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The retired former chief of the U.S. central bank, Paul Volcker, told a congressional committee Thursday that to avoid further financial crises there needs to be greater regulation of financial institutions. Paul Volcker testifies before Joint Econo
U.S. President Barack Obama says he ordered the raid(袭击) against al-Qaida leader Osama bin Laden after deciding that the risks were outweighed by the possibility of finally getting our man.Mr. Obama said during a broadcast interview on CBS's 60 M
BERLIN, Jan. 10 (Xinhua) -- German Olympic champion Jonas Reckermann said Thursday that he will retire from beach volleyball due to back problems. Reckermann announced his retirement on the website of the German Volleyball Federation decision is very
LONDON, July 15 (Xinhua) -- Brazilian goalkeeper Alexander Doni has signed contract with Liverpool, confirmed the Premier League side on Friday. Doni, 31, played for AS Roma in Italy in the past six seasons, lifting the Coppa Italia twice as well as
After hosting the G8 summit at Camp David on Saturday, President Barack Obama will host the NATO summit, beginning Sunday in Chicago. Mr. Obama is preparing for the NATO gathering, which has Afghanistan at the top of the agenda. The United States las