The Republican race for the Presidential nomination remained wide open with former Governor of Massachusetts Mitt Romney getting the better of Arizona Senator John McCain in the Michigan primary.
While the gap is likely to drop by up to 21 per cent in 2008 from the levels seen in 2006, it is still high enough to keep India's competitive edge as a low-cost market, says a white paper by leading executive search firm Manpower.
Reuters - U.S. stocks dropped sharply on Tuesday
after Bloomberg reported that AT&T sees softness in its
consumer business, sending shares of the phone company tumbling
more than 6 percent and raising more fears about recession.
AP - The U.S. military has video and audio recordings of Iranian boats that threatened to blow up U.S. Navy vessels in the Strait of Hormuz and plans to release them, the top Navy commander in the Mideast said Tuesday. President Bush described the confrontation as a "provocative act."