United States

Stem cell breakthrough may hold hope for cancer cure

Washington, October 14 :

McCain would likely continue court's rightward shift

McCain would likely continue court's rightward shiftWashington - John McCain did not mince words in his reaction to an important Supreme Court decision in June on the rights of suspected terrorists imprisoned at Guantanamo Bay, Cuba.

McCain called the 5-4 the ruling "one of the worst decisions in the history of this country," adding that it would result in the courts being flooded by a wave of frivolous challenges.

Wall Street stages massive rally on European rescue plans

Wall Street stages massive rally on European rescue plans New York - Wall Street delivered one its largest gains ever on Monday as a series of financial rescue plans around the world and efforts to boost liquidity heartened investors.

Stocks were up more than 11 per cent on the major US indices.

In its largest-ever point gain, the blue-chip Dow Jones Industrial Average surged 936.42 points, or 11.08 per cent, to 9,387.61.

Obama unveils economic plan, pulls ahead in polls

Obama unveils economic plan, pulls ahead in polls Washington - Democratic presidential hopeful Barack Obama on Monday called for new measures to spur job growth and help homeowners threatened by foreclosure stay in their homes, as national polls showed the candidate pulling strongly ahead of Republican John McCain as voters focus on the economy.

Jordan premier urges Israel to stop all settlement activity

Jordan premier urges Israel to stop all settlement activity Amman - Jordanian Prime Minister Nader Dahabi on Monday urged Israel to stop all settlement activity in the Palestinian territories, saying such practices "do not serve the quest of peace".

Dahabi was speaking at a meeting with the UN Special Coordinator for the Middle East Robert Serry. He also urged a continuation of peace talks between Israel and the Palestinians "regardless of political developments".

US moving quickly on bail-out, hopes "healthy" banks participate

US moving quickly on bail-out, hopes "healthy" banks participate Washington - The US Treasury official heading up the government's 700-billion-dollar rescue of the financial system said Monday officials were working "quickly but methodically" to implement the plan.

Neel Kashkari outlined the government's progress in the plan to buy up mortgage-backed securities that have weighed on banks' balance sheets, leading to the collapse of several major financial institutions and a freezing of the credit markets over the past several weeks.

Pages