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Alister Bull

Obama ‘heartbroken’ by Zimbabwe’s decline

President Barack Obama criticised Zimbabwean leader Robert Mugabe on Tuesday and warned Africa not to repeat the mistakes that betrayed the hopes of a

Leaders play down austerity split on eve of G20

The richest economies, saddled with huge debts after spending their way out of the crisis, papered over differences on how to clean up their finances.

US to target excessive financial risk-taking

US President Barack Obama will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.

Obama chides banks’ ‘audacity’ for fighting fee

President Barack Obama on Saturday slammed Wall Street's "audacity" for fighting a bail-out fee he wants to slap on financial firms.

Fed set to halve rates, Goldman Sachs reports loss

The Fed appeared set to cut interest rates to within sight of zero on Tuesday and Japan was weighing steps to ease funding.

Rescue of Fannie, Freddie calms markets for now

A government plan to shore up Fannie Mae and Freddie Mac helped calm markets on Monday but did little to allay fears about the health of the system.

More than 80 killed in Iraq bombings

At least 85 people were killed on Monday by a suicide truck bomb in the volatile Iraqi city of Kirkuk, some of them trapped on a bus where they burned to death, according to a witness. Police also said 180 people were wounded and they warned the death toll could rise from the blast that heightened tension in the northern city.

US forces tighten grip on Iraq city

United States soldiers tightened their cordon around al-Qaeda fighters holed up in the Iraqi city of Baquba on Saturday, advancing carefully through streets lined with roadside bombs and booby-trapped houses. ''We are enveloping the enemy into a kill sack,'' said Command Sergeant Major Jeff Huggins.

US forces arrest 60 in Baghdad clampdown

United States troops rounded up 60 suspected militants overnight in a security clampdown to stem violence in Baghdad and killed 26 insurgents in a rebel Sunni stronghold west of Baghdad. The sweep through the southern Baghdad district of Arab Jabour targeted a suspected bomb-making cell linked to attacks across the city of seven million.

Baghdad morgue tells story of heartache

Almost 2 000 bodies were taken to Baghdad's morgue in July, the highest tally in five months of rising sectarian bloodshed that has forced the United States to boost troop levels in the capital to head off a civil war. Morgue assistant manager Dr Abdul Razzaq al-Obaidi said on Wednesday that about 90% had died violently.

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