U.S. Defense Secretary Robert Gates on Sunday rejected former Federal Reserve Chairman Alan Greenspan's statement that the Iraq war "is largely about oil."
Former Federal Reserve Chairman Alan Greenspan sharply criticizes President George W. Bush's administration and Republican congressional leaders in his memoir for putting political imperatives ahead of sound economic policies, several newspapers reported on Friday.
Mexico's Congress approved a landmark tax overhaul on Friday, handing President Felipe Calderon a major legislative victory and Mexico its biggest economic reform in a decade.
A day after President George W. Bush cited enough progress in Iraq to justify U.S. troop reductions, the White House told Congress on Friday that Iraqi leaders had failed to meet half of their key goals.
A U.S. Senate decision to block funding for a test program to let Mexico's long-haul trucks operate in the United States uses outdated safety fears to mask protectionism, Mexican truckers and the U.S. government say.
President George W. Bush on Thursday ordered gradual troop reductions in Iraq but defied calls for a dramatic change of course, telling war-weary Americans the U.S. military role there will stretch beyond his presidency.
The housing downturn in the United States - the worst the country has seen in the last 16 years - has made home equity lines of credit more difficult to obtain, forcing consumers back to relying more on their credit cards to finance purchases.
Japan's Prime Minister Shinzo Abe announced his resignation, Wednesday, over his failure to win backing from politicians for an extension to a Japanese naval mission providing refueling support to US-led operations in Afghanistan.
Army Gen. David Petraeus, the top U.S. commander in Iraq, faced criticism from a Democratic presidential contender on Tuesday over America's war strategy.
Americans stood in silence to remember the nearly 3,000 people killed in the September 11 attacks on Tuesday as Osama bin Laden resurfaced to praise the suicide hijackers who carried them out six years ago to the day.
Twenty of the world's top polluting nations have agreed to discuss binding targets for reducing greenhouse gas emissions, Germany's environment minister said on Tuesday.
The top U.S. general in Iraq on Monday recommended cutting American troops by about 30,000 by next summer, ending the so-called surge of forces but not fundamentally changing strategy in the unpopular war.
To the chagrin of green groups, APEC members signed a voluntary non-binding agreement to cut greenhouse gases.
President George W. Bush's homeland security adviser said on Sunday al Qaeda leader Osama bin Laden is virtually impotent and can do little more than send videotaped messages.
In a report considered crucial to U.S. strategy in the highly unpopular war in Iraq, the top U.S. commander there is expected to tell Congress on Monday that U.S. troop levels should not be cut deeply.
Asia-Pacific leaders said on Sunday they saw real progress in world trade talks now underway in Geneva and pledged flexibility and the political will to forge a deal by the end of 2007.
The U.S. Senate voted 79-12 on Friday to slash government subsidies to student loan firms and use the money saved to boost student aid by $20 billion and reduce the federal deficit.
Asia-Pacific officials agreed on Friday to a draft climate statement which reaffirms a U.N. treaty on fighting global warming, while urging non-binding aspirational targets for greenhouse gas reductions, a delegate said.
Asia-Pacific leaders will fire a shot in the battle against corruption at their weekend summit, endorsing a code of conduct banning companies from paying bribes to speed up deals or making dubious political contributions.
At the Asia Pacific Economic Cooperation summit, Bush said he would consider a peace treaty with North Korea if it gave up nuclear arms.
Chinese President Hu Jintao said on Thursday that Beijing took product safety very seriously, as Asia Pacific ministers agreed to set up a food safety taskforce to ensure the health and safety of the region's population.
Leaders at an Asia-Pacific summit appeared deadlocked on Thursday over what their Sydney Declaration on climate change and cutting greenhouse gas emissions should say.