Obama said about Egypt: What’s a billion dollars between friends

Obama said about Egypt: What’s a billion dollars between friends

What’s a billion dollars between friends? President Obama is expected to slash that amount from the tab owed the United States by Egypt in a highly anticipated speech on Mideast and North African relations Thursday. The speech is meant to provide tangible support to the new democracies in the region, and will be broadcast live around the world in Arabic, Farsi, and Hebrew. “We see this as a critical window of time for the United States to take concrete action,” a top administration official said Wednesday. The $1 billion for Egypt will provide “cash flow relief,” the official said, and will be buttressed by another $1 billion loan to help boost infrastructure and jobs.

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Bin laden 'Was Not Armed' video speech

Bin laden 'Was Not Armed' video speech

The White House corrected reports that Osama bin Laden was armed at the time of his death—and that he used a woman as a human shield—at a press conference Tuesday, instead reporting that he "resisted" capture

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Sex scandal of Dominique Strauss-Kahn

Sex scandal of Dominique Strauss-Kahn

Officially Dominique Strauss-Kahn resigned late Wednesday night as the head of the International Monetary Fund. Strauss-Kahn, who faces seven charges of sexual assault in New York after allegedly attacking a hotel maid, made a statement saying his resignation is with “infinite sadness,” but he needed to devote “all my energy into proving my innocence.” “To all, I want to say that I deny with the greatest possible firmness all the allegations that have been made against me,” Strauss-Kahn said in a statement. It was not immediately clear who would replace Strauss-Kahn at the head of the head of the IMF, although earlier reports had put French Finance Minister Christine Lagarde as the most likely successor

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Vladimir Putin and Kremlin race

Vladimir Putin and Kremlin race

10 months before Russia's next presidential elections, the general public and analysts are still in the dark about who will be running. Will incumbent leader Dmitry Medvedev seek a second term? Or is his predecessor and mentor Vladimir Putin planning a return? Might they even run against each other?

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The long escape trip of Gaddafi’s wife and his daughter

The long escape trip of Gaddafi’s wife and his daughter

Tunisian security forces say Muammar Gaddafi’s wife, Safiya, and his daughter Aisha have fled from Libya and are currently in a refugee camp on the island of Djerba. Gaddafi’s oldest son, Muhammed Muammar, was also reported to have gone to Tunisia for “medical treatment,” while a key oil minister, Shukri Ghanem, also defected Tuesday. Safiya Gaddafi was with her husband at his Tripoli compound when an airstrike killed their youngest son, Saif al-Arab.

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Facebook were responsible for the uprising in Egypt

Facebook were responsible for the uprising in Egypt

After Egyptian President Hosni Mubarak stepped down from power on Friday, activist Wael Ghonim spoke with CNN's Wolf Blitzer and credited Facebook with the success of the Egyptian people's uprising.

Ghonim, a marketing manager for Google, played a key role in organizing the January 25 protest by reaching out to Egyptian youths on Facebook. Shortly after that first protest, Ghonim was arrested in Cairo and imprisoned for 12 days.

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Whose behind the world's largest social network Facebook

Whose behind the world's largest social network Facebook

Facebook, the world's largest social network, announced in July 2010 that it had 500 million users around the world. The company has grown at a meteoric pace, doubling in size since 2009 and pushing international competitors aside. Its policies, more than those of any other company, are helping to define standards for privacy in the Internet age.

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