Under a bill introduced Tuesday in the Senate foreign countries that benign neglected to cybercrime will lose US financial assistance and resources. The International Cybercrime Reporting and Cooperation Act is to require the President to identify "countries of cyber concern" and to plot a course to help each one get tougher on cybercrime. Those countries that don't reach prescribed benchmarks would face economic penalties in the form of cuts to trade assistance grants, US export dollars and foreign-direct investment funds.

According to the Associated Press, Americans are losing confidence in President Barack Obama. As a new national poll, conducted August, 13-17, declares, people are anxious over the future of health care reform and worry about the growing federal budget deficit.  As it was found by Washington Post-ABC News research, only 49% believe the president will make the right decisions for the country. That's down from 60% at the 100-day mark of the Obama presidency.

The Nikkei business daily released a poll of Japan's business leaders who expressed more optimism in their expectations of the economic recovery in the country. While most of them believe that the full recovery is unlikely to come earlier than 2010, half of the presidents and chairmen of 137 major companies said they thought that the domestic economy had improved or showed signs of recovery when compared with six months ago.

President is a person who is simultaneously far from people and close to them. That is a person attracting the majority of nation’s attention as the head of the state. People want to know how their President lives, what are the new things he offers on the way of country development, his thoughts, his business and activity, his negotiations and his visits inside the country and overseas, etc.

The new poll results provided by Washington Post/ABC News showed that U.S. President Barack Obama was found to have very little guilt in the current state of the U.S. economy.80 percent in the respondents blamed banks, financial institutions and corporations in the economic meltdown. About 70 percent also blamed consumers for taking too much debt and the former Bush administration for careless regulation.

Today, when the whole world is suffering consequences of the global crisis , when most of the countries are in the deepest recession, when even the largest corporations have to reduce their business significantly, when a lot of companies have to stop their activity, when people increasingly lose their jobs or have their salaries cut off at best, one important question is arising: whether the global

The White House has announced the launch of Open for Questions, a website aimed at collecting questions from US citizens to be answered by the president.Users of the website can post their questions which afterwards are to be rated by others just like in Digg and Reddit social bookmarking sites. Top rated questions will be answered by Barack Obama.

This week a court sentenced a wife of Frederick Chiluba to a three-and-a-half years imprisonment after chief resident magistrate, Charles Kafunda, found her guilty on five counts of failing to account for properties suspected to have been stolen.The lawsuit was suing the wife of the Zambia president who faced three counts of failing to account for properties involving US$188,000 suspected to have been stolen or unlawfully obtained, and one count of failing to account for a motor vehicle in her possession.

President Barack Obama takes center stage on Tuesday to try to explain to the American people his broad agenda for jolting the United States out of deep recession and confronting long-term economic challenges. Riding high in opinion polls, Obama will deliver a State of the Union-style televised address at 9 pm EST (0200 GMT on Wednesday) in his first appearance before a joint session of Congress since he took office five weeks ago.

LML Payment Systems Inc. had announced the appointing of Craig Thomson as President of the company. Thomson will be responsible for corporation's business and operations in both Canada and the United States. Currently Thomson occupies the position of a president and chief executive officer of the corporation's subsidiary, Beanstream Internet Commerce Inc.

Today was the last day when the doors of the White House opened before George W. Bush. Tomorrow they will open to let in another president, Barack Obama, who will succeed George W. Bush. The eldest son of 41th U.S. President was occupying his post during 8 years that were not very successful, to say the least.

Randall S. Kroszner submitted his resignation Monday as a member of the Board of Governors of the Federal Reserve System, effective January 21, 2009. Kroszner, who has been a member of the Board since March 1, 2006, submitted his letter of resignation to President Bush. He will return to the Booth School of Business at the University of Chicago to assume a newly created chaired professorship.

RBC Royal Bank has announced the appointment of Jason Storsley to the position of president and CEO of RBC Direct Investing, effective February 1, 2009. Storsley will be responsible for developing strategy, growing assets under administration, guiding existing sales and expanding the revenue and market share of RBC Direct Investing. 

Bank of America has announced key regional leadership positions that will be in place once the purchase of Merrill Lynch & Co., Inc. is complete. They will report to John Thain, president of Global Banking, Securities and Wealth Management, in the combined company. Nelson Chai, currently executive vice president and chief financial officer of Merrill Lynch, will be president of the Asia Pacific region. He will be based in Hong Kong.

According to the recent reports the users of Facebook social networking again were hit greatly by the Koobface worm, or being more precise by it new variant. As before, the malware generates messages to friends of infected users on the social networking website. These messages direct the unwary into visiting websites that supposedly offer video clips.