Daily News Channel
It was an extraordinary Sunday, reflecting the many challenges facing the still young Obama administration. (CNN) — It was an extraordinary Sunday, reflecting the many challenges facing the still young Obama administration. Why extraordinary Traditionally, when an administration –Republican or Democratic — offers up the president for a Sunday interview, the other programs are left without senior administration guests.
One of the people named this week to President Obama’s new Task Force on Tax Reform is a member of the AIG board of directors.
Seated on a wooden chair inside his dilapidated shack in the Harare township of Mbare, primary school teacher Moses Majuru, 40, is both anxious and excited about the week ahead. Life has become a bit easier recently thanks to the Zimbabwean government’s decision on Jan.
Nobody ought to have been surprised that South Africa chose to heed China’s concerns and deny a visa to the Dalai Lama — not because of the South African government’s poor record of responding to human-rights crises in its own neighborhood, but because of China’s growing diplomatic influence and assertiveness thanks to its status as the great hope of an ailing world economy.
Last week, outlets reported that “the clock was ticking” for “embattled” Treasury Secretary Tim Geithner, with a few members of Congress openly calling for his ousting. His boss, President Barack Obama, was criticized for not engaging in the congressional furor over the $165 million in bonuses paid out to top executives at AIG — the insurance giant that has received more than $180 billion in federal money. This week Obama remains relatively untouched in the polls, and Geithner is basking in his best week of media coverage yet
The father of missing child Haleigh Cummings’ married his 17-year-old-girlfriend, who was the last one known to have seen the child alive, the girl’s grandmother told Nancy Grace producers. On Sunday Ronald Cummings asked his teenage girlfriend, Misty Croslin, for her hand in marriage at a local Chili’s restaurant. While he was with several family members, Cummings got down on one knee, asked Croslin to marry him and gave her Haleigh’s grandmother’s diamond ring.
A Philadelphia, Pennsylvania, pet store expecting a shipment of exotic fish this week found itself with a man’s dead body instead.
Bernie Madoff’s lawyer, Ira Sorkin, told a federal Judge Denny Chin on Tuesday that Madoff expects to plead guilty to charges that will put him in prison for up to 150 years. The U.S.
Nearly 7,000 Mexican soldiers and federal police arrived in the U.S.-Mexico border city of Ciudad Juarez this week to restore security to a city plagued by a long-standing, bloody drug war. Random vehicle checkpoints, patrols of masked soldiers and police in SWAT gear are some of the signs of the massive military buildup ordered by Mexico’s president, Ciudad Juarez police spokesman Jaime Torres Valadez said Thursday. Another 1,500 soldiers are expected to join the 3,500 that rolled into Juarez earlier this week to support municipal police in street patrols and ultimately take control of their operations, Torres said
Stock markets in Asia and Europe were reeling Monday amid fresh concerns over the strength of the global banking industry as HSBC announced a huge slump in profits and the U.S. government said it would pump $30 billion into ailing insurance giant AIG. London’s FTSE dropped more than 3 percent in early trading to drop below 3,700 points — a six-year low — with banking stocks leading the slide