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. Last Updated: 07/27/2016

06/27/2003

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Rebels Pushed Out of Monrovia

Fighters loyal to Liberia's President Charles Taylor pushed rebels out of the capital's port on Thursday after fierce battles that prompted a British call for U.S. intervention.

A $40M Mall Threatens the Taj Mahal

The Taj Mahal has met the mall, and may come out the loser. India's greatest architectural marvel is threatened with possible monsoon flood damage because of work on a nearby riverbank where a $40 million restaurant and shopping complex was planned.

Australia Challenges Idea of National Sovereignty

The Australian government on Thursday branded multilateral forums such as the United Nations as ""ineffective and unfocused"" and said its future foreign policy would rely on ""coalitions of the willing"" like the one that waged war in Iraq.

EU Ushers in a 'New Era' in Farming

European Union agriculture ministers reached a final agreement Thursday to overhaul the EU's 43 billion euro ($50 billion) farm subsidy program aiming to strengthen Europe's bargaining position in world trade talks.

Fed Trims Interest Rates to 45-Year Low

The Federal Reserve has trimmed U.S. interest rates a quarter percentage point to 45-year lows, citing recent hopeful economic signs as it offered a weaker economic tonic than markets had hoped.

Richest Americans Double Their Take, Pay Less

The 400 wealthiest taxpayers accounted for more than 1 percent of all the income in the United States in 2000, more than double their share just eight years earlier, according to new data from the Internal Revenue Service. But their tax burden plummeted over the period.

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