WORLD

Postal Service Could Shutter 250 Facilities

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The United States Postal Service, grappling with a gaping budget shortfall that could lead to a default, is considering whether to cut costs by eliminating some 250 mail processing centers around the country.
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Minsk bomber

Minsk Metro Bombers Go On Trial in Belarus

Konovalov, considered the mastermind of the bombing that killed 15 people, has been charged with terrorism, while Kovalyov has been charged as an accessory to terrorism. Belarus is the only European country that actives employs the death penalty, and if convicted both men could be killed by firing squad.
File photo of a man looking at employment opportunities at a jobs center in San Francisco

Weekly Jobless Claims, Manufacturing Figures Show Weakening U.S. Economy

Claims for unemployment benefits last week rose more than expected, hitting their highest level in more than two months. In addition, manufacturing in a key northeastern region fell more quickly than expected, developments that may pressure the Federal Reserve to try to stimulate business activity.
U.S. Republican presidential candidate Texas Governor Rick Perry

Republicans Favor Perry, But Obama Still Leads Over GOP Nominees: Poll

In the latest Bloomberg News Poll on the 2012 election, Republican and Republican-leaning Independent voters favor Texas Gov. Rick Perry over former Massachusetts Gov. Mitt Romney, but in the poll's entire sample, the public still favors President Barack Obama over any GOP nominee.
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Russian Billionaire Prokhorov Abandons Kremlin

Mikhail Prokhorov, who most Americans know as the New Jersey Nets' eccentric, jet ski-loving owner, is causing a stir in Mother Russia. Prokhorov, who is the country's third richest person, abandoned his Kremlin-backed Pravoye Delo (Right Cause) political party on Thursday, calling for others to join him.
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Can Sarah Palin Shake off Stigma of Sex, Drugs Revelations?

What's up next for Sarah Palin, the former Alaska Governor, regarding the 2012 presidential election? Palin came into prominence when she was selected by John McCain to be his vice presidential candidate in 2008. She has now associated herself with the Tea Party movement in the U.S.
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Is Retaining Greece in Eurozone a Right Move?

France and Germany have assured to support continued membership of Greece in the euro zone with the Greek Prime Minister vowing to persist with austere cuts in the struggling country’s budget.
Sarah Palin, former governor of Alaska

Book Claims Sarah Palin Had One-Night Stand with NBA Star Glen Rice

The former Governor of Alaska, Sarah Palin, who is expected to make an entry next year into the Republican race for 2012, is facing politically devastating allegations about her past. A new book, The Rogue: Searching for the Real Sarah Palin, authored by Joe McGinniss, alleges that Palin used cocaine and marijuana, had a one-night stand with NBA star Glen Rice and had a long term affair with one of her husband's former business associates.
World Bank President Zoellick speaks at a news conference

World Economy in Danger Zone: World Bank Chief

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.
Ivar Giaever

Nobel Laureate Ivar Giaever Quits Physics Group over Stand on Global Warming

Nobel Prize winning physicist Ivar Giaever resigned as a Fellow from the American Physical Society (APS) on Tuesday, condemning the group's official stand on global warming. In 2007, APS adopted an official statement on global warming, which said that the emissions of greenhouse gases from human activities are changing the atmosphere in ways that affect the Earth's climate.
Thailand's King Bhumibol Adulyadej

Top 10 Richest Monarchs of the World (PHOTOS)

In common parlance, members of any family which reigns by hereditary right are often referred to as royalty or royals. Some countries have abolished royalty altogether, as in post-revolutionary France and Russia. But in many countries they still command significant power.
2012 Election

New Book Makes Scandalous Claims About Sarah Palin

Joe McGinniss' book titled The Rogue: Searching for the Real Sarah Palin, alleges that the former republican Vice Presidential candidate had an affair with then-University of Michigan star basketball player, Glen Rice, in the 1980s, snorted cocaine, had an affair with her husband's business partner for six months and smoked pot in college with a professor, according to a report in the National Enquirer.

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