Obama names Richardson as Commerce Secretary
CHICAGO (Reuters) - President-elect Barack Obama on Wednesday named New Mexico Gov. Bill Richardson, a former rival for the Democratic presidential nomination, as Commerce Secretary.

Japan faces deep recession, central banks slash rates
TOKYO (Reuters) - Japan may be in a deeper recession than first thought as businesses cut spending because of the worsening global recession, which will likely force central banks in Britain and Europe to slash interest rates later on Thursday.

Rice pushes Pakistan, seeks to curb India response
NEW DELHI (Reuters) - U.S. Secretary of State Condoleezza Rice pressed Pakistan to cooperate fully in the probe into the Mumbai attacks but she also warned India against any action that could stoke regional conflict.



  
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