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 [...]
ZIMBABWE’s power-sharing deal is teetering on the brink of collapse after Movement for Democratic Change (MDC) negotiators walked out of a critical meeting with Zanu (PF) yesterday as a dispute over ministerial posts intensified.
Unless the mediator, former president Thabo Mbeki, intervenes to break the deadlock, talks over the allocation of 31 government ministries might soon [...]
NASA has issued a preliminary report confirming environmentalists’ fears of disappearing sea ice at the Arctic. Sea ice is the thick permanent ice formed by frozen ocean water that remains even as seasonal ice melts away in the summer. In the past, it has covered about 60 percent of the Arctic.
The sea ice at the [...]
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 [...]
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 [...]
According to reports reaching here, many houses were damaged by the flooding. The city of Gonaives, some 100 km north to the capital city, was flooded and declared in emergency state. The death toll reached 10 on Wednesday.
The flooding even blocked the entrance to Gonaives, where water in some areas [...]
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 [...]