Wall Street’s benchmark Dow Jones index plunged Monday to close at levels not seen since 1997 — after U.S. insurance giant AIG revealed monumental quarterly losses of $62 billion. AIG’s results came hours after the U.S
Tag Archives: america
Swiss Banks
What would AIG’s $62 billion loss buy?
Warm welcome in Phoenix after jungles, wire fences
Debate: Football or soccer?
Obama’s agenda: One of the ‘greatest political dramas’?
Three British troops killed in Afghanistan blast
Amanpour: Obama’s call to arms and optimism
"As we stand at this crossroads of history, the eyes of all people in all nations are once again upon us — watching to see what we do with this moment; waiting for us to lead," President Obama said Tuesday night. “Those of us gathered here tonight have been called to govern in extraordinary times. It is a tremendous burden, but also a great privilege — one that has been entrusted to few generations of Americans.
Will anyone watch the ‘Watchmen’?
Young son of UK opposition leader dies
The disabled young son of UK opposition leader David Cameron has died, UK media have reported. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said.