Barack Obama, who takes over as US President on January 20 promised a new chapter in relations with Latinamerica and stronger US-Mexico links, following a meeting on Monday with President Felipe Calderón in Washington. It was Obama's first meeting with a foreign leader since his November election.
An autonomous British yellow robot submarine has just set out on a mission which will see it plunge deep beneath Antarctic ice shelves to seek clues to world ocean level rises. The seven meter yellow sub will probe the underside of ice at the end of the Pine Island glacier, which is moving faster than any other in Antarctica.
President-elect Barack Obama will meet with Mexican President Felipe Calderon on Monday in Washington. Obama transition officials said the visit was in keeping with the tradition of U.S. presidents meeting with their Mexican counterpart soon after winning election.
US President-elect Barack Obama has called for drastic action to prevent the US economic situation worsening. In his first major policy speech since being elected, Mr Obama urged Congress to act quickly to pass his 800 billion US dollars stimulus plan.
United Status outgoing president George W. Bush will be presenting the Presidential Medal of Freedom to his Colombian counterpart Alvaro Uribe and to the former prime ministers of the United Kingdom, Tony Blair and John Howard from Australia.
A vast swathe of the Pacific, including an area near New Zealand territory, has been declared part of a United States national maritime monument. President George Bush, in the dying days of his administration, made the startling declaration by saying in the White House we're fixing to do some fabulous policy.
The sharp slowdown in the US economy will push the federal budget deficit to more than one trillion US dollars, the non-partisan Congressional Budget Office (CBO) announced Wednesday. The 1.186 trillion USD deficit for the fiscal year ending on 30 September would be the largest on record.
US President George W Bush has taken the unusual step of reversing a pardon he had announced only a day earlier for a New York property developer. Isaac Robert Toussie, convicted of making false statements to a government department and mail fraud, was one of 19 people President Bush pardoned on Tuesday.
The Elie Wiesel Foundation for Humanity lost more than 15 million US dollars, nearly all of its assets, in the fraud scheme run by Wall Street financer Bernard Madoff, the fund said Wednesday in a short release.
Caterpillar Inc, the world's largest maker of heavy construction and mining equipment, said Monday it is cutting white-collar pay by up to 50% and offering buyouts to as many as 25.000 US employees as it looks to cut costs during what it characterized as uncertain times.