Lawmakers still at odds on last day before fiscal cliff
Dec 30, 2012 21:50 EST
US lawmakers are returning to work on New Year's Eve for the first time in more than 40 years in a final attempt to reach a deal to avert a fiscal calamity set to hit the world economy within hours.
Obama blames Republicans as cliff talks go to wire
Dec 30, 2012 11:53 EST
US President Barack Obama blamed a Republican refusal to raise taxes on the rich for the "fiscal cliff" crisis as top lawmakers haggled in a desperate end-of-year search for a stop-gap deal.
As clock ticks, US lawmakers seek fiscal cliff solution
Dec 29, 2012 16:42 EST
With the clock ticking toward a New Year's time bomb of huge tax increases and spending cuts, US lawmakers rushed Saturday to keep America from tumbling off the so-called fiscal cliff.
Obama calls for avoiding middle class tax hike
Dec 29, 2012 06:47 EST
US President Barack Obama on Saturday urged Congress to protect the middle class from an income tax increase and lay the groundwork for future economic growth as Senate leaders began work to avoid a "fiscal cliff".
NHL owners make new offer in bid to end lockout
Dec 28, 2012 16:52 EST
The NHL has made a new "comprehensive" contract proposal to players, the latest bid to end the lockout that threatens to force the cancellation of the entire season.
Obama, top lawmakers meet on cliff edge
Dec 28, 2012 16:04 EST
President Barack Obama Friday sought a late deal to stop the US economy tumbling off a "fiscal cliff" next week, gathering top congressional leaders for crunch White House talks.
Madrid doctors lift strike
Dec 28, 2012 13:41 EST
Specialist doctors in Madrid lifted an indefinite strike Friday after failing to prevent a plan to privatize the management of hospitals and health care centres in the region.
US avoids potentially devastating port strike
Dec 28, 2012 12:23 EST
A looming labor shutdown of ports on the US East Coast was averted Friday when federal mediators helped workers and shippers reach a breakthrough on a key issue in deadlocked contract talks.
Clinton, still recovering, to be back at desk Monday
Dec 27, 2012 23:13 EST
Outgoing US Secretary of State Hillary Clinton, who fell ill in early December and hasn't been seen in public since, will be back at her desk on Monday, her closest aide said.
Clinton still resting at home after illness: aide
Dec 27, 2012 16:06 EST
Outgoing US Secretary of State Hillary Clinton, who fell ill in early December and hasn't been seen in public since, continues to rest at home, her closest aide said Thursday.
Facts on the US fiscal cliff, debt ceiling showdowns
Dec 27, 2012 13:46 EST
The "fiscal cliff" is a combination of dramatic spending cuts and tax increases mandated to take effect beginning in January if President Barack Obama and Republicans cannot bridge their differences on how best to reduce the nation's budget deficit and debt.
Weekly US jobless claims down 12,000
Dec 27, 2012 09:56 EST
US jobless claims fell by 12,000 last week, according to government data released Thursday -- figures that were better than expected, but which were affected by the Christmas holiday.
Outcry as Cambodia jails pair over union boss murder
Dec 27, 2012 07:54 EST
Cambodian rights campaigners on Thursday condemned the sentencing of two men to 20 years in prison for the 2004 murder of a prominent labour leader, saying they appeared to be scapegoats.
Assam tea workers burn boss and wife alive
Dec 27, 2012 05:28 EST
Tea plantation workers torched the home of their boss, killing both him and his wife, following a labour dispute in the northeastern Indian state of Assam, officials said on Thursday.
Denmark scrambles to save 'flexicurity' as economy stalls
Dec 26, 2012 16:00 EST
In Copenhagen's central station, thousands of Swedes step off the train each morning to head for jobs that many say they could not be found on the Swedish side of the border.
London transport strike fails to deter shoppers
Dec 26, 2012 11:34 EST
Strike action heavily disrupted London's Underground train network on Wednesday, as hundreds of thousands of bargain hunters headed to the shops for the traditional Boxing Day sales.
NHL lockout hits 100th day with no end in sight
Dec 24, 2012 13:29 EST
National Hockey League players and club owners reached the 100th day of the league's shutdown over money issues Monday with no talks planned and shrinking hope to salvage even a shortened season.
South Africa's ANC eases investor angst
Dec 23, 2012 01:24 EST
South Africa's ruling ANC did not sound much like a revolutionary movement of the political left at its party conference this week.
South Africa's ANC eases investor angst
Dec 22, 2012 22:15 EST
South Africa's ruling ANC did not sound much like a revolutionary movement of the political left at its party conference this week.
Austerity-hit southern Europeans flock to Switzerland
Dec 22, 2012 21:41 EST
After losing one public sector IT job and then another in austerity-hit Spain, Thierry Perello decided to seek his fortune in one of the few remaining bright spots on the European map: Switzerland.