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Americas

ECONOMIC CRISIS
Obama defends his strategy and $3.6 trillion budget
The US president defended his recovery plan to tackle the recession at a prime-time press conference in Washington. Congressional committees examine his 3.6-trillion-dollar budget this week.
ECONOMIC CRISIS
Obama seeks G20 unity abroad, dialogue at home
In a column published in leading international dailies, US President Barack Obama called on G20 leaders to address the economic crisis ahead of the April 2 summit. He is to give a much-awaited news conference Tuesday.
USA
Teenager dies after police use Taser stun gun
Fifteen-year old Brett Elder died in police custody after Michigan police used a Taser stun gun on him to quell a fight. An autopsy has been ordered to determine whether the death was caused by use of the controversial stun gun.
MEXICO
Million-dollar rewards offered for drug cartel leaders
Mexico's attorney general has published a list of the country's drug lords and offered rewards of up to 2,000,000 dollars for information leading to their capture.
USA
Geithner's plan seeks private investors to soak up bad assets
The US Treasury has unveiled a plan to rid banks of toxic assets in a coordinated effort with private investors to pull the US out of a severe recession. The initial amount for the programme is $500 billion and could later reach $1 trillion.
USA - ACCIDENT
Plane crash in Montana kills 17, including children
A small airplane crashed while approaching the airport in Butte, Montana, killing 17 on board, the Federal Aviation Administration said. Media reports say the plane was carrying children on a ski vacation.
VENEZUELA
Chavez cuts budget, boosts debt as oil slides
Venezuelan President Hugo Chavez announced cuts to his 2009 budget and almost tripled government borrowing to offset plummeting oil revenues, which account for a hefty chunk of the OPEC nation’s budget.
IRAN
Tehran willing to change if US leads the way, says Khamenei
Iran's Supreme Leader Ayatollah Ali Khamenei has said a change in Iranian behaviour is conditional on 'real change', not 'words' on the part of the US administration, a day after US President Barack Obama issued a videotaped appeal to the country.
ARGENTINA
Farmers block roads, call week-long strike over soy taxes
Argentine farmers blocked roads on Friday and declared a seven-day strike - commencing Saturday - against the government over its refusal to lower export taxes on soybeans.
JUSTICE - UNITED STATES
Madoff stays in jail, appeal rejected
The US Court of Appeals in New York has decided not to grant financier Bernard Madoff bail, saying he might try to flee before the trial's verdict on June 16. Madoff has confessed to eleven counts of fraud and faces up to 150 years in prison.
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