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Archive for the ‘News’ Category
In late September, the US government announced the decision to sell weapons which is worth $5.85 billion to Taiwan. A Chinese Defense Ministry spokesman just urged the US to stop selling weapons to Taiwan in order to ensure the steady development of Sino-US military relations.
According to Yang Yujun, it is said at a monthly press [...]
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- Tags: Arms Sales
About 250 million users across the world are visiting AOL’s sites every month. However, journalists, bankers as well as the tech-savvy have shown little love to AOL.
Following the disappointing earnings, comes the tumultuous exit of the founder from TechCrunch news site and speculation over whether the AOL will sell itself to Yahoo, go private or [...]
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- Tags: AOL
The US government, who spent around $80 billion on IT a year, is the largest buyer in the world. However, the US government is now planning to close 40% of its computer centers, which is 800 of its sprawling collection of 2000 data centers, over the next 4 years in order to cut down its [...]
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- Tags: Data Centers
Republicans in Congress pulled out of talks over an ambitious plan to cut down the nation’s deficits by $4,000bn over 10 years due to the party’s opposition to new tax rises sought by Democrats. The development indicates that congressional leaders will look to strike a smaller deal of $2,000bn to shrink US debt and increase [...]
Last week, more Americans than forecast were filing applications for first-time unemployment benefits. Claims for jobless benefits increased from 9,000, to 429,000. Besides, according to figures from the Commerce Department and Census Bureau, it is revealed that new-home sales dropped by 2.1% in May.
These news highlighted the concern of Federal Reserve chairman Ben S. Bernanke [...]
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- Tags: jobless
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