After firing the CEO of General Motors and putting Chrysler on a path that could lead to bankruptcy, the still-popular President Obama moved from the domestic battlefield to the international one. But the subject is the same, with no relief in sight: the woeful world economy
Tag Archives: china
The G-20’s Hidden Issue: A Global Trade Imbalance
No one asked President Barack Obama directly about the elephant in the room on Wednesday. But he brought it up anyway, during a joint press conference with British Prime Minister Gordon Brown
Fake Pandas! And Other April Fools’ Day Hoaxes
The annual assaults can be either subtle or brazen. And, really, people should see them coming.
Explainer: Who’s who at the G-20
The prospects are not good.
Airline grounds 60 jets for safety inspections
Atlantic Southeast Airlines has grounded 60 jets to conduct engine safety inspections, a spokeswoman said Wednesday.
Crunch-hit tycoon loses bid to cut divorce payout
A British court Wednesday told a business financier he would still have to pay a $13.6 million divorce settlement despite losing a fortune in the credit crunch. It’s April Fools’ Day — when media outlets around the world take a break from the serious business of delivering news and play fast and furious with the facts
Singapore sees India, China role growing
The current global economic downturn will change the worldwide power structure, giving China and India a stronger role to play in the future, Singapore’s foreign minister said Tuesday. “China and India will continue to grow and by the time this is all over, the global landscape will look quite different,” George Yeo told a group of visiting foreign journalists
How will April Fool’s worm impact you?
Remember the dire predictions surrounding the ‘millennium bug?’ The doom-and-gloom scenarios bandied about by security analysts on how computers could act when their clocks turned to January 1, 2000? Well, researchers are hoping that a potential April Fool’s time bomb — the Conficker.c that is supposed to hit computers on April 1 — turns out to be equally unfounded.
Pirates captured after attacking German tanker
Seven suspected pirates are in German custody after they fired on a naval tanker off the coast of Somalia and were pursued by warships, the German military said. Well, researchers are hoping that a potential April Fool’s time bomb — the Conficker.c that is supposed to hit computers on April 1 — turns out to be equally unfounded
Report: North Korea planning to put American reporters on trial
Two American journalists detained in North Korea entered the country illegally and intended "hostile acts," according to the nation’s state-run news service, KCNA. “The illegal entry of U.S.