U.S. and Europe Union leaders agreed on Thursday to meet at the weekend to prepare for a global summit to overhaul the world's financial system, while fears of global recession continued to rattle markets.
Central banks renewed efforts to free up liquidity and unblock frozen lending, with further action from Switzerland, Britain and the European Central Bank.
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U.S.Secretary of State Condoleezza Rice arrived in the Indian capital Saturday to commemorate - but not put her signature to - a historic deal that opens up U.S. nuclear trade with the Asia giant.
Read more »The U.S. military says it has killed a senior al-Qaida in Iraq leader suspected of masterminding deadly bombings in Baghdad.
Read more »The U.S. House of Representatives has approved a $700 billion bailout bill, a RIA Novosti correspondent said on Friday.
The Emergency Economic Stabilization Act of 2008 went through in a 263-171 vote after three hours of debating. The bill will still need to be signed into law by the president.
Read more »Barack Obama proposed reforms on Monday to rein in practices that led to the worst U.S. financial crisis since the Depression, while White House rival John McCain touted his own remedies and accused Obama of failing to provide leadership.
Read more »The Russian Bear is back, and the United States doesn't seem to be able to do much about it.
Read more »The Russian Bear is back, and the United States doesn't seem to be able to do much about it.
The United States saw trouble coming between Russia and Georgia, a former Soviet republic turned nemesis, but didn't have enough leverage, focus or resolve to intervene. Even Secretary of State Condoleezza Rice, a specialist on the old Soviet Union, may have misjudged the combustible combination of Russian grievance and ambition.
Read more »Some 13,000 companies in 21 U.S. cities, including Denver, Las Vegas and New York, are measuring their carbon footprints using a system developed in the United Kingdom, media reports said Monday.
Read more »U.S. researchers have created the world's first "human eye" camera that could revolutionise photography, according to meida reports Thursday.
The prototype device is about the same size and shape as a real eye and has a curved "retina" that is sensitive to light.
Digital cameras work by focusing light onto a silicon chip containing light-sensitive pixels. But expanding the field of view leads to distortion around the edges. That's why vertebrate eyes are round -- to capture more of a scene without losing clarity.
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