U.S. President Barack Obama is urging Congress to pass a housing plan he says will save qualifying homeowners thousands of dollars each year on their mortgage. During his weekly address Saturday, Mr. Obama said the housing crisis has been one of the...
Greek Prime Minister Lucas Papademos continues emergency talks with Greek party leaders Monday on more spending cuts, with his finance minister warning that the country is on a knife edge (brink of disaster). The government and parliament must agree...
Conservative party leader Sauli Niinistoe has won Finland's presidential election by a landslide and will become the country's first conservative president in 30 years. Officials say Mr. Niinistoe, of the National Coalition Party, won 63 percent of t...
U.S. presidential contender Mitt Romney decisively won Republican Party caucuses in the western state of Nevada Saturday, confirming his lead in the race to choose his party's nominee for the presidential election in November. Former Speaker of the H...
BEIJING, Feb. 3 (Xinhua) -- Chinese leaders on Friday urged banks to improve financial services for the country's real economy, especially agriculture and small firms. China's economic transition and restructuring have set higher requirements for the...
BEIJING, Feb. 3 (Xinhua) -- German Chancellor Angela Merkel's visit to China this chilly winter reinforces convictions that China and the European Union (EU) have the will and ways to pull through the economic frigidity with more unity. The talks bet...
NATO's secretary-general says foreign forces in Afghanistan will remain on combat duty during the scheduled transition to Afghan security control in 2014. That statement by Anders Fogh Rasmussen came after U.S. Defense Secretary Leon Panetta said Ame...
The U.S. government said this week it expects to run a $1.1 trillion deficit for the year ending in September, a drop from 2011, but the fourth straight year deficits have totaled more than $1 trillion. President Barack Obama and Congress embarked la...
President Barack Obama Friday welcomed news that the U.S. unemployment rate dropped again in January. The president again pressed Congress to support his economic proposals. Mr. Obama is encouraged by the better-than-expected numbers, which show 243,...
BEIJING, Feb. 2 (Xinhua) -- Chinese Vice Premier Hui Liangyu on Thursday called for accelerating innovation and promotion of agricultural science and technology. It is vital to the overall economic and social development to obtain grain harvests and...
BEIJING, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday exchanged views with German Chancellor Angela Merkel on major bilateral issues. After the closed-door meeting, Wen said this year, the 40th anniversary of diplomatic ties between the...
WASHINGTON, Feb. 2 (Xinhua) -- U.S. Treasury Secretary Timothy Geithner said Thursday U.S. financial system has been strengthened through reforms ,but warned that gains would erode if efforts eased. This is a critical year for financial reform, Geith...
ROME, Jan. 29 (Xinhua) -- Inter Milan's seven-game winning streak was snapped as they were beaten 1-0 at relegation-threatened Lecce on Sunday. Inter's cross-city rivals AC Milan kept up their pursuit of Juventus at the top of Serie A with a comforta...
MADRID, Feb. 1 (Xinhua) -- FC Barcelona and Valencia drew the first leg of their Copa del Rey semifinal 1-1 in Valencia's Mestalla Stadium on Wednesday. Valencia opened the scoring through Jonas Goncalves, only for Carles Puyol to equalize for Barca...
ROME, Feb. 1 (Xinhua) -- Napoli head coach Walter Mazzarri accused the referee of robbing his side's deserved win after they were held to a scoreless draw at home on Wednesday. Napoli were held at the San Paolo, as Goran Pandev's goal was disallowed...
