All 22 people on board a small passenger plane that crashed in the foothills of the Himalayas of eastern Nepal have been found dead. The Rescue Co-ordination Committee at Kathmandu Airport stated that the wreckage of a the plane was recovered on Thursday at a village 150 kilometers from the capital Kathmandu.
The British government on Wednesday said all the nine electric cars, which will be bought in the country, are eligible for a subsidy of up to £5,000 (or $7,935).
The war in Afghanistan is unlikely to be won, US Intelligence reports suggest. Even as President Barack Obama is all set to announce policy review on the war in Afghanistan, two classified reports state that it could be improbable to end Taliban and Al Qaeda insurgency in the Tribal regions of the country. The reports however, have fueled a bitter row between the intelligence agencies and the military over who has a better perspective and proximity in the war zone.
The U.S. sued BP and eight other defendants on Wednesday over the Deepwater Horizon oil spill in the Gulf of Mex ico, seeking civil penalties under the Clean Water Act.
A U.S. Border Patrol agent is dead, shot in a gun battle Tuesday night at the U.S.-Mexico border near Rio Rico, Arizona.
With American businesses holding nearly $2 trillion on their books, President Barack Obama said on Wednesday that a meeting with corporate executives of 20 of the largest U.S. companies will help elicit a variety of ideas to grow the economy and boost jobs amid an anemic recovery.
The U.S. Senate passed the Middle Class Tax Relief Act of 2010 today by a vote of 81-19. It now goes to the House of representatives, which could take up the matter as early as today.
Social unrest in China has significantly increased this year, with people in small towns and rural areas particularly unhappy with their lives, according to a study by the Chinese Academy of Social Sciences (CASS), a Chinese think-tank.
The Vietnam Veterans of America today filed a Freedom of Information Act lawsuit in U.S. District Court in New Haven, CT, claiming that the Department of Defense has failed to comply with the law by not releasing records on Personality Disorder discharges.
Many experts in the private sector favor expanding the size of the 750-billion euro European Financial Stability Facility (EFSF), which was created to bail out European countries under sovereign debt pressures.
Baby Boomers, who have already received $2.4-trillion in inheritances, are poised to inherit another $8.4-trillion from their parents and grandparents, according to a study authored by the Center for Retirement Research at Boston College for the MetLife Mature Market Institute.
Greek unions have again staged strikes and demonstrations to protest the government’s austerity measures, including changes in labor laws and widespread cuts in wages.
Industrial production showed signs of recovery as it rose more-than-expected in November, a report by the U.S. Commerce Department showed. Total capacity utilization for the industry rose to 75.2 percent during the month.
A bomb explosion in the southeastern Iranian city of Chabahar has killed at least 39 mourners commemorating the martyrdom of the third Shia Imam on Wednesday. The victims also included women and children while over 50 people have suffered severe injuries.
Inflation in the U.S. continued to remain weak during November, in line with analysts' expectations, according to a report by the U.S. Labor Department.
U.S. Coast Guard Rear Adm. Sandra L. Stosz will, this summer, become the first woman to head up a U.S. military service academy, when she becomes superintendent of the Coast Guard Academy in New London, Connecticut.
Chinese premier Wen Jiabao arrived in New Delhi on Wednesday on a three-day visit seeking to boost mutual trust and understanding, and cement trade and economic ties between China and India.
The prosecutor at the International Criminal Court (ICC) has named six high-profile Kenyans including senior politicians and a former police chief who were suspected to be behind the violence that followed the disputed 2007 elections. Close to 1,200 people lost their lives while over 650,000 were displaced in the riots. Kenyan police are on high alert after the announcement which observers say could spark renewed clashes in the region.
India’s state-controlled investigating agency Central Bureau of Investigation (CBI) on Wednesday raided the premises of corporate lobbyist Nira Radia, former Telecom Regulatory Authority of India (TRAI) chairman Pradeep Baijal and former telecom minister A Raja’s relatives in connection with the $39 billion 2G spectrum scam.
Employment rates remained mostly stable in the euro area during the third quarter, dropping only by 0.2 percent, while unemployment rate in the U.K. touched its highest since the beginning of the year.
The U.S. Environmental Protection Agency (EPA) said it has removed common artificial sweetener saccharin, long believed to be a potential cancer-causing substance, from its list of hazardous substances.
At least for now in Italy, it seems like history moves in circles. The political crisis which forced the government into a confidence vote is far from over. Even as political analysts called Silvio Berlusconi's life 'a fitting autobiography of the nation,' the Italian PM narrowly survived a vote of confidence in the lower house of parliament by 314 to 311 on Tuesday. Riots broke out following his win, illustrating the instability within the country's borders.
The India-U.S. solar collaboration has hit some snags as the U.S. is trying to push India to remove regulations related to imports of solar technology, the Wall Street Journal reported.
Sealed off security zones in major American cities post 9/11 attacks has led to blighted landscapes and create an 'architecture of fear', said a study.
The Australian dollar that rose above parity on Tuesday helped by renewed risk appetite after the US Fed's decision to keep its accommodative policy intact for an extended period of time, but was down across the board in Asian trade on Wednesday as investors booked profit.
Some of the so-called emerging markets have advanced to a point where they might be considered “developed” -- or not, depending on one’s views and criteria. Further complicating this picture is the arrival of “frontier” markets – countries even less developed than the emerging markets, but boasting even greater long-term growth potential.
The rise in income uncertainty and the 1997 pension reform measures have been largely responsible for the recent rise in China's savings rate. Other factors include health care costs and astronomical real estate prices.
Increasing domestic oil production could reduce unemployment, create jobs, and help jump-start the U.S. economic recovery, said Marc Weidenmier of the American Enterprise Institute.
The Vietnam Veterans of America is going to sue the Department of Defense for, the group says, wrongfully discharging nearly 26,000 service members for “Personality Disorder.”
Rep. Darrell Issa, R-CA, criticized the temporary extension of tax breaks, saying a failure to extend them permanently creates uncertainty for businesses.
