Daily News Channel
Bernard Madoff, who pleaded guilty to operating a multibillion-dollar Ponzi scheme, is worth up to $826 million, according to a document filed with a federal court on Friday. Madoff values his business — Bernard L.
Finance ministers from the Group of 20 industrialized and developing economies are meeting near London on Saturday to discuss a common approach on how to tackle the global economic crisis. The London G-20 summit on April 2 was initially going to focus on financial markets and regulation, but the deepening crisis around the world has highlighted the need for a broader economic package. This plan includes everything from stimulus packages to uneven interest rates, said Mark Malloch-Brown, British Prime Minister Gordon Brown’s envoy to the summit.
Prince William has spoken in depth in public for the first time about death of his mother, Diana, Princess of Wales, 12 years ago, saying "mummy" is now a hollow word "evoking only memories." Prince William was only 15 and his brother Prince Harry 12 when Diana died in a Paris car crash along with Dodi Fayed in 1997. The Prince made the comment Thursday during a speech to mark his new role as patron of Britain’s Child Bereavement Charity — a group his mother was once involved with. The British Press Association reported that he told the launch of the charity’s Mother’s Day campaign: “My mother Diana was present at your launch 15 years ago, and I am incredibly proud to be able to continue her support for your fantastic charity, by becoming your royal patron
French President Nicolas Sarkozy has never hidden his infatuation with celebrities. In recent years Sarkozy has burst with pride while being photographed with the stars he likes to count as both political supporters and personal friends. In 2007, he even went and married one.
President Nicolas Sarkozy of France will put his government on the line over his decision to bring the country back into NATO’s integrated military command, more than 40 years after it walked out. French lawmakers will vote Tuesday on whether to support Sarkozy’s move, which he announced officially on Wednesday
It is one thing when someone can’t make a mortgage payment or a company cannot cover the interest on capital it borrowed to build a new factory. In a recession, those kinds of events are commonplace. It probably never crosses the mind of the average citizen that the ability of the U.S
Christian Vandevelde of the United States claimed Wednesday’s fourth stage of the Paris-Nice while Astana’s Alberto Contador showed just why he is the race favorite in the early season classic. Garmin’s Vandevelde pulled clear of a small breakaway group in the later stages of the 173.5 kilometer leg from Vichy to Saint Etienne and crossed the line 14 seconds clear of a chasing group containing Contador. The Spaniard had stretched his legs on a third category climb approaching the finish and quickly opened a significant gap over the other main contenders, He was reeled in by a small group on the descent, but made up time on home rider Sylvain Chavanel, who hung on to the overall race lead after his stage win of the previous day.
French President Nicolas Sarkozy will Wednesday make one of the largest foreign policy gestures of his tenure when he announces France’s return to NATO’s high command. Sarkozy is expected to say that he wants France to rejoin the military alliance as a full member at its 60th anniversary summit next month. Charles de Gaulle took France out of NATO more than 40 years ago in protest at U.S
Secretary of State Hillary Clinton’s announcement that Iran would be invited to a summit on Afghanistan has been greeted as a possible icebreaker in the tense relationship between Washington and Tehran. Iran is weighing whether to accept the invitation, its foreign minister said Friday, and will deliver its response next month. The overture should be consistent with the new Washington ethos: seeking Iran’s cooperation on stabilizing Afghanistan — a goal both sides desire — can help end the nuclear standoff between the two countries
Sudan’s ambassador to the United Nations on Friday defended his nation’s decision to expel 16 nongovernment aid organizations, charging they were "messing up everything," "spoiling," and "destabilizing" his country. Abdalmahmood Abdalhaleem Mohamad said the government took action because the North African nation has evidence the suspended nongovernment organizations repeatedly acted outside their humanitarian mandate and were working with the International Criminal Court in its investigation into the conflict in the Darfur region of Sudan