Daily News Channel
For a world first, the announcement came with remarkably little fanfare. But last month, the Swedish Riksbank entered uncharted territory when it became the world’s first central bank to introduce negative interest rates on bank deposits.
In the closing days of Cash for Clunkers, car dealers were turning buyers away, the government website crashed trying to keep up with the paperwork, and even the purple cars were selling. So, what does it tell us about our national character when the most popular government program in years is an economically dubious, environmentally negligible, politically lazy handout from 99% of the population to the other 1%, all aimed at reviving the economy from its vegetative state
A key U.S. Senate committee will hold a hearing on the military’s controversial "don’t ask, don’t tell" policy on gays and lesbians, according to Sen.
He won’t look me in the eye, won’t engage in any small talk, and looks more ill at ease than I feel. The man in front of me is Zabiullah Mujahid — one of two spokesmen for the Afghan Taliban leader Mullah Omar
Less than a day after President Barack Obama told CIA employees in person that he didn’t support prosecuting them for the harsh interrogations of terrorism suspects, he left open the possibility that those who drafted the legal opinions justifying such questionable techniques could end up facing charges. The surprising statement marked just the latest step in Obama’s evolving view of the Bush Administration’s handling of terrorism cases, and it underscored the fine line he is navigating in his stated commitments to uphold the rule of law and at the same time move beyond the divisive Bush years
The most amazing part of the exchange to me is that I didn’t go into the East Room intending to ask President Obama about AIG. WASHINGTON (CNN) — The most amazing part of the exchange to me is that I didn’t go into the East Room intending to ask President Obama about AIG.
Incoming Israeli Prime Minister Benjamin Netanyahu said Wednesday his government will be a "partner for peace" with the Palestinians. Speaking to an economic forum, Netanyahu said, “Palestinians should understand that they have in our government a partner for peace, for security and for rapid economic development of (the) Palestinian economy; I believe that this could be done.” This comes a day after the central committee of the left of center Labor Party voted to join a coalition government headed by Netanyahu, the leader of the right of center Likud party. Under the agreement, Labor leader Ehud Barak would remain Israeli defense minister, and Netanyahu would achieve his goal of broadening a coalition made up mainly of right-wing parties.