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Obama to name Geithner, Summers to economic posts

New York City :: NY :: USA | about 10 hours ago | Political News

Posted by LewisStanley

President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council, transition officials said. If confirmed by the Senate, Geithner, 47, president of the...

41 news stories / 3 blog posts / 8 images / 8 videos / 0 voices

Obama: 'Millions of jobs' in danger next year

Washington :: DC :: USA | about 9 hours ago | Political News

Posted by cooldiponline

WASHINGTON - U.S. President-elect Barack Obama said on Saturday that he was crafting an aggressive, two-year stimulus plan to revive the troubled economy, warning that swift action was needed to prevent a deep slump and a spiral of falling prices....

34 news stories / 5 blog posts / 3 images / 12 videos / 2 voices

Obama plan aims for 2.5 million new jobs by 2011

Washington :: DC :: USA | about 10 hours ago | Political News

Posted by LewisStanley

President-elect Barack Obama, who is set to announce his economic team, promoted an economic plan Saturday he said would create or save 2.5 million jobs by spending billions of dollars to rebuild roads and bridges and modernize schools while developing...

38 news stories / 2 blog posts / 5 images / 26 videos / 1 voice

Obama, Bush urge vastly different approaches to ease economic crisis

Washington :: DC :: USA | about 13 hours ago | Political News

Posted by pranay

WASHINGTON -- The incoming and outgoing presidents Saturday urged solutions to the country's economic crisis that seemed to be worlds apart. President-elect Barack Obama, reversing his post-election practice of not announcing major policy initiatives until he takes office, promised a...

36 news stories / 0 blog posts / 11 images / 25 videos / 1 voice

Pakistan says it is for nuclear-free South Asia

Islamabad :: Pakistan | about 2 hours ago | Political News

Posted by kalex

Pakistan's president assured rival India he would not be the first to use atomic weapons in any future conflict and proposed the idea of a nuclear-free South Asia. Pakistan's nuclear doctrine does not contain a clause saying the country will...

11 news stories / 5 blog posts / 0 images / 20 videos / 1 voice

Rescue plan to include limited safety net

Jerusalem :: Israel | about 11 hours ago | Political News

Source: Globes Online

Ministry of Finance, Bank of Israel , and Israel Securities Authority officials have reached a plan to encourage investment in the capital market and reduce panic, after marathon talks that began on Thursday. The plan will be sent today to...

10 news stories / 0 blog posts / 11 images / 10 videos / 0 voices

Maternity leave plan could be shelved

Sydney :: Australia | about 16 hours ago | Political News

Source: The Daily Telegraph

Federal Government's coffers continue to shrink on the back of the global financial crisis. Prime Minister Kevin Rudd pledged in September the government would "bite the bullet" and introduce a scheme, but the financial crisis has placed a question mark...

10 news stories / 1 blog post / 30 images / 30 videos / 0 voices

Clinton pick raises eyebrows

Tehrān :: Iran | about 18 hours ago | Political News

Source: The Journal Gazette

There is possibly no person President-elect Barack Obama considered for secretary of state who is more reliably pro-Israel than Sen. Hillary Rodham Clinton. During the Democratic primaries, the New York senator said the United States could “obliterate” Iran if it...

12 news stories / 30 blog posts / 30 images / 30 videos / 0 voices

Pearls of Wisdom but Difficult to Understand

Islamabad :: Pakistan | about 6 hours ago | Political News

Posted by ahmad

President Zardari, while addressing the ‘Leadership Conference’ organized by India Times in Delhi on November 22, made some very interesting remarks which are not easy to understand. President Zardari could perhaps explain his following remarks!! • I do not feel...

5 news stories / 3 blog posts / 4 images / 4 videos / 2 voices

Voting disrupted in Rajouri after clashes

Jammu :: India | about 12 hours ago | Political News

Source: The Hindustan Times

Polling was disrupted on Sunday at half a dozen polling stations in Darhal and Rajouri constituencies in the Jammu region following clashes between supporters of various political parties and independent candidates. The police had to open fire to disperse stone-pelting...

7 news stories / 7 blog posts / 13 images / 12 videos / 0 voices