Japanese minister resigns over rice scandal
September 19, 2008 Uncategorized No CommentsRead full story for latest details.
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Lawmakers questioned whether the White House had a long-term solution to the problems facing Wall Street after President Bush on Thursday declared the government’s actions to shore up crumbling financial institutions necessary to avoid a “severe disruption” to financial markets.
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Asian markets on Friday rallied on news the U.S. government was planning a broad program to stem the credit crunch and banks around the world were pumping billions of dollars into money markets.
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A bus carrying about 50 passengers plunged into a river 25 miles (40 kilometers) west of Kathmandu on Friday, police said.
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Reports that North Korean leader Kim Jong Il is sick are “nonsense,” a North Korean official said Thursday.
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North Korea is preparing to restart a reactor at the key Yongbyon nuclear complex, the South Korean news agency reported Thursday.
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Congressional leaders met with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Thursday to work on a new bailout plan to stem the ongoing financial crisis.
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