MEXICO CITY, Oct. 15 (Xinhua) — The world financial crisis will hit all countries in Latin America and the Caribbean but more in Central America and Mexico due to their big dependency on the U.S. economy, an official of the Economic Commission for Latin America and the Caribbean (ECLAC) said on Wednesday.
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This week, the two major presidential candidates gave new details of their plans to help Americans deal with the economic crisis.
On Monday, Democrat Barack Obama offered proposals totaling sixty billion dollars over two years. The next day, Republican John McCain announced proposals totaling about fifty-three billion dollars.
Both plans call for new tax breaks.
Senator [...]
John McCain made an apologetic appearance on The Late Show with David Letterman, blaming nobody but himself for his much-ridiculed cancellation last month.
“I screwed up. What can I say?” the Republican presidential nominee told Letterman on Thursday night’s show.
There was, however, a silver lining, said McCain.
“Look at all the conversation I gave you,” he told [...]
If you watched Wednesday night’s final debate between presidential candidates John McCain and Barack Obama, chances are there were a lot of names, numbers and programs that stacked up so fast it was hard to keep track of them. In one of their sharpest verbal jousts yet, the candidates focused on domestic issues ranging from [...]
WASHINGTON — Treasury Secretary Henry M. Paulson Jr. and the Fed chairman, Ben S. Bernanke, met with Congressional leaders on Thursday night to discuss a range of possible solutions to deal with the worst financial crisis in decades.
Item One at the Thursday meeting was “the illiquid assets on bank balance sheets that are at the [...]
A New Budget Agreement for Government Arnold Schwarzenegger get the final vote on friday afternoon with a variety of budget maneuvers that includes lowering the amount of the state’s reserve fund to $800 million from $1.2 billion.
After presenting a budget Tuesday to Gov. Arnold Schwarzenegger that he vowed to veto, the four legislative leaders came [...]
Alaska governor Palin, who was selected to be John McCain’s vice president last week, said, “Bristol came to us with news that as parents we knew would make her grow up faster than we had ever planned. As Bristol faces the responsibilities of adulthood, she knows she has our unconditional love and support.”The 44-year-old governor [...]
When PEOPLE caught up with the candidates the day of their Aug. 23 announcement, the banter was easy between the onetime rivals – who became a team once Obama, 47, asked the senator from Delaware, 65, to help on the ticket. Also joining in the conversation: wives Michelle Obama, 44, and Jill Biden, 57.
This is [...]
“America, we are better than these last eight years,” Obama said to thunderous applause and a sea of waving American flags and signs bearing the word “change.” “We are a better country than this.” He later added: “Change happens because the American people demand it — because they rise up and insist on new ideas [...]
The attack on the French forces, in a rugged mountainous area about 30 miles east of Kabul, also heightened the sense of insecurity close to the capital. Last week, three Western female aid workers were shot to death in a Taliban ambush in Logar province, only about an hour’s drive south of Kabul.The high toll [...]