Washington - The US Treasury Department on Wednesday launched a new programme to aid US car suppliers who have struggled to stay afloat as the wider industry stands on the brink of collapse.
The plan would focus on parts suppliers for General Motors Corp and Chrysler LLC, both of which face possible bankruptcy within the next few months. The two US carmakers are in a race against time to shed massive debt and cut operating costs or risk losing government support.
Bern - Switzerland will reopen negotiations with the US on their bilateral taxation agreement, the Swiss Federal Council confirmed Wednesday - but warned any new treaty may be subject to a referendum.
The first meet is set to take place on April 28 in Bern.
The move follows Switzerland's announcement last month that it would relax its notorious banking secrecy laws and adopt more international standards on taxation and transparency in response to an international crackdown against so-called tax havens.
Washington - The United States is considering its options to assure the safety of 21 crew members being held after pirates hijacked a US-operated vessel off the coast of Somalia, the White House said Wednesday.
The White House is closely monitoring the apparent hijacking of the US-flagged ship in the Indian Ocean and assessing a course of action to resolve this situation," spokesman Robert Gibbs said in a statement.
"Our top priority is the personal safety of the crew members on board," Gibbs said.
Washington, Apr. 8 : The United States has claimed that Osama Bin Laden along with other top Al-Qaeda and Taliban leaders are hiding in Pakistan's ungoverned tribal areas along the Afghan border.
"In the FATA, the western part of Pakistan in the mountains on the Afghan border, that is a war on terror. That''s where al-Qaida lives. That''s where bin Laden is. That''s where the most radicalized part of the Taliban is," The News quoted US Vice President Joe Biden, as saying.
Washington, Apr 8 : Hollywood actress Mandy Moore is keen to shed her "girl next door" image, and is eager to land more decent and powerful roles.
Moore, whose last flick was `License To Wed', has not taken up any acting assignment because she wants to do meaningful roles, and has decided to consider only the roles she thinks are well-tailored.
Moore insists that she can deliver powerful performance if offered a worthy role, and that she is ready to toil to get her capability recognized.