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
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
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
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'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
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
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
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
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
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
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