Daily News Channel
Jacob Zuma’s election as President of South Africa, all but assured as his party took a formidable lead in early results from this week’s balloting, completes an extraordinary, triumphant comeback in which he overcame prosecutions for rape and corruption and finally toppled his predecessor, Thabo Mbeki.
The Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The country has capital available to buy assets driven down by the recession.
President Obama travels to Mexico on Thursday as the United States’ neighbor to the south continues to wrestle with increasingly deadly drug wars. Obama recently announced a crackdown on border violence and on the smuggling of cash and weapons into Mexico — a step that could mark an end to a blame game over where responsibility for the violence lies. The president recently designated three Mexican organizations, which he says are involved in drug trafficking, to face hefty financial sanctions under the Foreign Narcotics Kingpin Designation Act, White House Press Secretary Robert Gibbs said Wednesday.
President Obama said Tuesday that recent stimulus measures "are starting to generate signs of economic progress," but more tough times are ahead. The White House described Obama’s speech as a major address on the economy.
Georgian President Mikhail Saakashvili vowed Friday to remain in office until his term ends, defying calls by anti-government protesters that he step down. Up to 60,000 demonstrators took to the streets Thursday, issuing a 24-hour ultimatum to Saakashvili to resign. The protesters blame the president for leading the country into a brief war with Russia last year over the breakaway province of South Ossetia, and plunging it into a political crisis
One measure of a summit’s success is the number of participants who attempt to lay claim to its outcome.
Scattered demonstrations were taking place around East London as the G-20 summit got under way Thursday, but they were far smaller than the protests seen a day earlier. A total of seven people had been arrested by the early afternoon, police said
After the pageantry and splendor of audiences with the Queen and dinner at Downing Street, G-20 leaders could be forgiven a sense of anti-climax as they arrived for work Thursday for a summit heralding a "new era of international partnership," according to British Prime Minister Gordon Brown.
Elia Roldan had just received a new lab coat with her name embroidered on the pocket.
No one asked President Barack Obama directly about the elephant in the room on Wednesday. But he brought it up anyway, during a joint press conference with British Prime Minister Gordon Brown