http://www.newser.com/2008 - Newseren-usNewser Feed GeneratorMon, 06 Oct 2008 13:57:40 CDThttp://www.newser.com/story/38596/us-dominance-is-dead.html?refid=rss_all_defaultAfter decades of a scolding countries for irresponsible behavior, Uncle Sam has finally had his comeuppance, John Gray opines in the Guardian, concluding that “The era of American global leadership is over." Unable to silence Hugo Chavez, thwart Russian aggression in Georgia, appreciate Chinese fiscal practices, and halt its own shoddy fiscal policy, America’s fate is now being sealed.http://www.newser.com/story/38596/us-dominance-is-dead.html?refid=rss_all_defaultSun, 28 Sep 2008 8:30:09 CDThttp://www.newser.com/story/38378/sovereign-funds-foreign-leaders-sitting-out-bailout.html?refid=rss_all_defaultSovereign wealth funds that were eager to snap up US assets earlier this year are staying on the sidelines now, as the US crafts a massive financial rescue plan aimed at breaking up the logjams that have frozen credit markets, the Washington Post reports. Despite pleas from Treasury Secretary Henry Paulson to help prop up the financial system, foreign governments are taking the stance that the meltdown is an American problem to solve.http://www.newser.com/story/38378/sovereign-funds-foreign-leaders-sitting-out-bailout.html?refid=rss_all_defaultThu, 25 Sep 2008 7:26:50 CDThttp://www.newser.com/story/38177/clerics-shake-up-islamic-finance.html?refid=rss_all_defaultOf the challenges facing Western financial markets, fear of divine intervention isn’t one. The Middle East’s booming debt market is considered one of the most stable in the world, but investors there are getting a taste of “religious interpretation risk,” Portfolio reports. Islamic scholars are declaring that some 85% of sukuks, or Islamic bonds, violate Koran rules against accepting interest.http://www.newser.com/story/38177/clerics-shake-up-islamic-finance.html?refid=rss_all_defaultTue, 23 Sep 2008 15:54:16 CDThttp://www.newser.com/story/38193/fired-workers-kill-boss-in-india.html?refid=rss_all_defaultAn angry mob of laid-off workers killed their former boss at an Italian manufacturing firm in India yesterday, the Independent reports. Lalit Kishore Choudhary, who oversaw Oerlikon Graziano’s auto-parts business in India, was bludgeoned to death with iron bars as he tried to negotiate with the disgruntled former employees. Apparently, a deal was in the works to bring some workers back.http://www.newser.com/story/38193/fired-workers-kill-boss-in-india.html?refid=rss_all_defaultTue, 23 Sep 2008 15:28:37 CDThttp://www.newser.com/story/37610/fda-bans-indian-made-drugs.html?refid=rss_all_defaultThe FDA has banned imports of 28 products made in India by one of the world's biggest generic drug makers, Ranbaxy. The drugs include antibiotics and antiviral medication, as well as medicines for high cholesterol, diabetes, high blood pressure, allergies and acne, reports the Washington Post . There is no danger to the public from the drugs, despite manufacturing violations, said officials, who urged consumers taking the drugs to continue to do so.http://www.newser.com/story/37610/fda-bans-indian-made-drugs.html?refid=rss_all_defaultTue, 16 Sep 2008 22:33:59 CDThttp://www.newser.com/story/36858/us-must-strike-fine-balance-on-mortgage-bailout.html?refid=rss_all_defaultA global storm continues to threaten the world’s economies, and the US government takeover of Fannie Mae and Freddie Mac is just one step, albeit a major one, toward recovery. Whether the latest attempt to right the ship succeeds "ultimately boils down to two big issues," writes Mohamed El-Erian in the Financial Times. Underlying both is the reality of globalization.http://www.newser.com/story/36858/us-must-strike-fine-balance-on-mortgage-bailout.html?refid=rss_all_defaultMon, 08 Sep 2008 9:15:08 CDThttp://www.newser.com/story/36004/investors-companies-benefit-by-accounting-switch-sec.html?refid=rss_all_defaultThe Securities and Exchange Commission sees a smoother ride for American companies, and investors, in its plan for the US to adopt international accounting standards, the Wall Street Journal reports—though the shift would be an expensive, “massive effort,” some say, requiring new training from business schools on up. Critics worry the international standards aren’t as precise and may cause confusion during the transition.http://www.newser.com/story/36004/investors-companies-benefit-by-accounting-switch-sec.html?refid=rss_all_defaultThu, 28 Aug 2008 9:10:40 CDThttp://www.newser.com/story/35721/china-faces-rocky-road-in-keeping-up-growth.html?refid=rss_all_defaultThe opulence of the Beijing Olympics highlighted just how far China has come since opening its economy 30 years ago—it soon will be the world’s third largest. But with the success comes a plethora of challenges, reports the Wall Street Journal. And chief among them is how to maintain the phenomenal growth.http://www.newser.com/story/35721/china-faces-rocky-road-in-keeping-up-growth.html?refid=rss_all_defaultMon, 25 Aug 2008 7:07:56 CDThttp://www.newser.com/story/35624/modern-bullies-arent-worlds-real-threat.html?refid=rss_all_defaultThe world's strong-arm autocrats are surging to the fore, ignoring human rights, denying election results, and barging into neighboring nations. But Hu Jintao, Robert Mugabe and Vladimir Putin are not Mao, Hitler, or Stalin, Francis Fukuyama writes in the Washington Post . That “sort of ideological tyrant no longer bestrides the world stage,” he writes.http://www.newser.com/story/35624/modern-bullies-arent-worlds-real-threat.html?refid=rss_all_defaultSat, 23 Aug 2008 13:27:13 CDT