President Barack Obama will announce plans on Thursday to raise up to $120 billion from major U.S. financial firms to cover expected losses from a taxpayer-funded bank bailout, a senior administration official said on Tuesday.
North Korea will not return to nuclear disarmament negotiations unless the United States agrees to peace treaty talks and lifts sanctions, a senior North Korean diplomat said on Tuesday, leaving little room for compromise.
Prime Minister Tony Blair told U.S. President George W. Bush in 2002 that Britain would back military action if diplomatic efforts to disarm Iraq's Saddam Hussein failed, his former communications chief said on Tuesday.
North Korea said on Monday it wants to reach a peace treaty quickly to replace the ceasefire that ended the 1950-53 Korean War in order to build trust with the United States and revive dormant nuclear disarmament talks.
President Barack Obama should move quickly in 2010 to win approval of long-delayed free trade agreements that would help create new U.S. jobs without adding to the budget deficit, business officials said.
Russian Prime Minister Vladimir Putin said on Thursday he hoped for improved relations with the United States in 2010, days after his attack on U.S. missile defense plans displayed the fragility of efforts to draw closer.
U.S. intelligence chief Admiral Dennis Blair faced tough questions about his future on Wednesday as the Obama administration fended off criticism over the attempted bombing of a Detroit-bound airliner on December 25.
President Barack Obama on Monday signed into law an increase in the U.S. national debt limit to $12.4 trillion, the White House said in a statement.
Russian Prime Minister Vladimir Putin said on Tuesday U.S. plans for a missile defense system were the main obstacle to reaching a new deal on reducing Cold War arsenals of nuclear weapons.
Grammy-winning Cuban band Los Van Van are celebrating 40 years of salsa revolution with a long-awaited return to the United States.
Next year will be crucial for global nuclear non-proliferation efforts and all eyes will be on the United States and Russia to see if the two top atomic powers can reach a deal to reduce their arsenals.
The FBI unveiled hundreds of pages of its files on Michael Jackson today, including an investigation in 1992 of a man who threatened to kill the pop singer and then to do the same to then President George H.W. Bush, according to the documents.
President Barack Obama picked former Bush administration adviser Howard Schmidt to serve as national cybersecurity coordinator, the White House said on Tuesday.
U.S. President Barack Obama and Russian leader Dmitry Medvedev failed to clinch a landmark pact cutting Cold War stocks of nuclear arms on Friday but pledged to keep working for a deal in the New Year.
Switzerland will accept a detainee from the U.S. prison camp at Guantanamo Bay in Cuba after the United States requested the Alpine country and other states to house prisoners.
The United States committed $2.7 billion on Wednesday to help fight HIV infection in Kenya where more than a million people are living with the disease.
U.S. President Barack Obama has written a personal letter to North Korean leader Kim Jong-Il amid efforts by the United States to persuade Pyongyang to return to nuclear disarmament talks.
The Federal Deposit Insurance Corp resisted pressure from the administration of President George W. Bush to extend assistance to Bank of America to complete its purchase of Merrill Lynch but was ultimately convinced of the need, FDIC Chairman Sheila Bair said on Friday.
The House of Representatives on Thursday approved a $447 billion bill that boosts funding for a large part of the U.S. government and reflects priorities of Democrats who control Congress and the White House.
China, the world's biggest steel consumer, said it will impose anti-dumping duties of up to 25 percent on specialized steel imports from Russia and the United States, stepping up a trade row with Washington.
The United States must uphold moral standards when waging wars that are necessary and justified, President Barack Obama said on Thursday as he accepted the Nobel Prize for Peace.
Two leading international human rights groups gave U.S. President Barack Obama mixed reviews on his human rights record on Wednesday, a day before he is slated to accept the 2009 Nobel Peace Prize in Oslo.
