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US Congress finally averts fiscal cliff

US Congress finally averts fiscal cliff

After bitter New Year brinksmanship, the US Congress finally backed a deal to avert a "fiscal cliff" of tax hikes and massive spending cuts that had threatened to unleash economic calamity.
Wed Jan 02 2013
Fiscal deal pushes Congress near dysfunction cliff

Fiscal deal pushes Congress near dysfunction cliff

US lawmakers gave themselves a New Year's resolution of sorts, but it was nearly a lump of coal: a "fiscal cliff" bill that few like, and which highlights the dysfunction gripping Washington
Wed Jan 02 2013
Fate of US 'fiscal cliff' deal hangs in the balance

Fate of US 'fiscal cliff' deal hangs in the balance

The Republicans are angry the pact raises taxes on the rich and yet does nothing to cut spending on social programs that swell the deficit.
Tue Jan 01 2013
US Senate approves deal on 'fiscal cliff' crisis

US Senate approves deal on 'fiscal cliff' crisis

The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession.
Tue Jan 01 2013
US Senate leaders to start wrangling over fiscal deal

US Senate leaders to start wrangling over fiscal deal

The search for an elusive fiscal deal aimed at avoiding blanket tax hikes and drastic spending cuts was in the hands of US Senate leaders Saturday.
Sat Dec 29 2012
Obama returns as fiscal cliff battle heats up

Obama returns as fiscal cliff battle heats up

US President Barack Obama rushed back to Washington on Thursday in a last ditch bid to halt America's slide over the "fiscal cliff".
Thu Dec 27 2012
Crude prices rise in Asia on US fiscal hopes

Crude prices rise in Asia on US fiscal hopes

Oil prices rose in Asia Tuesday, with hopes rising of a US deal to avert the fiscal cliff after a meeting between President Barack Obama and top Republican lawmaker John Boehner, analysts said.
Tue Dec 18 2012
Asia shares gain, unmoved by N.Korea rocket

Asia shares gain, unmoved by N.Korea rocket

Asian markers rose on Wednesday as dealers welcomed signs of progress in US fiscal cliff talks and upbeat data from Germany and Spain.
Wed Dec 12 2012
Asia stocks fall as talks on US budget deal stall

Asia stocks fall as talks on US budget deal stall

Asian stocks tumbled Thursday as hopes began to fade for a quick agreement among US leaders to avoid a "fiscal cliff" that could derail the world's biggest economy.
Thu Nov 15 2012
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024