United States

2ND ROUNDUP: US envoy Mitchell meets with Israeli premier

US envoy Mitchell meets with Israeli premierTel Aviv  - United States envoy George Mitchell met with Israel's Prime Minister Benjamin Netanyahu on Thursday in Tel Aviv, the first such meeting since the hardline Israeli government took office on March 31.

Mitchell also held talks with opposition leader Tzipi Livni, with whom he stressed US support for a two-state solution to the Middle Conflict, saying a sustainable peace in the Middle East was in US national interests.

US soldier given life in prison for deaths of Iraqis

US soldier given life in prison for deaths of Iraqis Vilseck, Germany  - A US soldier was sentenced by a military court to life in prison Thursday for the murder of four blindfolded Iraqi men and dumping their bodies in a Baghdad canal.

A jury of eight found Master Sergeant John Hatley, 40, guilty on Wednesday.

Hatley, the highest-ranked of five accused, had been charged with premeditated murder by the military court in Vilseck, Germany, where their unit is based.

IMF expects slow and weak recovery from global recession

IMF expects slow and weak recovery from global recession Washington - As some major economies begin to show signs of stabilizing, the International Monetary Fund Thursday warned that any global recovery from the downturn could last more than three years.

The IMF and its sister lending agency, the World Bank, have already predicted that 2009 will mark the first worldwide contraction since World War II. The IMF's latest report, which draws on lessons from past downturns, suggests that the global economy could remain sluggish well beyond that timeframe.

JP Morgan chase posts better-than-expected profits

JP Morgan chase posts better-than-expected profitsNew York  - JP Morgan Chase reported a better-than-expected first quarter profit on Thursday, the third major US bank to do so.

Figures showed the New York-based bank recorded a profit of 2.1 billion dollars in the first three months of 2009.

Although profits were down 10 per cent from the first quarter of the previous year, they were still better than analysts' expectations of 1.38 billion dollars.

JPMorgan Chase is one of the few major US banks to remain in the black throughout the financial crisis.

National Security Agency found spying on Americans

National Security Agency found spying on AmericansWashington, Apr. 16 : The National Security Agency has attracted criticism for intercepting Americans'' e-mails and phone calls in recent months on a scale that went beyond limits set by Congress last year, The New York Times reported Wednesday.

The problems were discovered during a review of the intelligence activities, the Justice Department said in a statement Wednesday night, and said they had been resolved.

World Trade Centre project won''t be finished until 2037

World Trade Centre project won''t be finished until 2037New York, Apr. 16 : The World Trade Centre won''t be fully rebuilt and occupied until 2037 - a full 36 years after terrorists reduced it to rubble, a new study says.

The endless delays that have plagued the site since 9/11 could drag on, pushing back the project''s completion nearly a generation, said a marketing analysis prepared for the Port Authority and obtained by the New York Daily News.

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