic majorities in the U.S. Senate and House of Representatives as a result of Tuesday's election could help President-elect Barack Obama implement an ambitious agenda next year. But analysts say no one should expect Democrats to autom
World markets slumped Tuesday amid persistent worries of a deepening global recession. U.S. shares were lower in Tuesday's trading despite new government-led efforts to stem home foreclosures as well as discussion of ways to assist the troubled Ameri
The United States says the reported test of a new Iranian ballistic missile underscores that country's threat to the Middle East and Europe, including Russia, which has opposed a planned U.S. regional missile defense system. Big-power diplomats are e
U.S. Secretary of State Condoleezza Rice says the U.S. presidential election held on November 4 was an example for the world in how a nation can overcome internal differences. Rice spoke at the 15th anniversary of the James Baker Institute for Public
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