Chinese president warns on economy

"BEIJING, China (AP) -- Chinese President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis as he told Communist Party leaders the challenge posed a test...

City Governments are now going into Debt Billions of Dollars

While this story focuses on Houston, other large cities are mentioned to be in the same boat as Houston.  Failure of city governments is an area that will effect local citizens on various levels."HOUSTON -- The...

Iran expands nuclear operations

This report does make the world look to Israel to continue to use restraint and not do anything that would create havoc in such an unstable part of the world."Iran has expanded its controversial nuclear programme and...

An Indian in every Pakistani?

"Shireen M Mazari The writer is a defence analystLack of formal education and sheer ignorance does not by definition imply an innate sense of stupidity. On the other hand, formal education in itself is no guarantee of an intelligent and rational human...

World leaders start gathering for G20 summit

World leaders have started gathering for the G20 Summit in Washington DC this weekend, in their latest attempt to solve the global financial crisis. The summit will look at developing long-term ideas to deal...

APEC - It's a Wrap!

APEC leaders wrapped up their two day summit by posing for pictures in ponchos of native Peruvian alpaca.  " With models from Paris to New York strutting down runways in Peruvian fleeces, it didn't come as...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

The Dirty Secret of the Financial Crisis: Our Banking System's Broken

"Henry Paulson's $700 billion plan to save the world is dead or dying, but the bailout was not killed by his arrogance or his grossly misleading claims about what the public's money would buy. The plan collapsed because it didn't work. The Treasury secretary has launched a PR...

Prime Minister Harper compares economic crisis to 1929

In a Saturday speech to about 1,000 chief executives of companies from the 20 Pacific Rim countries that make up APEC, Prime Minister Harper called on governments to increase spending, maintain open trading...

APEC leaders: Trade protectionism is road to ruin

As US President George W Bush made a stong advocacy towards capitalism, all nations agreed on keeping free trade. " LIMA, Peru (AP) - Leaders of 21 nations that comprise half the world's economy say it's vital not to abandon free trade _ no matter how punishing the global...

Sarah Palin says Republican Party must return to its Core Values

Sarah Palin, former vice presidential nominee and Alaska Gov. speaking to the annual meeting of the republican governors association, said her defeated party must return to core values for instance limited government...

We can kick start the economy with cash, Brown urges world leaders

UK prime minister Gordon Brown is making the case that Britain will have to undertake a stimulus package similiar to that being proposed in other countries in order to revive the economy. But so far, the specifics of how this would be done haven't been desctribed. Brown could...

Governor of Pakistan's central bank listed among 10 outstanding Asian women l...

Dr. Shamshad Akhtar, the governor of Pakistan's central bank, has been listed in the ten outstanding women leaders in Asia. "KARACHI: State Bank of Pakistan (SBP) Governor, Dr. Shamshad Akhtar has been listed among...

Pakistan: 13 dead in suspected missile strike

Pakistan: 13 dead in suspected missile strikeISLAMABAD, Pakistan (AP) — A suspected U.S. missile strike killed at least 13 people near the Afghan border Friday, security officials said, the latest in a surge of attacks that a top American general said has eliminated three...

A Standard for Leadership

"Jamie Lee Curtis, in a thank you letter to Barack Obama, sets a fantastic standard for what leaders should be, using the words of Rudyard Kipling’s If: If you can keep your head when all about you Are losing theirs and blaming it on you; If you can trust yourself when all...

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