
Europe's cold snap claims more victims, travel hit
Bitterly cold weather sweeping across Europe claimed more victims Sunday, brought widespread disruption to transport services, and left thousands without power with warnings that low temperatures would continue into next week.
Greece forces overtime in critical debt talks
Greece on Sunday insisted on extending critical talks on a debt rescue into Monday, as the government's coalition backers denounced pressure from public creditors to pass harsher austerity measures.
Obama says he "deserves second term"
President Barack Obama said Sunday that he deserved to be re-elected because the US economy is adding jobs and recovering, in stark contrast to the bleak monthly unemployment hikes he inherited in 2009.
U.S. job market still on long path to recovery
The U.S. labor market teed off the new year with a nice surprise as the country's unemployment rate dropped to a near three-year low of 8.3 percent in January, but experts believe that the jobs growth was insufficient to cure the lingeringly sick labor market in the short run.
U.S. economic recovery outlook remains uncertain: Bernanke
The outlook of the U.S. economic recovery remained uncertain, as the recovery was confronted with a set of domestic and external headwinds, U.S. Federal Reserve Chairman Ben Bernanke said on Thursday.
Dozens dead, thousands at risk in European cold snap: IFRC
Over 80 people have died from hypothermia and frostbite in Poland and Ukraine, as a cold snap affected a large part of Europe, the International Federation of Red Cross and Red Crescent Societies (IFRC) said on Thursday.
U.S. federal gov't to run 1.1 trillion USD deficit in FY 2012
The U.S. Congressional Budget Office (CBO) predicted on Tuesday that the federal government would run a budget deficit of around 1.1 trillion U.S. dollars in the 2012 fiscal year.
World Bank cautions about volatile food prices
The Washington-based World Bank Group cautioned Tuesday that global food prices were high and volatile, and that the world needed to remain vigilant to the trend.
EU leaders call for quick Greek debt reduction deal
European Council President Herman Van Rompuy said Monday that EU leaders at the summit called for clinching a deal between Greece and its lenders on cutting its debt by the end of the week.
Cambodia's ruling party wins Senate majority
The ruling Cambodian People's Party (CPP) gained a majority of the votes in the country’s Senate elections, receiving up to 77.81 percent, according to preliminary results provided by the National Election Committee (NEC) of Cambodia on Jan. 29.
Occupy D.C. protesters refuse to decamp as deadline passes
Defiant Occupy D.C. protesters on Monday vowed to continue with their encampment in the U.S. capital as the deadline for decampment passed. The U.S. National Park Service last week ordered protesters at two encampment sites -- McPherson Square or Freedom Plaza -- to remove their sleeping bags, pillows and other gear by Monday noon, or they might be arrested.
25 EU members to join fiscal treaty, Britain, Czech Republic backs out
A total of 25 European Union (EU) member states would join and sign a new fiscal treaty designed to enshrine tighter deficit and debt discipline, European Council President Herman Van Rompuy said here late on Monday.