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Russian legislators vote in favour of longer presidency

News from at 9 minutes ago

Russia's lower house of parliament on Friday approved on final reading a constitutional amendment extending the presidential term of office from four to six years. More

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U.S. attorney general collapses during dinner speech

News from at 19 minutes ago

U.S. Attorney General Michael Mukasey was hospitalized Thursday night after he collapsed during a speech in Washington, DC, and lost consciousness. More

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Congress Gives Automakers Homework

News from at 19 minutes ago

Lawmakers considering a $25 billion aid package for the auto industry made getting a plan from carmakers a condition for getting the money. House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid say if there's a viable plan, Congress might return to work in early next month for a vote. More

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Will Credit Rating Agencies Be Monitored?

News from at 19 minutes ago

The G-20 last weekend committed to exercising strong oversight of credit rating agencies. Many of the financial instruments that are at the heart of the financial crisis had been given triple-A ratings, meaning they were supposed to be of the highest quality. That turned out to be wrong. Will the G- More

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Sen. Dodd Frustrated By Banks' Use Of Funds

News from at 19 minutes ago

Christopher Dodd, chairman of the Senate Banking Committee, says he's frustrated with how banks are using funds provided by the government. He also thinks the Treasury Department has been too slow in addressing the mortgage crisis. Dodd tells Steve Inskeep that Congress may have to reconsider some p More

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Lending Stalls, Banks On Sidelines

News from at 19 minutes ago

Stock prices are at six-year lows. Over the past two days the Dow Jones industrial average has lost more than 6 percent of its value. The $700 billion bailout was supposed to stabilize the financial industry and get banks lending again. But that hasn't happened yet. More

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Germany to Increase Borrowing as Economic Forecast Darkens

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Germany's Grand Coalition is set to substantially increase its net borrowing in 2009 -- the first time since coming to office. The news comes as an industry poll predicts job losses of 215,000 in Germany next year. More

 comments icon 0 comments  popout reader Read Here  source url Deutsche Welle Direct

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Citi Weighs Its Options, Including Firm's Sale

News from at 20 minutes ago

Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter. More

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Report predicts U.S. decline, Russia rise

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Global warming could be a boon to Russia while the U.S. could further decline in importance during the next two decades, says a U.S. intelligence report with predictions for the world in 2025. More

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Wenger 'will stick with Gallas'

News from at 29 minutes ago

Former Arsenal defender Nigel Winterburn believes Arsene Wenger will keep faith with William Gallas as captain, despite his recent outbursts. More

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UN Approves More Peacekeepers for DR Congo

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The UN Security Council has authorized the deployment of 3,000 new military and police personnel to help end the fighting in the eastern Democratic Republic of Congo. More

 comments icon 0 comments  popout reader Read Here  source url Deutsche Welle Direct

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Obama team springs leaks

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Barack Obama was famously able to impose discipline and control over his presidential campaign, but it didn't take long for him to discover that running a transition is something quite different. More

 comments icon 0 comments  popout reader Read Here  source url MSNBC Direct

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U.S. Navy says no word on Somali pirate ransom demand

thumbnail News from at at 3:50 AM on Friday 11/21

DUBAI (Reuters) - The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom. More

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Hollywood talks over actor's row

News from at at 3:50 AM on Friday 11/21

Studios and an actors' unions meet in Hollywood amid deadlocked talks over payment contracts. More

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FOX411: Rosie Will Get the Last Laugh

thumbnail News from at at 3:40 AM on Friday 11/21

It's Rosie O'Donnell vs. Barbara Walters, and sorry: Rosie will get the last laugh. More

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Report Blasts "Joe The Plumber" Probe

News from at at 3:30 AM on Friday 11/21

An agency director improperly used state computers to find personal information on a McCain supporter who became known as "Joe the Plumber" during the presidential campaign, Ohio's government watchdog has said in a report. More

 comments icon 0 comments  popout reader Read Here  source url CBS Direct

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Shoot-out in north Lebanon city

News from at at 3:30 AM on Friday 11/21

One person is killed and three are wounded in a shoot-out in the northern Lebanese city of Tripoli, security forces say. More

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SA 'racist' killer faces prison

News from at at 3:30 AM on Friday 11/21

A judge is due to sentence an 18-year-old white South African, who has admitted killing four black people. More

 comments icon 0 comments  popout reader Read Here  source url BBC Direct

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China woman loses fight for home

thumbnail News from at at 3:20 AM on Friday 11/21

Workers tear down the home of Chinese activist Ni Yulan, now in detention after fighting for six years to save it. More

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Report: Ashlee Simpson Gives Birth to Baby Boy

thumbnail News from at at 3:00 AM on Friday 11/21

Ashlee Simpson and Pete Wentz have welcomed a baby boy, People magazine reports. More

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