WASHINGTON - The Food and Drug Administration made history Friday as it approved the first drug made with materials from genetically engineered animals, clearing the way for a new class of medical therapies.
PAKISTAN - The release of Dr Abdul Qadeer Khan will be met with jubilation in much of Pakistan, and an equal measure of alarm in Washington.
USA - Executives at Goldman Sachs Group Inc, JPMorgan Chase & Co and hundreds of financial institutions receiving federal aid aren't likely to be affected by pay restrictions announced yesterday by President Barack Obama.
USA - Bill Gross, co-chief investment officer of Pacific Investment Management Co, said the US may slump into a "mini depression" unless policy makers spend trillions of dollars to spur growth.
UK - Electronic surveillance and collection of personal data are "pervasive" in British society and threaten to undermine democracy, peers have warned. The proliferation of CCTV cameras and the growth of the DNA database were two examples of threats to privacy, the Lords constitution committee said.
UK - The Bank of England has reduced interest rates to a record low of 1% from 1.5% in an attempt to boost the shrinking economy. This marks the fifth interest rate cut since October, as the Bank seeks to encourage more lending.
ISRAEL - The president of the Palestinian Authority urged Europe to play a bigger role in the Middle East, renewing his calls for the presence of international peacekeepers and election monitors in the region after the Israeli war on Gaza, which he labelled a "war crime".
USA - While non-Muslim leaders and Islamic apologists in the U.S. and Europe continue to insist that Islam is a religion of peace, every day Muslims commit more violence in the name of Islam.
UK - Managers of a gift shop at a royal estate have apologised for selling golliwog toys. They have since been withdrawn from the shop at the 20,000-acre estate at Sandringham, in Norfolk.
AUSTRALIA - Authorities in Western Australia say they can show the world how to conquer a water crisis that had threatened to decimate the state capital, Perth, amid a long-standing drought and declining rainfall.
BEIJING — A serious drought in at least eight Chinese provinces is threatening large crop-growing areas and leaving nearly 4 million people without proper drinking water, the government said.
CALIFORNIA - With California in a critical drought, every shower, load of laundry and glass of tap water counts. But only in Bolinas could those things cost you your water connection.
WASHINGTON - President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure."
CANADA - In 1992, I was given what became my favorite hotel bill keepsake when I stayed in Mexico City and was charged one million for a brief business stay. It wasn't a mistake. That was one million pesos and the Mexican peso was becoming worthless.
LATVIA - As unrest spreads in Latvia as a result of the worsening economic crisis, the government faces a no confidence vote in the parliament