Washington - There is a higher risk of a terrorist attack in the United States during the transition between the Bush and Obama administrations, the nation's top homeland security chief said Wednesday.
"Any time there's a transition there's a danger or a risk that vulnerability (to terror attacks) will increase because people become distracted," Homeland Secretary Michael Chertoff said, according to CNN. "People are leaving; people are coming in and that's a disruptive process for any organization."
The Hague - Rotterdam is preparing to host former world leaders and opinion makers for the first Global Forum on Leadership for Shared Societies on November 12-14.
The conference, titled "Building a world safe for difference," is an initiative of the city of Rotterdam and the so-called Club of Madrid, an independent organization dedicated to strengthening global democracy.
Taipei - Chinese envoy Chen Yunlin, the highest level Chinese official to visit Taiwan in more than half a century, Thursday escaped a protest barricade that had pinned him down for six hours.
Chen was escorted under police protection from the Regent Hotel, where he had attended a banquet Wednesday evening only to find the building under siege by hundreds of anti-China protestors when he tried to leave.
Riot police were unable to disperse the protesters. He was finally escorted to safety at 2 am Thursday.
San Francisco - Wells Fargo, the biggest bank on the US west coast, said Wednesday it would issue 10 billion dollars in stock to help pay for the takeover of Wachovia Corp.
Wells Fargo triumphed in a bitter takeover struggle against Citigroup weeks ago to acquire the troubled Wachovia - a takeover that came amidst massive turmoil and bankruptcies in the finance industry.
Washington - One day after congressional elections, four races in the Senate remained undecided Wednesday and the outcome in a handful of contests in the House of Representatives were still uncertain.
But it was clear that Democrats had widened their majorities in both chambers.
Democrats capitalized on the backlash against Republicans and President George W Bush to pick up seats. The Democrats won three Senate seats vacated by retiring Republicans in Virginia, New Mexico and Colorado, while Democratic challengers ousted two of their Republican opponents in New Hampshire and North Carolina.
San Francisco - Networking giant Cisco Systems held quarterly profits stable at 2.2 billion, it said Wednesday. But the Silicon Valley bellwether warned that the challenging economy would drop fiscal second quarter revenues by between 5 and 10 per cent.
The company posted revenues for the quarter of 10.3 billion dollars, up 8 per cent for the same period last year.