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World News

Published:Friday | September 26, 2008 | 2:13 PM

Several Republican members of the US Congress have reportedly blocked the government’s US$700 billion bailout of the US financial industry.

Published:Friday | September 26, 2008 | 10:28 AM

US political leaders are continuing talks on a US$700b bailout plan to revive the financial sector.

Published:Thursday | September 25, 2008 | 1:54 PM

The European Commission (EC) is imposing a ban on EU imports of Chinese baby food that contain any traces of milk, while other Chinese food will undergo tests.

Published:Thursday | September 25, 2008 | 1:53 PM

Venezuelan President Hugo Chavez has signed a series of energy co-operation deals with China.

Published:Thursday | September 25, 2008 | 1:53 PM

The deputy leader of South Africa\'s ruling party Kgalema Motlanthe has been sworn in as caretaker president, replacing Thabo Mbeki.

Published:Thursday | September 25, 2008 | 9:16 AM

South Africa\'s parliament is set to choose an interim president, following the resignation of Thabo Mbeki.

Published:Wednesday | September 24, 2008 | 1:48 PM

The Federal Bureau of Investigations has begun a probe into four major US financial institutions caught up in the current financial crisis.

Published:Wednesday | September 24, 2008 | 1:47 PM

Finland\'s Prime Minister, Matti Vanhanen has called for gun laws to be tightened after a gunman shot dead 10 people at a school yesterday.

Published:Wednesday | September 24, 2008 | 1:27 PM

Lawmakers in the US have expressed strong scepticism about a bailout of the banking system, following a Senate hearing on the rescue plan.

Published:Tuesday | September 23, 2008 | 2:51 PM

South African President Thabo Mbeki along with Finance Minister Trevor Manuel and nine other cabinet members have resigned.

Published:Tuesday | September 23, 2008 | 9:04 AM

The price of oil has jumped by more than $16 dollars to $120.92 a barrel, in the biggest one-day gain on record.

Published:Monday | September 22, 2008 | 4:54 PM

Doubts over the speed at which the US financial bail-out plan can be introduced have emerged from both Democrats and Republicans.

Published:Monday | September 22, 2008 | 1:32 PM

Pakistan\'s government has pledged to take targeted action against militants, following a suicide bomb, which killed 53 people in the capital, Islamabad.

Published:Friday | September 19, 2008 | 2:11 PM

The Italian airline Alitalia has cancelled a number of flights from Rome\'s Fiumicino airport, increasing fears that the carrier may soon go into liquidation.

Published:Friday | September 19, 2008 | 2:10 PM

South Africa\'s President Thabo Mbeki has condemned critics within his own African National Congress (ANC) party who are calling for his resignation.

Published:Friday | September 19, 2008 | 10:08 AM

US officials said they would hammer out a comprehensive plan to help ease what has become a global financial crisis.

Published:Thursday | September 18, 2008 | 3:05 PM

Hackers have reportedly broken in to the e-mail of the US Republican vice-presidential candidate, Sarah Palin.

Published:Thursday | September 18, 2008 | 3:04 PM

Zimbabwean President Robert Mugabe has described the power sharing deal between his party and the opposition as a humiliation.

Published:Thursday | September 18, 2008 | 8:54 AM

At least five persons were killed in a suspected missile attack by a US drone on a village in northwest Pakistan.

Published:Wednesday | September 17, 2008 | 1:50 PM

Members of the United States Congress have called for increased foreign aid to Latin America and the Caribbean.

Published:Wednesday | September 17, 2008 | 8:57 AM

The US Federal Reserve has announced a $US$85b rescue package for AIG, the country\'s biggest insurance company, to save it from bankruptcy.

Published:Tuesday | September 16, 2008 | 3:05 PM

Police in north-east England said they have made a big dent in gang activities in that section of the country following the arrest of a Jamaican drug dealing gang.

Published:Monday | September 15, 2008 | 4:12 PM

The Cuban authorities have rejected all offers of aid from the United States after the impoverished country was ravaged by Hurricanes Gustav and Ike within a two-week period.

Published:Monday | September 15, 2008 | 4:12 PM

The fourth-largest investment bank in the US, Lehman Brothers has filed for bankruptcy protection, amid a growing global financial crisis.

Published:Monday | September 15, 2008 | 10:35 AM

A week-long curfew has been imposed in Houston to prevent looting in the wake of Hurricane Ike which hit the US city and many other parts of Texas.

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