Obama to announce economy team
US president-elect Obama will today announce the team he is to call on to save the US economy from recession, and implement one of the most ambitious public spending programmes since Franklin Roosevelt's New Deal. At a press conference in Chicago with his future vice-president, Joe Biden, Obama will... [continued]
Alexander Cockburn: Barack Obama rounds up the usual suspects 
American Transition: all the latest from Washington
Top earners face new tax rate
Alistair Darling will today announce a new higher rate of tax for top earners to help fund a recession-beating £16bn package of tax cuts. In his pre-Budget report today, the Chancellor will say that those earning more than £150,000 will pay 45 per cent tax - an increase of 5... [continued]
The Mole: Brown prepares to tear up Blair's promise on higher taxes
Business Pages: Chancellor to cut VAT, raise taxes
Billion dollar rescue for Citigroup
The US government has bailed out banking giant Citigroup, with guarantees of $306bn and a $20bn cash injection. The rescue plan was announced after Citigroup's shares fell by more than 60 per cent last week, and follows an injection of $25bn of public funds last month. In return for... [continued]
All the latest financial news
Protests halt Thai parliament
The government of Thailand has been forced to cancel all parliamentary debates today as tens of thousands of demonstrators surround the parliament building. The protestors, led by the royalist People's Alliance for Democracy (PAD), say the demonstration is their "final battle" to topple the government. They have occupied the... [continued]
Cholera rages in Zimbabwe
As many as 1.4m people are at risk of contracting cholera in Zimbabwe, according to Medicins Sans Frontieres. The World Health Organisation says that by late last week about 300 people had died in hospitals from the disease, with many more thought to have died at home and 6,000 others... [continued]
Zimbabwe Today: Why Slyvia had to die
Zimbabwe Today: Cholera strikes Zimbabwe
Jackson avoids court appearance
Pop singer Michael Jackson will not appear in the High Court in London today after he reached an out-of-court settlement in principle with Sheikh Abdulla Bin Hamad Bin Isa Al-Khalifa, the King of Bahrain's son. Jackson had been due to fly to the UK today to give evidence... [continued]
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