THE world's international financial institutions will be reshaped and worldwide regulatory and accounting rules reformed as a result of the G20 meeting.
The global leaders' 11-page statement spoke of broad principles, leaving the details to be worked out by aides before another summit meeting in April, after Barack Obama assumes the US presidency.
Humbled US agrees to share world's financial top billing
A Military for a Dangerous New World
As president, Barack Obama will face the most daunting and complicated national security challenges in more than a generation — and he will inherit a military that is critically ill-equipped for the task.
Troops and equipment are so overtaxed by President Bush’s disastrous Iraq war that the Pentagon does not have enough of either for the fight in Afghanistan, the war on terror’s front line, let alone to confront the next threats.
Nordic countries top gender equality list; US is 27th
Nordic countries again topped this year's scorecard measuring equality between women and men in 130 countries. The gap between men and women was widest in Yemen, with Chad, Saudi Arabia, Pakistan, Benin, Morocco, Egypt, Turkey, Ethiopia and Bahrain near the bottom of the list.
The United States moved up four places to 27 this year, closing just over 71 percent of the gender gap.
Thousands of Ecstasy pills seized in synagogues
Local police, who were tipped off about the drugs a few days ago, found 3,000 Ecstasy pills and a pistol concealed in the ceiling of a synagogue on Shivtei Yisrael Street.
An additional 3,000 pills were found in the bathroom of another synagogue located nearby.
Obama could change dynamics in the Arab world
To many in the Middle East, he is that rare thing: a minority who, with breathtaking speed and without a military coup, has risen to political prominence. This strikes deeply in a part of the world where repression carries a twofold meaning: Western power and military dominance, and Arab regimes that silence dissent.
Chrysler leaders get millions
As Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is in the awkward position of paying about $30 million in retention bonuses to keep top executives while the company cuts thousands of jobs.
Documents obtained by the Free Press show that at least six Chrysler executives are due to receive bonuses of more than $1 million apiece to stay through August 2009, the two-year anniversary mark of when private equity firm Cerberus Capital Management bought an 80.1% stake in Chrysler.
New Blackwater Iraq Scandal: Guns, Silencers and Dog Food
A federal grand jury in North Carolina is investigating allegations the controversial private security firm Blackwater illegally shipped assault weapons and silencers to Iraq, hidden in large sacks of dog food, ABCNews.com has learned.
Al-Sadr Throws Down the Gauntlet on US-Iraq Talks
Firebrand Shi'ite cleric Muqtada al-Sadr on Friday threw down the gauntlet: he threatened to resume attacks against U.S. troops if they don't leave Iraq "without retaining bases or signing agreements."
Counting the dead gets more complicated in Iraq
This much is agreed - a double bombing in Baghdad struck a school bus and those responding to the first blast. But the difference in casualty figures was stark. Iraqi officials said 31 people died; the U.S. military put the death toll at five.
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