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Archive for the ‘News’ Category
As the US midterm election approach the Republicans’ prospects look good. The polls are lening their way. The Tea Party has embarrassed party leaders here and there by nominating candidates they disapprove of. However, the phase of the campaign is over. The turbulent newcomers will now focus on unseating Democrats, and the interests of party [...]
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- Tags: GOP
The US Federal Reserve has a new policy–the Bernanke put. unlike the “Greenspan put”, the perception that Allan Greenspan’s Fed would cut rates aggressively to baial out equity maqrkets, which is the latest move by Ben Bernanke’s Fed benefited bond markets.
Tuesday’s decision was actually very modest. Instead of slowl shrinking it as bonds matured or [...]
Sterling has continued to rise to meet a new six-month high against the dollar, analysts pointed to the increasing confidence both in the UK economic outlook and worries about the U.S. recovery. The pound strengthened to $ 1.5965, the highest level achieved since they beginning of February.
The United Kingdom has seen optimistic data manufacturing sector [...]
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- Tags: dollar, Pound, Sterlings, USD
President Barack Obama will raise the issue of BP’s alleged role in lobbying for the release of Libyan terrorist Abdel Basset al-Megrahi when he meets David Cameron.
President Obama’s administration has already publicly accepted the UK’s explanation for last year’s release from a Scottish jail of Mr al-Megrahi. However, the White House announced that the US [...]
If the illegal immigrants in the US happened to be lawyers rather than construction workers or domestic helpers, they might have struck it bvery rich by now.
Sometime in the next two weeks, the Obama administration is likely to see the injunction it requested this week to put a stay on the anti-immigration law passed in [...]
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