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US PRESIDENT Barack Obama
Barack Obama Blocks AIG Bonuses
Washington: US PRESIDENT Barack Obama moved on Monday to block bonuses amounting to $165 million at bailed-out insurance giant AIG as analysts said public anger over the payouts could singe the president. “I’ve asked (Treasury) Secretary (Tim) Geithner to … pursue every single legal avenue to block these bonuses and make the American taxpayers whole,” Obama... »
China, US Caught Suicide
CHINA ON Tuesday angrily accused a US navy surveillance ship of violating international allow in a face-off with its fleet off Hainan, home to its strategic island naval base. “China has lodged a solemn representation to the US as the USNS Impeccable conducted activities in China’s special economic zone in the South China Sea without... »