Auto bailout dies in US Senate

The U.S. Senate failed on Thursday night to reach a last-ditch compromise to bail out automakers, effectively killing any chance of congressional action this year. The $14 billion legislation officially died in

Zimbabwe faces crisis with cholera outbreak

A widespread cholera outbreak, under-resourced and under-staffed health system, and inadequate access to safe drinking water and hygiene is threatening the wellbeing of thousands of Zimbabweans. As of December 9, more than

US Recession to worsen, deflation a risk: report

The "nasty" U.S. recession will tighten its grip next year as unemployment rises and weak home and stock prices imperil consumers, finance firms and debt-laden businesses, a UCLA Anderson Forecast report released