
Asian stocks have fallen on Friday, with some indexes driving towards their worst weekly losses since 2008. The Group of 20 nations said they were ready to preserve stability in the financial markets.

US Treasury Secretary Timothy Geithner said that the European debt crisis and the political divisions in the United States were the biggest threats to the global economy.

US President Barack Obama told the United Nations that the Palestinians deserved a state of their own, but that this would only be achieved through talks with Israel.

With three dissenting members the Federal Reserve announced on Wednesday further efforts to prop the US economy launching an accommodation program to put more downward pressure on long-term interest rates and increase its support for housing.

The world crisis was the main issue addressed by Brazilian president Dilma Rousseff during the bilateral meetings with US President Barack Obama and later with her peer Mexico’s Felipe Calderon in New York.

President Barack Obama hailed the end of the policy banning gays from serving openly in the US military, saying its official demise marked a key step toward fulfilling America's founding ideals.

President Barack Obama has outlined plans to reduce the US deficit and to kick-start economic growth. At the White House, he proposed cuts to healthcare benefits but said business and the wealthy must pay higher taxes.

US President Barack Obama, will propose a 'Buffett Tax' on people making more than US$1 million a year as part of his deficit recommendations to Congress on Monday.

We have come a long way since the days of the creation of the movie “The Adventures of Priscilla Queen of the Desert,” but the story still rings true today.

US Treasury Secretary Timothy Geithner drew a cool response from EU policymakers when he urged them to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice.