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 f
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. From Washington, VOA's Pur
A new nationwide poll shows that among likely Arab-American voters in November's U.S. presidential election, Democratic candidate Sen. Barack Obama holds a 21-point lead over Republican candidate Sen. John McCain. Mohamed Elshinnawi has more on what
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 contentiou
The host for the first presidential debate between Barack Obama and John McCain, the University of Mississippi, is attempting to showcase the campus that nearly half a century ago drew world attention for a violent racial conflict. VOA's Greg Flakus
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. As VOA's Kurt Achin reports from Seoul, the North's moves to resume activity at its m
A wounded Israeli activist has lashed out at right-wing opponents believed to have targeted him in a bombing. Robert Berger reports from the VOA bureau in Jerusalem. Ze'ev Sternhell (file) A day after he was wounded in a bomb attack, prominent Israe
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 con
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 threat
Swiss adventurer Yves Rossy has become the first man ever to cross the English Channel strapped to a jet-powered homemade wing. For VOA, Tom Rivers in London reports on the hair-raising trip. Yves Rossy lands after flying across English Channel For
The White House and the U.S. Congress are inching closer to a financial rescue deal, but no final agreement is in hand. VOA's Paula Wolfson reports President Bush met Thursday with the two major party presidential candidates and Congressional leader
Malaysia's ruling party has postponed a crucial December election to choose its leaders. VOA correspondent Nancy-Amelia Collins in Jakarta has more. The United Malays National Organization, or UMNO, the biggest party in the coalition that has ruled
Senegal marked the sixth anniversary of one of the worst maritime disasters in history, the sinking of a ferry boat that killed some 1,800 people. The event comes amid a diplomatic row and lingering resentment on the part of the victims' families. V
The U.N. refugee agency reports the number of uprooted Somalis arriving this year in the sprawling Dadaab refugee camp in northeastern Kenya has surpassed 45,000. The UNHCR says thousands of Somali refugees, desperate to escape fighting in their cou
U.S. President George Bush and Afghan President Hamid Karzai met at the White House to talk about improving security in Afghanistan and expanding the Afghan army. VOA White House Correspondent Scott Stearns has the story. President Bush and Afghanis
Major world powers agreed Friday on a new U.N. Security Council resolution on Iran's nuclear program despite tensions between the United States and Russia over Georgia. The draft measure, expected to win swift approval in the full council, reaffirms
The top U.S. military officer, Admiral Mike Mullen tried to ease tensions with Pakistan Friday, saying that now, more than ever, is the time for calm and cooperation. The chairman of the Joint Chiefs of Staff made the remarks one day after U.S. and
Cambodia's new National Assembly was sworn-in Wednesday, giving the Cambodian People's Party a further five-year mandate following its landslide victory in this year's general election. A threatened opposition boycott of the event was abandoned at t
Senior U.S. and Russian officials say the two powers will continue cooperation on ending the Iranian and North Korean nuclear programs despite their bitter disagreement over Russian intervention in Georgia. Secretary of State Condoleezza Rice and Ru
Lawmakers in the U.S. House of Representatives have voiced concern to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke about proposed steps to bailout U.S. financial institutions. VOA's Dan Robinson reports from Capitol Hil
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