The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
Hurricane Irene is expected to to make uninvited ports-of-call to Washington, Baltimore, Philadelphia, and New York this weekend. President Barack Obama is leading the federal response effort and says the U.S. Government is prepared to meet the enormous human, resource, and infrastructure needs that the storm is likely to trigger.
Showers could start arriving Saturday afternoon. Tropical storm conditions -- with hurricane conditions possible -- for Saturday night.”
Hurricane Irene charged up the U.S. eastern seaboard on Saturday as a weakening but dangerous storm that shut down New York City and threatened to inflict massive blackouts and flooding.
The new head of the IMF on Saturday urged global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.
When the U.S. went to war with al Qaeda almost a decade ago after the terrorist organization launched a deadly attack against the U.S., killing thousands and taking down New York's World Trade Center towers, the contest seemed un-winnable at times. Since pundits and experts even labeled it that -- the un-winnable war. First, the U.S. killed Osama bin Laden. Now, reports say the U.S. has killed al Qaeda's number two leader.
The U.S. has killed al Qaeda's number two leader, officials say. The U.S. is close to defeating the terrorist organization responsible for the Sept. 11, 2001 attack on the U.S.
Republican Rick Perry initially gained attention after entering the race for the Republican party's presidential nomination for his outspoken, off-the-cuff style, also known as Perryisms. But now the Texas governor on the presidential campaign trail is becoming known as a leader in the race. The latest Gallup poll shows Perry vaulting into the lead for the Republican party's presidential nomination. Perry, who entered the race just a couple of weeks ago, is quickly passing over for...
Defense Secretary Leon Panetta said the military is standing by, preparing to offer aid in response to Hurricane Irene, with roughly 101,000 National Guard forces available to governors of East Coast states, if needed.
Connecticut officials and residents scrambled Saturday to get residents of low-lying / flood prone areas out of harm’s away, as Hurricane Irene, a Category 1 storm packing 75 mile per hour winds and heavy rain. The outer bands of rain from Irene are expected to reach Connecticut by Saturday at 6 p.m. EDT.
Hurricane Irene howled ashore in North Carolina on Saturday on a path that triggered evacuations in New York and threatened the densely populated East Coast with flooding and power outages.
Safety fears over the possible impact of Hurricane Irene have forced the National Football League (NFL) and other North American sporting bodies to reschedule or cancel events for this weekend.
Hurricane Irene makes landfall in North Carolina. 2.5 million evacuation orders are issued along the East Coast. President Obama says Irene will be 'costly.'
Hurricane Irene howled ashore in North Carolina with heavy winds, rain and surf on Saturday on a path threatening the densely populated U.S. East Coast with flooding and power outages.
Hurricane Irene closed in on the east coast on Friday, lashing North Carolina with ferocious winds and triggering emergency steps including unprecedented evacuations and transit shutdowns in New York.
In his Jackson Hole, Wyo. conference speech, U.S. Federal Reserve Chairman Ben Bernanke said, in so many words, that headwinds -- some organic, some Capitol Hill-ish -- confronting the U.S. economy are strong, but the Fed is stronger.
The New York City has experienced unprecedented mandatory evacuations as part of emergency preparations on Friday as the massive Category 1 storm with a speed of 90 mph, teamed up with heavy rains, has approached.
The IMF's updated forecasts to be released next month do not foresee a global recession but risks have risen, a senior International Monetary Fund official said on Friday.
Hurricane Irene is bearing down a path toward assault on the U.S. East Coast Friday. Irene is nearing North Carolina and forcing evacuations and planned closings of public transportation in New York as the I-95 corridor prepares and gets ready to hunker down for the massive storm.
The eastern United States ramped up its alert on Friday ahead of Hurricane Irene and New York City ordered evacuations of vulnerable residents as the broad, menacing storm closed in on the Atlantic coast.
Hurricane Irene promises to ruin everyone's weekend plans, to say the least, and the storm has already started by delaying Sunday's Martin Luther King, Jr. Memorial event, pushing the event to September or October.
Hurricane Irene is bearing down on the U.S. East Coast Friday, nearing North Carolina and forcing evacuations and planned closings of pubilc transportation in New York as the I-95 corridor prepares and gets ready to hunker down for the massive storm. The Category 2 storm is packing maximum sustained winds of 100 miles per hour, moving north at 14 miles per hour. Already, forecasters and officials are suggesting Hurricne Irene is the storm of a lifetime, with potential to inflict a wide path of d...
