General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.
Control over a major detention facility at Afghanistan's Bagram Air Base was passed from the U.S. military to the Afghan government in a small ceremony on Monday, a major step in NATO's troop withdrawal and Kabul's progress toward full security independence.
Economic problems have drastically lowered standards of living across the Palestinian territories, and Palestinian Prime Minister Salam Fayyad is facing heated criticism from the public. But, this weekend, President Mahmoud Abbas stepped up to defend Fayyad.
The FBI's Next Generation Identification would use photographs and biometric data to help law enforcement entities nationwide identify "persons of interest." If NGI's early stages are any indication of where it's heading, privacy advocates and ordinary citizens are right to fear it.
Honduras is implementing a bold new plan to establish independent "charter cities" that will operate under separate laws in a bid to draw more foreign investment. Proponents says the plan will create thousands of jobs and spur economic development in the rest of Honduras, while critics say they will only open the door for corporations and other governments to exploit cheap labor and neoliberal tax laws.
It's been three years since the Great Recession technically ended, and still, unemployed Americans are struggling to find work.
While pundits and analysts dissected a myriad angles regarding the ECB's proposal, one lesser-considered issue has been how, following the announcement of the plan Thursday, it increasingly seemed Spain was being given the short end of the stick, while Italy was being favored, by the announcement.
The stars are aligning for the Democratic National Convention as celebrities and top musicians come out of the woodwork to appear in Charlotte, N.C., but the GOP Convention got nowhere near as much celeb love.
There are now at least 10,000 Nigerian prostitutes – perhaps as many as 20,000 – in Italy alone.
Yemen will receive $6.4 billion in foreign aid as it struggles to rebuild its economy following shaky political transition in the face of food and water shortages and ongoing internal conflicts with Al Qaeda militants in the south and Shiite insurgents in the north.
Ten months after betting the company on the success of the Kindle Fire, Amazon.com Inc. (Nasdaq: AMZN) CEO Jeff Bezos plans to redouble his effort Thursday when he displays its successor as well as new members of the Kindle e-reader line in California.
Late Monday, word leaked out that Draghi is now saying the ECB should pursue a policy of monetizing sovereign debt of periphery countries -- that is, printing reams of new euro to buy bonds issued by those governments -- even though such a policy path exceeds the central bank's mandate and has been adamantly opposed by the German political establishment.
Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus, the big four companies of the grain market, are doing all right as gobal food prices spike. According to non-profit groups, they are doing so partially at the expense of hungry people.
Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank only highlights the increased dependence Iberian banks have had on their overseas branches over the past few years and how, in an effort to now package off those units and sell them, they could be killing the hen that's been laying the golde...
Ailing Finnish smartphone maker Nokia Oyj (NYSE: NOK) is betting the company that two new Lumia smartphones based on the new Windows 8 OS from Microsoft (Nasdaq: MSFT), the world's biggest software company, will be international hits.
India and China will resume joint military exercises in an effort to strengthen the shaky relationship between the two most populous countries on earth.
He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
Friday's verdict in favor of Russian oligarch Roman Abramovich closes a case that has brought to (some) light the shady underworld of Russian capitalism during the 1990s.
It seemed everyone was claiming their crystal ball has been right in anticipation of a much-hyped speech by the world's most powerful central banker, who managed to turn the attention of traders around the world to his podium in bucolic Jackson Hole, Wyo. Friday. They were all right and, as usually happens in such cases, they were also all wrong.
As climate change warms the world's oceans and Arctic sea ice recedes to its lowest -ever recorded levels, China has taken advantage of it -- and may soon reap commercial benefits
Britain in the early 1980s found itself in dire need of a happy jolt
The state-controlled Air Koryo has a fleet of about thirty, mostly older Russian-made aircraft, and flies to 14 foreign airports in six countries -- including, of all places, Kuwait.
John McCain's convention speech, which blasted Obama's foreign policy, reeked of American exceptionalism and broadly encouraged the United States to make itself the world's policeman.
Rand Paul relentlessly pounded his disingenuous "You Did Build That" catchphrase during his Ayn Randian speech at the Republican National Convention in Tampa, Fla., Wednesday night.
What do conspiracy theorists and free market ideologues have in common? They both deny climate change, according to a recent psychological study conducted b y the University of Western Australia.
Prostitution is rising to dangerous levels in Madagascar, and this has become one of the most controversial signifiers of the country's political and economic breakdown over the last three years.
The Egyptian mliitary is increasing its presence in the Sinai Peninsula in an attempt to root out the mysterious jihadist group suspected of carrying out the August 5th attacks near the Israeli border. Meanwhile, Israel nervously waits for Egypt to once again demilitarize the area.
Russia's agricultural ministry will meet Friday to discuss limiting wheat exports as the country's key Black Sea-producing region has been wilted by drought, but few believe it will repeat the total ban on exports it implemented in 2010 during similar drought conditions.
The last time the nations participating in the Non-Aligned Movement (NAM) summit came under fire due to the host country's obvious anti-American stance was in 1979 when Cuba hosted the event. Iran, which is hosting the summit this year, has made sure that the summit, that usually doesn't generate substantial interest, is back in the limelight.
Shari Arison is the most powerful woman in Israel and the Middle East, and has a net worth of $3.9 billion to boot. But despite her numerous non-profit organizations and 25% stake in Israel's largest bank, Arison says she doesn't consider herself "a powerful person."
