The Boeing-777 aircraft, which seats about 300 people, will cost $150 million to purchase and another $80 million to customize.
Both liberals and conservatives can use the high court?s decision to energize the rank-and-file.
In Sudan, the big protest is in progress. Media reports are still scant, but Twitter is chirping with updates.
The United States gave China and Singapore exemptions from new sanctions targeting Iran's central bank and oil industry, which took effect on Thursday.
Following an extended game of chicken, the Obama administration granted China and Singapore an exception to the Iranian oil sanctions, senior White House officials said Thursday.
Under Islamic president-elect Mohamed Morsi's government, many in Egypt's beleaguered tourism industry are dreading bans on everything from alcohol to modern art to bikinis.
Migrants seeking to escape from the Horn of Africa are often transported south by smugglers whose motives are far from humanitarian.
U.S. stock index futures declined Thursday morning, pointing to a lower opening on Wall Street ahead of a decisive European Union summit in Brussels, where EU leaders will meet to tackle the euro zone debt crisis head on. The summit will take place June 28-29.
?The time has come to do something more drastic toward economic transformation and freedom,? Zuma said.
It is just amazing how we never learn from other people's mistakes.
U.S. car sales are expected to have remained strong in June, maintaining a total seasonally adjusted annual rate (SAAR) of around 14 million vehicles, however sales are beginning to slow at the beginning of summer and a return to pre-recession sales levels is not foreseen anytime soon, according to early predictions by analysts at LMC Automotive and Kelley Blue Book.
Zuma?s ruling party has proposed that the nation?s key mining sector pay more in taxes to finance social spending and also wants to encourage state-owned enterprises to create more jobs.
Spain's short-term borrowing costs almost tripled during Tuesday's debt auction, a day after Moody's downgraded the country's banking system.
Spikes in unemployment might be a necessary evil to austerity reform measures meant to control the European financial crisis. But, when push comes to shove, those high levels of joblessness are actually making contagion of the crisis amongst countries worse.
A graphic published by Der Spiegel, Germany's top newsweekly, is making the rounds among global financial blogs and Facebook walls, succinctly putting into numbers the horrific economic carnage a collapse of the common currency union would entail.
As European leaders prepare for talks later this week regarding the euro zone's economic mess, Spain officially petitioned Monday for up to ?100 billion ($125 billion) in loans to rescue its banking sector.
The European Council's June 28-29 meeting will no doubt be the main focus of this week as some hope that new steps can be taken to grapple with the region's debt crisis.
The market sentiment is likely to remain subdued in the coming week as increasing expectations of a further global slowdown and economic headwinds from the euro zone will continue to weigh.
Hailed as an African reformer, Yoweri Museveni has now become an autocrat who bends the rules to stay in power and hands favors to his family. Nothing new for Africa, unfortunately -- but the exact opposite of what he himself once pledged.
Japan's economy appears to be weakening in the April-June quarter as business conditions deteriorate and exports flatten off, suggesting that the recovery may have lost momentum.
Forget the currency crisis: On Thursday, the Euro that counts is the soccer championship, pitting Germany versus Greece in the quarterfinals. Rarely in history have sport, politics and economics mixed so deeply.
Uruguay's government may begin selling marijuana if a bill proposing the tactic as a means to fight crime passes the legislature