3/2 International Herald Tribune - World News, Analysis, and Global Opinions

Beijing vendors fight counterfeiting crackdown March 1, 2009 at 10:06 pm Tenacious vendors have staged protests against lawyers who are pursuing trademark cases, mocking them as bourgeois puppets of foreigners. Ukraine teeters as its citizens blame banks and government March 1, 2009 at 10:06 pm In a key Eastern European nation, banks, factories and services are faltering, and a government default seems possible. U.S. says Iran has material for bomb March 1, 2009 at 10:06 pm The chairman of the Joint Chiefs of Staff confirmed a UN report, going further than previous judgments of the Iranian nuclear threat. For Obama pick, 2nd chance for progress on health March 1, 2009 at 10:06 pm Governor Kathleen Sebelius's efforts to forge bipartisan consensus on health care have rarely succeeded in Kansas. U.S. is said to offer $30 billion more to help AIG March 1, 2009 at 10:06 pm The U.S. government also agreed to loosen the terms of its first loan to the insurer, which will report a $62 billion quarterly loss on Monday, people involved in the discussions said. HSBC set to announce $17 billion fundraising March 1, 2009 at 10:06 pm HSBC Holdings had been able to avoid raising additional capital, but it is now acknowledging that conditions are deteriorating further. Banking stocks lead fall in Asian markets March 1, 2009 at 10:06 pm Asian stock markets slumped Monday amid concerns that a recovery in the global economy is unlikely to materialize until next year and after the U.S. government was reported to have agreed to provide an additional $30 billion in aid to AIG. UBS is said to raise pay despite cuts in bonuses March 1, 2009 at 10:06 pm Salaries for some senior bankers were said to rise to $429,000 from $172,000, still less than before the cuts. EU chiefs attempt to cool bloc's crisis March 1, 2009 at 2:03 pm The leaders of the European Union gathered Sunday in Brussels for an emergency summit meeting designed to tamp down the centrifugal forces unleashed by the global economic crisis that threaten to rip the union apart. With budget at stake, Obama ready to fight March 1, 2009 at 2:03 pm The Obama administration began a new offensive this weekend to sell its economic program, countering the Republicans who call the new budget plan "mind-boggling" in its numbers and ambition. EU leader gets a slap from Sarkozy March 1, 2009 at 1:59 pm France on Sunday called into doubt the prospects of a second term in office for the European Union's top official after new strains arose between Paris and the European Commission over economic policy. New UBS chief faces big cleanup March 1, 2009 at 11:58 am Ossie Grübel, a veteran of Credit Suisse, took the reins of the battered Swiss bank UBS last week.