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Advertising set for mild 2010 recovery

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The downturn in global advertising is approaching its lowest point and, after a fall of 8.5 percent in 2009, the industry should see a mild recovery in 2010, a leading media agency predicted on Monday.
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Dollar discomfort thrust onstage for Italy summit

World leaders are bound to express the hope that the worst of the global economic crisis is passing when they meet this week, but they are now under pressure, too, to manage a Chinese challenge to dollar supremacy.
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Why is Sarah Palin resigning as Alaska governor?

Sarah Palin, who surprised the U.S. political world last year by becoming Republican John McCain's vice presidential running mate, surprised again on Friday by announcing her resignation as Alaska's governor.
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How North Korea earns money from arms sales?

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance against the United States as Washington cracks down on the secretive state's weapons proliferation.
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North Korea defies U.S. with new missile launches

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.
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China defends M&A policy towards foreign investors

China said on Saturday its policy toward foreign acquisitions of domestic firms was fair, explaining that broader national concerns take precedence over the potential benefits to any single company.
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Sarah Palin resignation remarks (Full Text)

Alaska Governor Sarah Palin, former Vice Presidential running mate of John McCain during the presidential elections in 2008, said Friday she is resigning on July 26 as governor and will not run for re-election on the position.
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Stanford clients sue insurance broker Willis Group

Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
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Alaska Governor Sarah Palin will resign

Alaska Governor Sarah Palin, Republican John McCain's vice presidential running mate in 2008, said on Friday she will resign this month and will not run for re-election as governor.
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Dollar status unlikely to be in G8 communique: G8 source

The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.
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British troops expand major Afghan operation

Hundreds of British troops have seized key canal crossings in a Taliban stronghold in southern Afghanistan, military officials said on Friday, part of a new U.S.-led operation to wrest the initiative from insurgents.
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Is Iraq stable enough to cope without U.S. troops?

For the U.S. military, it's the million dollar question — or rather the $687 billion question, according to a recent estimate of the Iraq war's total cost. Is Iraq now stable enough for them to take a permanent back seat?
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Oil falls near $66 after bleak U.S. jobs data

Oil fell toward $66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone.

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