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The financial crisis threatening to plunge the world into recession can be overcome by mid-2010, Pacific Rim leaders said Sunday as they wrapped up a two-day summit.
The Group of 20 Summit Conference in Washington in the middle of November has formally and finally recognized India's standing in the world today as a responsible power and put it on the high table.
Russia's foreign minister said Sunday he had a "constructive" meeting with US Secretary of State Condoleezza Rice on topics including missile defence, arms control and Somali piracy.
Pacific Rim leaders say they can overcome the global financial crisis in 18 months. Meeting in Peru, the 21 leaders from Asia and the Americas say they have taken "extraordinary steps" to strengthen their economies and believe the crisis can be solved in a year and a half.
Shots were fired Sunday at a motorcade carrying the presidents of Georgia and Poland, but no one was hurt, Georgian officials said.
Pacific Rim leaders say they can overcome the global financial crisis in 18 months.
President-elect Barack Obama's top adviser insisted Sunday that Obama's economic plan would be big enough to handle the country's financial challenges, but he declined to speculate about how large the plan would need to be.
WASHINGTON – With global warming melting the Arctic’s eons-old ice at an alarming rate, shipping and oil companies are looking ahead at how to exploit the new open waters.
The head of the UN’s body charged with combating piracy has advocated establishing a UN force to fight the piracy problem off Somalia’s coast.
Pacific Rim leaders say 'extraordinary steps' to strengthen their economies can solve crisis in less than two years
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