Washington - The US government is weighing taking an equity stake in General Motors Corp, Bloomberg financial news reported Tuesday citing people familiar with the negotiations. The largest US carmaker faces a June 1 government deadline to further restructure or lose government support designed to keep the industry afloat through the economic crisis and declining demand for US-made cars.
Washington - Former Illinois Governor Rod Blagojevich, who was booted from office by the state legislature earlier this year over a series of corruption allegations, pleaded not guilty to the charges in federal court on Tuesday. In a court appearance in Chicago, Blagojevich pleaded not guilty to 16 criminal counts that included racketeering and wire fraud, the US District Court of Northern Illinois confirmed.
Islamabad - Taliban militants in Pakistan's restive north- western Swat valley on Tuesday refused to lay down arms hours after Pakistani government approved Islamic sharia law for the troubled north-western region, to honour a truce with them. "My brother, we have only conventional weapons - and Islamic sharia gives people the right to keep them. Islamic jihad will continue until Judgement Day," Taliban spokesman Muslim Khan told Geo television's Capital Talk show.
Going by the instructions given by the Election Commissioner, the police Tuesday arrested BJP's Kandhamal candidate, Ashok Sahu, when he was addressing a public gathering in Phulbani. The arrest comes in reaction to Sahu's April 5 inflammatory speech at an election meeting at Raikia; an FIR was lodged against him on April 9.
Warsaw - Poland's government will allot one million zloty (305,269 dollars) to aid families and survivors of a fire that killed 22 people and injured 20, Prime Minister Donald Tusk said Tuesday. Poland will also build a new facility for those left homeless by the blaze that struck a hostel for the homeless in the early hours of Monday. A seven-person commission was investigating the cause.