Clinton fires back sharply at Democratic rivals

Democratic presidential front-runner Hillary Clinton fired back at her rivals and accused John Edwards of “throwing mud” on Thursday in a contentious debate marked by sharp clashes with Barack Obama and Edwards.

Democrats vote to curb Bush’s warrantless spying

Washington Defying President George W. Bush, the U.S. House of Representatives voted on Thursday to protect the privacy of Americans in his anti-terror spying program and refused to shield phone companies from lawsuits.

China’s political system ‘superior’: CPC

China’s ruling Communist party has defended its monopoly on power, claiming that the current political system was “inevitable, innovative and superior”.

Europe January-August trade gap with China soars

Europe’s trade deficit with China surged 25 percent in the eight months through August, giving European officials more reason to pressure China to let its currency trade freely when they visit Beijing this month.

Subprime turmoil not over: OECD

The full global impact of the US subprime mortgage market crisis has yet to be felt although more information is needed to determine its full extent, OECD Chief Angel Gurria said in a speech in Budapest on Thursday.

Opec may turn down US call to increase production

Opec oil nations plan to reject US calls to increase production as crude prices remain stuck above $90 a barrel, according to a draft of the group’s statement to be released this weekend.

Asean to ink charter on free trade

Southeast Asian nations plan to sign a charter in Singapore next week aiming for lofty goals in areas such as free trade and human rights even as the 40-year-old group wrestles with how to handle the divisive issue of Myanmar.

Strikes hit France as unions fight Sarkozy reforms

France faced travel chaos on Wednesday as transport unions broadened a nationwide strike against a pensions reform that President Nicolas Sarkozy says is needed to shore up state accounts.

US urges China to address food safety, speed yuan rise

China must ensure the safety of food exports and allow the yuan to appreciate faster to avoid a backlash and smooth the country’s integration into the global economy, the US Treasury Department’s top China negotiator said.

Bush vetoes health-labour Bill

President George W Bush on Tuesday vetoed a measure to fund education, job training and health programs, marking the sixth veto of his presidency and the latest salvo in a fight with congressional Democrats over domestic spending.

Divided Korea premiers talk money, peace at rare meeting

Prime ministers from the two Koreas met on Wednesday for the first time in 15 years to discuss details of a massive aid package to help rebuild the impoverished North’s infrastructure.

Asia to be hit by US recession: Roach

Asia would be hit by a recession in the United States because it heavily depends on the world’s top economy, Morgan Stanley’s Stephen Roach told Reuters, rejecting a view Asia has “decoupled” from the rest of the world.

Indonesian investment at record levels

Investment in Indonesia during the first 10 months of the year rose 113% from a year ago to a record 114.70 trillion rupiah, an official said in Jakarta on Tuesday.

China may take 5-10 years to hit global M&A in big way

The global credit squeeze has pushed more deal makers away from banks and towards alternative sources of funding such as China, but politics could hamper for years Beijing’s ambition to make a major corporate acquisition.

Paulson may get African heat on dollar policy

Treasury Secretary Henry Paulson heads to Africa this week to spotlight countries the Bush administration sees following sound economic practices but may find heat reflected back over US currency policy.

EU ministers ponder bank losses, euro, oil

Germany sought to downplay news of losses at another of its banks as EU finance ministers met on Tuesday to assess risks to the economy on multiple fronts, from the global credit crunch to surges in the euro and oil prices.

Sarkozy urges debate on EU trade

The European Union must debate ways of giving preferential treatment to domestic businesses to protect its economy from globalisation, French President Nicolas Sarkozy said on Tuesday.

Musharraf must step down, says Benazir Bhutto

Pakistani opposition leader Benazir Bhutto called on Tuesday for military leader Pervez Musharraf to step down as president, isolating him in the run-up to a general election.

Richest nations want norms for bioenergy biz

The world’s richest nations need to devise standards for growing bioenergy crops and trading biofuels as soaring costs for oil and coal spur alternative energies, the Group of Eight countries said.

Venezuelans scramble for food

Venezuelan construction worker Gustavo Arteaga has no trouble finding jobs in this Opec nation's booming economy, but on a recent Monday morning he skipped work as part of a more complicated search - for milk.

EU willing to work with Opec on oil market

`The European Union is willing to work with Opec to seek ways to make the oil market, where the price has spiked to nearly $100 a barrel, more transparent, European Commission President Jose Manuel Barroso said on Monday.

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