Tuesday, 17 May 2011


Medvedev warns of civil war for Russia

President Dmitry Medvedev has said Russia could face civil war or stagnation if too much power was concentrated in the hands of one man, an apparent jibe at the prime minister, Vladimir Putin.


Treasury to tap pensions to keep goverment afloat: - 

The Obama administration will begin to tap federal retiree programs to help fund operations after the government loses its ability today to borrow more money from the public, adding urgency to efforts in Washington to fashion a compromise over the debt.