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Archive for the ‘News’ Category
According to Ben S. Bernanke, chairman of The Federal Reserve, it is indicated that the US government had to make “difficult choices” to address its gaping deficits. It is also warned that “postponing them will only make them more difficult.”
It is believed that a moderate economic recovery had begun. It is said that a credible [...]
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- Tags: Gaping Deficits
After audits faulting the program, the US government announced that it would substantially tighten the certification process for products bearing the label of EnergyStar, which is the stamp of approval for an energy-efficient product.
Over the past six months, both the Government Accountability Office and the Energy Department’s inspector general have issued reports detailing significant [...]
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- Tags: EnergyStar Label
In spite of the subdued market for equity trading and investment banking in the first quarter of 2010, investor has high expectations in the U.S. financial groups for strong earnings growth. Commercial banks like JPMorgan Chase will go on to benefit from the gap between the ultra-low short-term interest rates at which they borrow and [...]
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- Tags: US Banks
Today, the US and Russian presidents signed a new strategic arms control treaty, which is also known as Start, in an effort to reduce the number of warheads deployed by the two nations by about a third. It become a sign of the US administration’s emphasis on scaling back its nuclear arsenal as well as [...]
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- Tags: nuclear treaty
Hollywood companies won a legal battle against a website—Newzbin, which is accused of helping people obtain pirate copies of films.
With a damages claim to be heard at a later hearing, the film producers including Twentieth Century Fox, Paramount, Universal, Warner Brothers, Disney and Columbia, were granted an injunction against Newzbin, which provided a sophisticated technical [...]
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