TRIPOLI-Parties to the crisis in Libya remain deeply divided on how to reach a political solution to the conflict that has raged since February when an uprising flared up in a bid to oust the ruling regime, the United Nations envoy for the North African country, Abdul Ilah Al-Khatib, said today.
Congress has until a week from today to raise the debt ceiling, the cap on the amount of money the Treasury can borrow to pay the government's bills. As the clock keeps ticking, you may still have unanswered questions. How dire could the consequences of not raising the debt ceiling be? What are the possible […]
JAPAN-The head of the United Nations nuclear agency today visited the tsunami-damaged Fukushima nuclear power plant in Japan to gather first-hand information on the damage and repair operations, the International Atomic Energy Agency (IAEA) reported.
This month, the president of the United States angrily walked out of ongoing negotiations over the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This prompted a new round of speculation over whether the United States might default on its financial obligations. In these circumstances, it is useful to recall […]