TOKYO: Japanese Prime Minister Taro Asos political troubles deepened on Monday as a poll showed his approval rating has dropped below 30 percent and the opposition threatened to boycott parliamentary proceedings….
Reuters - Senate Democrats on Tuesday yielded to the wishes of President-elect Barack Obama and allowed Joe Lieberman to keep his committee chairmanship despite having backed Republican John McCain for the White House.
Wall Street finished sharply lower yesterday as investors pored over more signs of economic weakness, including a huge round of layoffs in the financial sector. After a turbulent week that sent the Dow Jones industrials down nearly 340 points, investors found little solace in the latest news. Stocks zigzagged throughout the session, finally giving way to a stream of late-day selling that left the Dow Jones industrials lower by 223 points. is cutting…
Reuters - The Treasury defended its handling of the financial bailout on Tuesday as American auto and banking woes reverberated around the globe and the International Monetary Fund said it would need rapidly increasing amounts of extra funding to fight the downturn.
AP - Chad Toy’s escape from jail wasn’t what shocked his jailers; it was his plea to be let back in. “When I rang the bell at the jail and told them who I was, they were surprised,” Toy told The Paducah (Ky.) Sun newspaper. “I guess they haven’t seen that before.”
(Updates to midmorning) By Rika Otsuka TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average fell 2.5 percent on Tuesday, as concerns over the weakening global economy hurt exporters such as Sony Corp. Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, was down 3.4 precent on intensifying worries over the financial sector after Citigroup Inc on Monday revealed a…
KAYNA, DR Congo (AFP) - Rebels announced Tuesday they would withdraw from two fronts to give peace a “new chance” in strife-torn eastern Democratic Republic of Congo as government forces faced new charges of looting.