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US GDP drops 0.5%, more declines seenWASHINGTON (AFP) - The US economy shrank at a 0.5 percent pace in the third quarter, the government said Tuesday in a revised estimate for gross domestic product that many analysts say is the start of a steep downturn. ... |
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US economy shrank 0.5% in 3rd quarterWASHINGTON (AFP) - The US economy contracted at a 0.5 percent pace in the third quarter, the government said Tuesday, revising down its earlier estimate for gross domestic product (GDP). ... |
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Bin Laden driver release from GuantanamoThe Pentagon has confirmed Osama bin Laden's former driver is being released from the Guantanamo Bay detention centre and will be taken to his native Yemen to serve the last few weeks of his sentence there. ... |
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Venezuela welcomes russian warshipsLA GUAIRA, Venezuela -- Russian warships sailed into a Venezuelan port Tuesday, greeted by a 21-gun salute and an eager welcome from President Hugo Chavez as Moscow seeks to expand its influence in Latin America. Russians sailors dressed in... ... |
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President-Elect Obama Unveils His Economic TeamCitigroup just received a much needed transfusionfrom the government: Wall Street showed clear relief Monday over the government's plan to bail out Citigroup Inc. — a move it hopes will help quiet some of the uncertainty hounding the financial sector and the overall economy. The major indexes j ... |
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Thai protesters besiege PM's temporary office: policeBANGKOK (AFP) - Around 10,000 anti-government protesters Tuesday besieged the Thai prime minister's temporary offices at an abandoned airport, in their latest bid to stop the government functioning, police said. ... |
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