In what U.S. Treasury Secretary admitted was a â€œhumbling, humbling timeâ€ for the country, Congressional members of Americaâ€™s two major political parties spent the weekend hammering out a rescue package for the nationâ€™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 â€œtroubled mortgage assets of crippled financial firms.â€
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...
The War on Terror, the U.S. recession, health care and theories of global warming are just some of the issues that will play a factor in who becomes the 44th U.S. president. But, as the campaign plays out, will decisions be made on how the candidates treat or see each other?
With the massive deployment of Russian forces in Georgia, the small South Caucasus country's conflict with Moscow over the breakaway region of South Ossetia has obvious political ramifications thousands of miles away in the United States where presidential elections will be held on 4 November. With some alleging that the crisis reflects a struggle between the West and Russia, where the U.S. Presidential candidates stand on the matter is fast becoming a significant campaign issue.
They call it a â€œbig step.â€ Thatâ€™s what Barack Obama took Tuesday when he won the North Carolina Democratic Primary hands down and was narrowly defeated in Indiana by Senator Hillary Clinton. John Liebhardt brings us the reactions of bloggers around the world commenting early on the two primaries, who say that the show for the Democratic race is nearly over.
While Super Tuesday has come and gone in the U.S., conversations carry on in its wake among bloggers in the booming Japanese blogosphere. What do bloggers in the world's second largest economy think of the presidential elections of their major trading partner? In this post: Japanese views on Clinton, Obama, Edwards, McCain and Ron Paul.