In the state of Michigan, birthplace of the US car industry, the global crisis is hitting particularly hard. For the blue collar workers who swell the ranks of the jobless, Barack Obama's election manifesto is the only plausible plan for the future.
According to a widely read editorial in the International Herald Tribune, European enthusiasm for the Democratic presidential candidate may prove premature. We debate how well Europeans really know Barack Obama. (Part 1 of 2)
The US economy shrank by 0.3 percent in the third quarter -- its first contraction since late 2007 -- amid slowing investment and a 3.1 percent dip in consumer spending. Analysts fear the slack may herald a prolonged recession.
US financial institution American Express announced it would cut 10% of its worldwide workforce amid efforts to slash costs and save around 1.8 billion dollars in 2009. The credit card giant also ruled out management-level pay rises.
The US embassy shut down as thousands of people marched in protest of an alleged Oct. 26 US raid on a border village that Syrian sources say killed eight civilians. American sources have so far declined to comment officially.
Kate Pesey, the Paris-based chairman of Young Republicans Abroad France, believes that Sarah Palin, the Republican vice-presidential candidate, is an inspiration for American woman and an example of what a working mother can be.
Barack Obama took over American airwaves with a 30-minute advertisement aired on 3 national networks during prime time. John McCain struck back at the TV blitz with several 30-second ads and interviews that were negative in tone.