The U.S. and Russia announced a long-awaited trade deal that should allow Russia to join the World Trade Organization, and provide new investment opportunities and customers for U.S. exporters. John Dimsdale reports.
A controversial bill in the U.S. Congress would recognize India as a nuclear weapon state for the first time. Passage is uncertain but many U.S. companies are hoping it goes through. Miranda Kennedy explains.
Democrats will take over both the House and Senate when the 110th Congress is sworn in January 3. And they may inherit unfinished business from their lame-duck predecessor. John Dimsdale explains.
One priority of the incoming Democratic Congress will be to repeal tax breaks given to Big Oil in last year's Energy Act — and they may investigate the controversial task force behind the legislation while they're at it. Sarah Gardner reports.
Host Scott Jagow asks the Financial Times' Dimitri Sevastapulo how a Democratic Congress and a new defense secretary will affect U.S. defense spending.
Congress is due back in Washington next week to finish up business they set aside to campaign, like the billions in appropriations that still need to be approved. But that may have to wait, Diantha Parker reports.
With Democrats set to control the next Congress promising honesty and ethics, Sam Eaton looks at what's likely to happen to the K Street lobbying machine.
Mexico's President-elect is scheduled to meet with President Bush at the White House today. Calderon doesn't take office until December 1, but the leaders certainly have plenty to talk about. Dan Grech reports.
California Congressman Henry Waxman is in line to head the Government Reform Committee now that Democrats have won control of the House. Kai Ryssdal asks him what kinds of oversight we can expect.
The leadership change in Congress will certainly affect economic policy. Host Kai Ryssdal talks to our Washington Bureau Chief John Dimsdale and reporter Hillary Wicai about the potential impact.