ISLAMABAD (Reuters) - Afghanistan does not want a proxy war between Pakistan and India or anybody else fought on its soil, Afghan President Hamid Karzai said on Thursday during a visit to Pakistan.
Nuclear-armed rivals India and Pakistan are vying for influence in Afghanistan, complicating U.S.-led efforts to end ...More
ATHENS (Reuters) - Greek public and private sector workers went on strike on Thursday, grounding flights, shutting schools and halting public transport in the second nationwide walkout in a fortnight in protest against austerity plans.
Under pressure from markets and European Union partners, the government unveiled a new austerity package last ...More
TEHRAN (Reuters) - Iranian President Mahmoud Ahmadinejad warned Gulf countries on Thursday against the U.S. presence in the region, saying Washington aimed to dominate their energy resources in the name of fighting terrorism.
Iran opposes the U.S. military presence on its borders in Iraq, Afghanistan and the Gulf, saying ...More
LONDON (Reuters) - London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for $7 billion, as the U.S. producer refocuses on onshore U.S. fields.
The companies said on Thursday that BP has also agreed to sell Devon a 50 percent ...More
SAN FRANCISCO (Reuters) - California's revenue in February was $480 million or 8.7 percent above the estimate in Governor Arnold Schwarzenegger's state budget plan, so tax refunds should be paid on time, State Controller John Chiang said on Wednesday.
There had been some talk in the state capital ...More
CAIRO (Reuters) - Arab League chief Amr Moussa said on Wednesday that Palestinian President Mahmoud Abbas had told him he would not enter indirect talks with Israel, only days after the Palestinian side had agreed to the contacts.
The about-turn puts on hold U.S. efforts to bring together Israel and ...More
NEW YORK (Reuters) - Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 percent over the last year, Forbes magazine said on Wednesday.
It is only the second time since 1995 ...More
WASHINGTON (Reuters) - The controversial "Volcker rule" to curb risky trading by banks got a boost in the Senate on Wednesday, as two Democrats introduced a bill that would enact and expand the rule.
Senators Jeff Merkley and Carl Levin introduced their bill on the rule, which was first proposed in ...More
NEW YORK (Reuters) - With Governor David Paterson enveloped in scandal, New York's lieutenant governor is leading the notoriously difficult budget process and freeing up his boss to fight for his political life, experts say.
Richard Ravitch, who would assume the top job should Paterson be brought down by inquiries ...More
WASHINGTON (Reuters) - Democrats in the House of Representatives moved on Wednesday to limit the ability of lawmakers to tuck pet projects into spending bills amid mounting election-year ethics concerns.
Top Democrats on the House Appropriations Committee said the new rules prohibit lawmakers from steering money to for-profit companies through the ...More
