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Tuesday's Senate Banking Committee hearing on the bailout may not reassure anyone. Paulson argued that the Bush Administration's plan is "the single most effective thing we can do to help homeowners, the American people, and stimulate our economy." And he stressed that despite fears on Capitol Hill, he...
The brazen nature and devastation wrought by the attack has provoked a level of public condemnation not heard since the assassination of former prime minister Benazir Bhutto last December. Local headlines labeled the atrocity "Pakistan's 9/11," and in his first televised address since assuming office, President Zardari urged Pakistanis...
Somchai, who was named as caretaker Prime Minister when Samak was stripped of that position last week, quickly lifted the state of emergency the former P.M. had declared after clashes between the PAD and a pro-government group turned deadly late last month. The move was, in part, designed to...
It was a traumatic day for financial firms - Lehman Bros. declared bankruptcy, Bank of America swallowed Merrill Lynch, and AIG scrambled to prevent becoming the next casualty. What does it all mean to you? Here are some questions worried investors and homeowners might be asking.
The firecrackers that crackled in the plaza of the central city of Morelia late Monday in celebration of Mexico's independence day served as a prelude to a nastier set of explosions. When the smoke cleared, more than 100 revelers lay bleeding on the paving stones. The clearly stunned state...