Germany compares reported US bugging to 'Cold War' · Suspect arrested in more than 700 European highway shootings · DoD gives German workers pay raises as American workers get furloughed · Krauthammer: Obama's Berlin speech 'self-indulgent, …
The drop in the Syrian pound, the world's steepest currency decline this year, has prompted Syrians to look for alternative methods to maintain the value of their assets amid restrictions on foreign currency and remittances abroad. The pound has fallen …
Policies such as market protection, overvalued currency, low taxes and access to cheap foreign exchange, which were supposed to promote import substitution, simply became vehicles to bolster the flow of oil rent to the local elites. One form this took …
The main risk for Asean is that it could perceived as 'competitive devaluation' legitimizing the old practice of trying to weaken the currency to boost exports. This is especially a risk for Thailand and to a certain extent Malaysia that have large …
China will not take part in competitive devaluation. Q: In its recent report, the People's Bank of China (PBC) described Japan's monetary easing policy as “unprecedented” and expressed its concerns about the possibility that a glut of money in …
Smoke was seen billowing from the massive jet, and after rescue crews put out the fire much of the plane's roof appeared to have burned off. The 777 is a … There were a total of 291 passengers (19 business class, 272 travel class) and 16 cabin crew …
PARIS: Engine makers for next-generation Airbus and Boeing narrow-body jets stepped up their war of words yesterday, claiming their new power plants will burn less fuel, last longer without maintenance and create less noise than the rival. CFM …
Video footage showed the jet, Flight 214 from Seoul, on its belly surrounded by firefighters. (credit: Josh Edelson/AFP/Getty Images). SAN FRANCISCO (CBSDFW.COM/AP) – A federal aviation official says an Asiana Airlines Boeing 777 crashed and burned at …
A British Airways flight in January 2008 crashed short of the runway at London's Heathrow Airport. All 152 passengers and crew onboard the Boeing 777 – the same jet type as Saturday's Asiana flight – survived. This April, a Boeing 737 flown by …