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Global: Scenes from a bailout
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.â€
The World Reacts to Sarah Palin's VP Nomination
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...
Campaigning Abroad: A welcome change or an exercise in futility?
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.
