Washington - US authorities need broad new emergency powers to take over non-financial firms whose collapse could threaten the wider economy, the country's top economic officials warned Tuesday in the wake of the bail-out of insurance giant American International Group Inc.
Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke defended the bail-out of AIG, which began in September, as critical to the survival of the US financial system.
Washington - US President Barack Obama took his economic prescriptions to a global and domestic audience on Tuesday, calling for a broader and urgent global response to the world's worst economic crisis in a generation.
Writing in 31 newspapers around the globe, Obama warned that it was up to world leaders holding an emergency summit in London next week to come up with a comprehensive solution to the global recession.
Washington, March 24: A cast of a ‘Hobbit’ skeleton will be publicly displayed for the first time ever at Stony Brook University’s 7th Human Evolution Symposium on April 21, thanks to the National Research and Development Centre for Archaeology in Jakarta, Indonesia.
As the debate rages on about whether Homo floresiensis – the so called “Hobbit” – fossils discovered on the Indonesian island of Flores in 2003, represent a separate human species, the symposium will bring together the researchers currently in the process of describing and analyzing the remains.
Washington, Mar 24: An international team of researchers has created a global map that shows the proportion of malaria infected population at locations throughout the globe – a development which can act as a key tool to help in the control and elimination of the disease.
For developing the map, the researchers used data from nearly 8000 local surveys of rates of infection by Plasmodium falciparum.
Washington, Mar 24: Jaws has been voted the ‘Best Ever James Bond Character’ in a new poll.
The metal-mouthed villain, who was portrayed in ''The Spy Who Loved Me'' and ''Moonraker'' by Richard Keil, topped the survey of 4,900 film fans, reports Contactmusic.
Jaws beat Q, the Head of Research and Development for British Intelligence - originally played by Desmond Llewellyn and in later films by John Cleese - into second place.
Washington - Investigators suspect that overloading might have caused the crash of a small passenger plane that killed 14 people, including seven children Sunday, broadcaster ABC reported Monday.
But because the single engine Pilatus PC-12 was not required to carry a black box recording device, it may be difficult to ascertain the exact cause of the deadly disaster.
Washington - US authorities need broad new emergency powers to take over non-financial firms whose collapse could threaten the wider economy, the country's top economic officials warned Tuesday in the wake of the bail-out of insurance giant American International Group Inc.
Washington - US President Barack Obama took his economic prescriptions to a global and domestic audience on Tuesday, calling for a broader and urgent global response to the world's worst economic crisis in a generation.
Washington, Mar 24: An international team of researchers has created a global map that shows the proportion of malaria infected population at locations throughout the globe – a development which can act as a key tool to help in the control and elimination of the disease.
Washington, Mar 24: Jaws has been voted the ‘Best Ever James Bond Character’ in a new poll.
Washington - Investigators suspect that overloading might have caused the crash of a small passenger plane that killed 14 people, including seven children Sunday, broadcaster ABC reported Monday.
