Category Archives: World

Obama tries to woo business, slams ‘burdensome’ tax

Full Story at msnbc.com WASHINGTON — President Barack Obama stepped up efforts to woo the U.S. business community Monday, seeking its help to tackle “burdensome” corporate taxes in a speech to a business group that has long been a fierce critic. Obama, on a drive to win over business and independent voters before the 2012 [...]

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Leaders to focus on climate change at summit

Full Story at CNN.com Negotiations for the global pact have stalled, and Tuesday’s gathering is aimed at jump-starting those talks. Chinese President Hu Jintao, U.S. President Barack Obama, former U.S. Vice President Al Gore, Japanese Prime Minister Yukio Hatoyama, French President Nicolas Sarkozy and Rwandan President Paul Kagame are among the world leaders expected to [...]

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Austria Takes Over Bank Crushed By Madoff

Full Story At CBS News An Austrian bank suffering more than $3 billion in losses from the collapse of Bernard L. Madoff’s investment scheme was taken over by the Austrian government today, according to a statement on the Web site of Austria’s financial regulator Finanzmarktaufsicht. Bank Medici’s CEO Peter Scheithauer also resigned. Messages at Bank [...]

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