World Politics

President Bush hails passage of Indo-US nuclear deal by Senate

US President George W BushWashington, Oct 2: US President George W Bush today hailed the Senate's approval of the Indo-US civil nuclear deal and said that it would strengthen global efforts to stall the spread of nuclear weapons.

In a statement Bush said, "This legislation will strengthen our global nuclear nonproliferation efforts, protect the environment, create jobs, and assist India in meeting its growing energy needs in a responsible manner."

He also said that he was looking forward to sign the bill into law and continue to strengthen the US-India strategic partnership.

US affirms support to Pak’s ‘territorial integrity’

Washington, Sept 1: At the end of one-day strategic dialogue in Washington on Tuesday, the US State Department said that America supported Pakistan’s ‘territorial integrity’.

“The US affirmed its support for Pakistan’s sovereignty, independence, unity, and territorial integrity,” the joint statement issued by the US State Department said after the one-day strategic dialogue between Pakistan and the US.

At the meeting, both the sides affirmed their strong commitment to a wide-ranging, substantive, and long-term strategic partnership, based on shared values and a common effort to promote enduring peace, security, stability, freedom, and prosperity of Pakistan and of the region.

Gordon Brown dramatically blames US for world banking crisis

British Prime Minister Gordon BrownLondon, Oct 1: British Prime Minister Gordon Brown has blamed America for the world banking crisis, and said it had a duty to fix it.

Brown said the financial turmoil engulfing Britain started in the US and must be resolved there.

He left American politicians in no doubt they must come to their senses tomorrow and back a rescue deal for their banks, The Sun reported.

US Senate to vote on Indo-US nuclear deal today

Indo-US nuclear dealWashington, Oct 1: The American Senate is set to vote on the Indo-US nuclear deal today, after the US House of Representatives passed the Indo-US civil nuclear agreement by a clear majority (298-117 votes) three days ago.

Senate majority leader Harry Reid said that the legislation on the deal would in all probability be taken up after another pending legislation the Rail Safety Amtrak Bill is voted on by lawmakers.

Reid said on the Floor of the Senate at the start of the day''s proceedings that he was quite sure that it could be finalized so that there could be a vote on the deal.

Chavez, Morales blame "capitalism," "imperialism" for crisis

Chavez, Morales blame "capitalism," "imperialism" for crisis Rio de Janeiro  - Presidents Hugo Chavez of Venezuela and Evo Morales of Bolivia on Tuesday blamed "capitalism" and "imperialism" for the financial crisis that is shaking world markets.

"Nobody knows how far this crash will get. I am among those who believe that the crash of neoliberalism (extreme capitalism) will be worse than that of 1929, it will affect the whole world. No country can say that they will not be affected," Chavez said in the Brazilian city of Manaus.

McCain, Obama push for speedy action on financial plan

McCain, Obama push for speedy action on financial plan Washington  - The US presidential candidates on Tuesday spent the day after a 700-billion-dollar financial rescue plan failed in Congress calling on their colleagues to quickly move to renew the deal.

"I am disappointed at the lack of resolve and bipartisan goodwill among members of both parties to fix this problem," Republican John McCain said at a campaign event in the Midwestern state of Iowa. "Bipartisanship is a tough thing, never more so when you're trying to take necessary but publicly unpopular action. But inaction is not an option."

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