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Oil prices drop close to 50 dollars

Oil prices dropped on Wednesday, with Brent crude falling close to 50 dollars a barrel, as demand for energy weakens worldwide and as the market awaits data on the health of US crude stockpiles. Brent North Sea crude for delivery in

N. Korea says to close land border with South

North Korea said on Wednesday that it would close its land border with the South from December 1, accusing its neighbor of taking confrontation "beyond the danger level."The move follows growing irritation in Pyongyang with the

Obama tries to close deal, McCain vows to fight on

WASHINGTON - With six days left before election day, U.S. presidential front runner Barack Obama is making maximum efforts to close the deal as soon as possible, while underdog John McCain remains unyielding and aggressive against all the