The top 1 percent of wage-earners in Britain will may almost one-quarter of the country’s income taxes this year, according to a study by HM Revenue and Customs (HMRC).
During an interview of NBC’s “Meet the Press” news talk show on Sunday, Speaker of the House John Boehner said that while he believes that President Barack Obama is a U.S. citizen and a Christian, he added that isn’t his responsibility to persuade people who questioned Obama’s origin and religion
Rumors and speculation are swirling regarding the whereabouts and health of deposed Egyptian ruler Hosni Mubarak.
Egypt's generals are asserting their command over the country following the overthrow of President Hosni Mubarak, preparing on Monday to ban strikes and to warn they will act against chaos and disorder.
The following is a White House Transcript of President Barack Obama's remarks on the unveiling of his proposal for the U.S. 2012 fiscal year federal budget as delivered at Parkville Middle School and Center for Technology in Baltimore, Maryland on February 14, 2011.
Hundreds of anti-government demonstrators clashed with supporters of Yemen's president on Monday south of the capital, with both sides hurling rocks as protests escalated in the impoverished Arabian Peninsula state.
A Pakistani court charged a police guard Monday with the murder of a politician who opposed the country's anti-blasphemy laws, a killing that exposed deep fissures in Pakistani society.
Prime Minister Silvio Berlusconi said on Monday he had no intention of stepping down and dismissed a weekend demonstration by thousands of women across Italy over his involvement in a sex scandal.
A suicide bomber killed at least two people in an assault on a downtown Kabul hotel Monday, the second attack in the capital in less than three weeks, Afghan and Western officials said.
The Palestinian cabinet resigned on Monday, in an apparent attempt by President Mahmoud Abbas to demonstrate political reform in the wake of the popular uprising in Egypt.
Egypt's new military rulers have given indications of new moves to share power with civilians and rapidly to amend the constitution by popular referendum, opposition activists and a British minister said on Monday.
Kenya Airways reported an 8.9 percent rise in passenger volumes in the final quarter of 2010 after introducing new routes and more frequent flights to Juba in south Sudan.
Morocco's sole sugar refiner Cosumar has not been able to meet interim targets of a plan to raise local beet and cane contribution to overall domestic sugar demand to 55 percent by 2013 from 36 percent.
Nigeria distributed 414.3 billion naira from federal accounts to its three tiers of government for January, up 0.85 percent on the previous month, the acting accountant general said on Monday.
Kenya has raised retail fuel prices to 98.08 shillings per litre of petrol sold in the capital for the next 30 days, from 95.60 shillings, the Daily Nation reported on Monday.
The Lusaka Stock Exchange said on Monday it had rejected a move by Indian group Bharti Airtel's to delist its Celtel Zambia unit, without giving a reason.
Two large international banks suspended operations in Ivory Coast on Monday as a power struggle following a disputed presidential election tightened its grip on the economy of the world's top cocoa grower.
Seeking to balance cuts while maintaining U.S. competitiveness and facing pressure from Republicans seeking even bigger reductions, President Barack Obama said on Monday his proposed 2012 budget was a down payment, on reducing the federal budget deficit, but said more work was needed to address long term challenges.
South African police fired rubber bullets at striking truck drivers on Monday after they stoned vehicles transporting goods in Johannesburg and pulled drivers out of their cabs.
Egypt's military delivered an ultimatum on Monday to dozens of committed protesters in Tahrir Square, nerve centre of a movement that toppled Hosni Mubarak, to leave and let life return to normal or face arrest.
China is the top economy in the world, the majority of Americans believe, according to the latest Gallup Poll.
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
President Barack Obama will push his priorities for the 2012 federal fiscal year budget on Monday. Some of the cuts include programs for low income people and education in a budget that will cut the federal deficit by $1.1 trillion over the next 10 years.
The Egyptian stock market, which has been closed since January 28 amidst civil unrest in the country, will not re-open until at least Sunday, February 20, state-controlled television reported.
Egypt’s military council on Sunday dissolved the parliament ruled by former president Hosni Mubarak and suspended the constitution temporarily for six months or until parliamentary and presidential elections are over.
The federal Pell Grants program may witness cuts up to $100 billion, according to Jacob Lew, director of the Office of Management and Budget.
The proposed deal between the New York Stock Exchange Euronext and Deutsche Börse AG that would create the world's largest financial exchange has apparently run into some controversy with New York Senator Charles Schumer's unintended revelations on post-merger management authority.
Arizona congresswoman in rehabilitation trying to master speech again by mouthing the lyrics to nursery rhyme Twinkle Twinkle Little Star and Happy Birthday
Algerian opposition groups said on Sunday they would follow up the protest they held this weekend by calling a demonstration in the capital every Saturday until the government is changed.
Ivory Coast's presidential claimant Alassane Ouattara said he will extend indefinitely a one-month ban on cocoa exports if his rival does not leave power by the end of that period next week.
