The Bush administration and China are pointing fingers of blame at each other, hoping to sway the final draft of a report outlining the costs and timetable for reducing greenhouse gas emissions.
America's investor class celebrates another record-high Dow average while grunts and jarheads bleed in Iraq. Commentator Ben Stein suggests that a universal draft might make us all more careful about future wars.
An earlier investigation into corruption charges against the U.K.-based defense contractor were quietly dropped after pressure on Tony Blair's government by Saudi Arabia.
No question, Hugo Chavez's social revolution is in motion. Venezuela's state oil today takes over operations currently run by foreign companies — a move that's infuriated Big Oil and could cost a lot of little guys their jobs. Dan Grech explains.
China's voracious appetite for commodities is gobbling up timber supplies in the U.K. and prices are rising fast. That's got some normally well-mannered blokes breaking into fist fights over garden fencing, Stephen Beard reports.
Commentator Amity Shlaes says examinations of how the World Bank conducts business should go beyond its beleaguered President Paul Wolfowitz and his girlfriend.
In the West African country of Mali, per capita income was $470 last year, with 64% of the population living in poverty. Matthew Algeo went there to see how people can exist on so little.
Paul Wolfowitz defends his job before a special committee today. Thing is, he was already cleared for the deal with his girlfriend once. Some say he's being targeted for doing too good a job of cleaning up corruption, John Dimsdale reports.
Last week in the ongoing ABN Amro saga, shareholders rebelled over the board's sale of La Salle to Bank of America without their approval. Now BofA is threatening an eye-popping $220 billion lawsuit. Stephen Beard walks us through it.
E.U. leaders are in Washington today to talk about global warming, but White House opposition has been so staunch that they're holding their breath — for now. They may be more vocal in front of a G8 forum, Sam Eaton reports.
