Washington, Sept. 25: U. S. President George W. Bush appealed to the nation Wednesday night to support a 700 billion dollar plan to avert a financial meltdown on Wall Street.
He also invited both major presidential candidates – John McCain and Barack Obama to join him and Congressional leaders at the White House on Thursday to forge a bipartisan compromise.
New York, Sept 25: The meeting between Prime Minister Dr. Manmohan Singh and Republican vice-presidential nominee Sarah Palin in New York today added a glamour quotient to US trip.
The meeting was held on the sidelines of the ongoing UN General Assembly session in New York.
The no show of Republican presidential nominee John McCain didn’t seem to matter as the glamorous new poster girl of the Grand Old Party met Manmohan Singh for half an hour.
New York - South American leaders gathering at the United Nations this week have been touting their own new political union, which was hailed as a coming of age for the continent.
The regional leaders gathered for a closed-door meeting Wednesday of the Union of South American Nations, a collection of 12 countries.
Chilean President Michelle Bachelet, who hosted the body's first emergency meeting last week, hailed the union as a signal that South America could finally manage its own problems.
Last week's Santiago summit, which dealt with a political crisis in Bolivia, "tells us that the values of democracy, dialogue, human rights and peace are becoming stronger than ever in Latin America," Bachelet said.
Washington - US President George W Bush plans to meet Thursday in Washington with presidential candidates Barack Obama and John McCain as well as congressional leaders to discuss the ongoing US financial crisis and a proposed 700-billion-dollar rescue.
Congress turned increasingly skeptical in hearings Wednesday toward the Bush administration's bailout plan. The president was scheduled to give a television address to the nation late Wednesday.
Washington - Presidential candidates Barack Obama and John McCain issued a joint statement late Wednesday on the ongoing financial crisis and proposed
700-billion-dollar rescue plan to revive credit markets.
The American people are facing a moment of economic crisis. No matter how this began, we all have a responsibility to work through it and restore confidence in our economy. The jobs, savings, and prosperity of the American people are at stake," the two senators said.