UK Chancellor of the Exchequer George Osborne told parliament today that the new government will be seeking broad public input on an 'emergency budget' designed to slash the deficit and modeled on a crash program used by Canada in the 1990s.
Britain Prime Minister David Cameron said Israel's Gaza flotilla raid was 'completely unacceptable' and called for an end to the economic blockade of the impoverished territory.
Markets across the world soared after the European Central Bank promised the creation of a $955 billion rescue fund for eurozone countries with debt problems. But some economists are worried about moral hazard – bailouts leading to reckless spending.
Britain searches for a new direction after 13 years of Labour rule, the first hung Parliament in 36 years, and one of the worst economies since World War II.
Greece protests against the government's tough spending cuts broke out in Athens Thursday, was stocks plunged on Wall Street over concerns about tightening credit markets and declining global demand.
An embattled yet experienced incumbent faces an untested but charismatic Conservative. Also in the mix is a surprise upstart contender.
If British election 2010 results yield a majority of parliamentary seats for a party that comes in second or even third in the popular vote, could it lead to a change in Britain's centuries-old 'first past the post' electoral system?
Former Secretary of State George Shultz, a Republican, defends Obama’s nuclear strategy and discusses his vision of a world without nukes.
As world leaders convene in Washington for a summit on halting the spread of nuclear weapons, a global debate is rising on the merits – and feasibility – of total nuclear disarmament.