Bond market debacle seems unlikely, many foreign officials say. But bond market could see loss of America's Triple A rating if there are no big budget cuts long term.
Oscar has always loved films based on true stories – 100 out of 485 Best Picture nominees since 1927 would qualify – but never more than this year. Four of the 10 features on the Best Picture slate are based on real characters and events: “The King’s Speech,” “The Fighter,” “The Social Network,” and “127 Hours.” Eavesdrop on departing moviegoers and you will inevitably hear, “I’d love to know what really happened.” Here are some facts behind the “true-life” stories contending for this year’s Best Picture Academy Award.
As inflation rises and currency weakens, observers will be watching the Communist Party Congress for clearer signs about the government’s determination to stabilize Vietnam's economy.
In cables published today, Australia says the US should not see Iran as a rogue state, rather that Australian officials believe that Tehran sees a "grand bargain" with America as its best way to ensure national security.
Cyberattacks sent MasterCard's website into a tailspin. The page has been up-again, down-again as hackers stage a cyberattack protest in support of WikiLeaks.
The results of Saturday's Afghanistan election aren't expected for days, but because the parliamentary candidates ran as individuals, not as party members, they are unlikely to unite in opposition to President Hamid Karzai.
Independents may play a key role in forming a functioning government after Australia's election ended Saturday without a clear winner.
Julia Gillard became Australia's first female prime minister Thursday after the once unassailable Kevin Rudd lost favor over mining disputes and his shelving of climate change initiatives.
Despite claims of otherworldly origins, the Australia UFO was likely created by the new Falcon 9 rocket launched from Cape Canaveral.