Releasing a review of the emissions trading scheme (ETS) set up by the Labor government last year, the Green Party has said that the report has given the government the requisite mandate to move ahead with its climate change plan, which would provide no incentive for reducing emissions.

With the ever-increasing number of studies highlighting the dangers of using of cell phones while driving, and the reports about fatal collisions, the US Transportation Secretary Ray LaHood has decided to call a summit on distracted driving, thereby indicating that the Congress should pass the so-called ALERT Drivers Act.

With Controller John Chiang announcing Thursday that California will stop issuing IOUs, or registered warrants, by September 4, taxpayers, local governments and businesses can finally heave a sigh of relief - they would not have to bear the burden of the economically distraught state's debt by accepting paper promises instead of cash!

At the end of a two-day meeting by Federal Reserve policymakers last week, it was almost perceptible that the target range for the federal funds rate - which largely influence borrowing costs - would likely be kept between zero and 0.25 percent, with the objective of stimulating economic activity.

Even as federal cigarette tax jumped to $1.01, an increase of 62-cents a pack, smokers paid higher prices Wednesday, as levies on cigarettes and other tobacco products rose dramatically.

Jakarta - US Secretary of State Hillary Clinton arrived in Indonesia on Wednesday in a visit intended to demonstrate US determination to mend ties with the Islamic world.

Liberal Leader Michael Ignatieff, venturing deep into Conservative territory, when he visited Saskatchewan, acknowledged his party had errored in the way it treated Western Canada, admitting before 300-people in Regina: "God knows this party has made mistakes out in Western Canada and I know them.

President Barack Obama signed the bill that extends healthcare coverage to 4 million children into a law during a White House ceremony on Wednesday. The bill was passed by the US Senate and met with overwhelming approval of the US House of Representatives and only once the bill is passed in both chambers of Congress can the President sign it into law.

It might have angered many of Tibetans, when Twitter suspended the account of the Tibetan spiritual leader Dalai Lama. Some of the Tibetans might be viewing it a step taken under the Chinese pressure. Well, actually the reason of suspending Dalai Lama’s account was not political.  

Washington - US President Barack Obama said it was "depressing" to learn that New York Yankees superstar Alex Rodriguez had admitted to taking steroids.

The revelation that Rodriguez used performance-enhancing substances from 2001-03 while playing for the Texas Rangers further tarnished the sport during the so-called steroid era, Obama said.