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U.S. Economy Started to Grow Again in the Third Quarter

U.S. Economy Started to Grow Again in the Third Quarter

The government reported that output of goods and services grew at a 3.5 percent annual rate, which was faster than expected. But it will be months before job-seekers feel the benefits.

 

GMAC to get up to $5.6bn capital injection

GMAC, the car financing company, is set to receive up to $5.6bn in a new capital injection from the Treasury, filling a hole identified in the “stress tests” earlier this year and paving the way for the government to become the majority shareholder

 

Obama Unveils New Sudan Strategy

U.S. President Barack Obama on Monday unveiled a new strategy toward Sudan, offering incentives if the Khartoum government worked toward peace, but said it faced tougher steps if it failed to act.

 

Maldives Government Holds Underwater Cabinet Meeting

Maldives Government Holds Underwater Cabinet Meeting

The government of the Maldives has held its first underwater cabinet meeting to attract international attention to the dangers of global warming.

 

Zimbabwe's MDC boycotts unity government with Mugabe

Zimbabwe's opposition MDC said it would boycott the country's power-sharing government until sticking points have been resolved and a political deal is reached, sparking the biggest crisis since the administration was formed nine months ago.

 

Gov't to consumers: break on winter heating costs

There's good news for people worried about winter heating bills....

 

Mending Fences for 2 Asian Leaders

The North Korean leader, Kim Jong-il, held talks with Prime Minister Wen Jiabao of China as his government tried to mend ties with Beijing.

 

Tens of thousands in Philippines flee new typhoon

Tens of thousands in Philippines flee new typhoon

Tens of thousands of villagers fled the likely path of a powerful typhoon bearing down Friday on the Philippines, as the government braced for the possibility of a second disaster just days after a storm killed more than 420 in four Southeast Asian countries....

 

Honduras Shuts Down 2 News Outlets

Two stations that regularly broadcast calls from the deposed president were closed in a crackdown on civil liberties by the de facto government.

 

Manila hit over aid delay after storm kills 140

Philippine officials scampered to send relief aid Monday to hundreds of thousands hit by weekend floods in and around Manila, while anger mounted over what was seen as an inadequate response from the government.

 

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