UN Secretary-General Ban Ki-moon today strongly condemned the series of car bombings in northern Spain over the past two days that have left at least one person dead and wounded several others.
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The United Nations World Health Organization (WHO) said today that, contrary to claims by advertisers, the electronic cigarette - a battery-powered product usually made of stainless steel and resembling a real cigarette - has not been proven a safe …
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WASHINGTON (Reuters) - Goldman Sachs and Morgan Stanley gave up their cherished investment banking status in return for cover under the Fed’s wing to survive a financial storm that U.S. authorities aim to tackle with a $700 billion bailout plan.
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WASHINGTON (Reuters) - The Bush administration asked Congress on Saturday for $700 billion to bail out firms burdened with bad mortgage debt, seeking extraordinary authority as it tackles the worst financial crisis since the Great Depression.
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The United Nations humanitarian relief chief made a passionate plea today for more funding to avoid a famine in the Horn of Africa on the scale witnessed in the 1980s.
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WASHINGTON (Reuters) - The United States surged into action on Friday to launch an all-out attack against the worst financial crisis since the Great Depression, readying a plan to tap hundreds of billions of dollars in taxpayer funds to buy up toxic mortgage-related debt.
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NEW YORK/WASHINGTON (Reuters) - Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed a taxpayer-funded mopping up of toxic mortgage-related debt and Britain cracked down on short selling of bank stocks.
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A recent Gallop poll reports that 79% of “purple state” consumers believe the economy is getting worse and 42% rate it as “poor.” The very real financial crunch they are feeling can be blamed on the rising costs for gasoline, food, health care or housing. …
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The ITUC strongly protests against the arrests of trade unionists and prominent politicians today in Mbabane, Swaziland, while they were proceeding to the Swazi-South African border in protest over worsening conditions in Swaziland.
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HONG KONG (Reuters) - Wall Street dealmaking reached fever pitch, with Morgan Stanley holding preliminary sale talks, while other financial firms scrambled to find buyers as fear gripped markets, sending Asian stocks sharply lower.
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