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...

Citi Rescue Talks Underway

"The market shrugged off the prospect of a Citigroup meltdown and focused instead on the leak that Timothy Geithner was Obama's pick for Treasury Secretary. Citi fell another 20%, its shares dropping below $4. Have banking catastrophes become so routine that it is now...

China welcomes UK Tibet decision

"China welcomes UK Tibet decision Zhu Weiqun speaks on Tibet A senior Chinese official has welcomed the UK's decision to recognise Beijing's direct rule over...

How do Arabs view Barack Obama’s choice for chief of staff

"Written by www.daily.pk    Friday, 07 November 2008 18:30 "There could not be a more provocative appointment than Rahm Emanuel, if he wanted to send a signal that he is going to stick by a quite hard-line pro-Israel policy..." A day after his...

UK energy prices rise twice of EU average

The astonishing rise of gas and electricity prices in Britain have been a worrying trend to many British consumers. Those consumers may be distressed today to learn that gas prices in the UK have risen at twice the EU average. This may frustrate them considering that the UK...

The latest on the 2008 presidential race exit polls

"The networks will follow strict rules Tuesday on projecting election results, examining not only the data from exit polls but actual vote tabulation and turnout data. NBC — which keeps its decision desk isolated from the calls made by competing networks — will call a...

Election Day: Presidential Results

"As the official numbers are calculated today when the polls begin to close, we'll give you the run-down here, state by state. We'll update this story with the most recent coverage as it becomes available, so check back throughout the day and night.So far early voting is...

India v Australia, 3rd Test: Match ends in draw

"The third test between India and Australia at Feroz Shah Kotla in Delhi ended in a draw as the two sides decided that a result was not probable early in the afternoon session. Scorecard - India vs Australia - 3rd Test Earlier in the day, Gambhir and Dravid started their...