
WASHINGTON – President Barack Obama scoffed at the idea that he should apologize to Iran’s leaders for criticizing their violent crackdown on demonstrators and said Friday it was President Mahmoud Ahmadinejad who must answer to his own people.
Standing next to German Chancellor Angela Merkel, Obama said the United States and Germany share “one voice” in [...]

Everybody knows the auto world has shifted. The trick is divining which brands have got the gumption to last.
Now, with President Obama’s new efficiency standards requiring a fleet-wide fuel economy average of 35.5 miles per gallon, automakers have their work cut out for them.
Domestic carmakers in particular are gearing up to battle forthcoming offerings from [...]

The US and European Union (EU) have filed complaints that China is unfairly limiting its raw material exports.
In the trade cases filed with the World Trade Organization (WTO) the US and EU said China was giving its domestic industry access to cheap materials.
China said it was meeting its WTO obligations and would contest the case.
The [...]

Global markets for cocaine, opiates and cannabis are steady or declining, the UN’s annual drug report says.
Opium cultivation in Afghanistan fell by 19% in 2008 while cocaine production in Colombia dropped 28%, it says.
Consumption of the drugs in major markets in Western countries is said to be stable or declining.
But the production and consumption of [...]