South Korea's chief diplomat says a diplomatic process aimed at getting rid of North Korea's nuclear weapons is at risk if Pyongyang continues on its current path. The North's moves to resume activity at its main nuclear reactor could end up isolatin...
As U.S. lawmakers grappled over a $700 billion dollar bank bailout plan, one of the nation's largest banks - Washington Mutual Incorporated - collapsed under the weight of its enormous bad bets on the U.S. mortgage market. What is seen as the largest...
Markets made moderate gains Thursday on news that congressional leaders had agreed in principle to a bailout plan for troubled firms on Wall Street. But a White House meeting later in the day highlighted work that still needs to be done to reach a fi...
Presidential candidates John McCain and Barack Obama are taking a rare break from the campaign trail to join President Bush and congressional leaders at the White House for a meeting on the U.S. financial crisis. McCain and Obama are scheduled for th...
U.S. President George Bush says he is still hopeful that an Israeli-Palestinian peace agreement can be reached. Mr. Bush spoke during talks at the White House with Palestinian President Mahmoud Abbas. 美国总统布什说,他对以色列与巴勒斯...
On Friday, presidential candidates Barack Obama and John McCain are scheduled to hold the first of three debates ahead of November's election. Presidential debates have often played a crucial role in U.S. election campaigns in the past. 美国总统候...
U.S. President George Bush says he is confident that Congress will agree on a robust plan to bailout America's troubled financial sector. There is strong opposition to the president's $700 billion rescue plan among lawmakers. 美国总统布什表示,...
As Congress debates President Bush's proposed bail out of the bad loans of financial institutions, central bank chief Ben Bernanke told lawmakers Wednesday that the U.S. economy risked very serious consequences if measures were not taken. 美国国会正...
North Korea has taken dramatic steps toward fulfilling its threat to resume production of nuclear weapons material. 北韩朝着实现其恢复生产核武器材料的威胁采取了极端的步骤。 The International Atomic Agency, or IAEA, confirm...
As key U.S. financial officials testified before a Senate committee on Tuesday, Bush administration officials were on Capitol Hill trying to allay concerns and press for action on the $700 billion financial bailout plan. Majority Democrats report pro...