Stories Czech Republic

Global: Scenes from a bailout

  September 22, 2008

In what U.S. Treasury Secretary admitted was a “humbling, humbling time” for the country, Congressional members of America’s two major political parties spent the weekend hammering out a rescue package for the nation’s financial beleaguered system. The plan, if ratified as expected by Congress, calls on the U.S. government to spend up to $700 billion purchasing “troubled mortgage assets of crippled financial firms.”

The World Reacts to Sarah Palin's VP Nomination

  August 29, 2008

Less than twelve hours after Democratic presidential nomination Barack Obama made waves with his acceptance speech at the Democratic National Convention, John McCain made tsunami with his selection of Alaskan Governor Sarah Palin as running mate. Palin was the youngest person ever, and the first woman to be elected to...

Campaigning Abroad: A welcome change or an exercise in futility?

  July 21, 2008

With both candidates spending some time abroad to explain their foreign affairs strategies (Obama currently in Afghanistan and soon in Europe, McCain in Mexico and Colombia) the rest of the world wonders whether they should celebrate this new emphasis on international relations or expect a potential backlash for either candidates.