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Archive for the ‘News’ Category
Remained muted U.S. retail sales rose by unexpectedly fast in January, the government said on Friday, but hopes that consumers will emerge as the driving force behind the economic recovery after a separate survey showed an unexpected drop in consumer sentiment.
With unemployment rate at 9.7% and the housing market in the doldrums, the consumer in [...]
Defense and aerospace giant BAE Systems is an “Ethics Monitor” imposed on it by the U.S. Department of Justice.
The appointment is a key part of the plea deal Friday, in which BAE paid a fine of EUR 250 million in the U.S. and 30 million pounds in Britain on business in Saudi Arabia and Tanzania. [...]
U.S. President Barack Obama has announced a $ 3.8tn (£ 2.4tn) budget planning for the year 2011, increased spending on job creation, including, but cuts in other areas.
He predicts the U.S. deficit would be to get a record $ 1.56tn this year. He liked to go back to send astronauts to the moon and will [...]
In Copenhagen, participating countries agreed that the threat posed by climate change is real and that immediate actions need to be taken to reduce warming.
Delegates produced a non-binding treat built around voluntary greenhouse gas reduction targets but failed to establish a “carbon price” or other concrete steps for driving down the CO2 emissions.
That is hardly [...]
According to a senior White House adviser, it is revealed that Barack Obama remains confident that Ben Bernanke will win Senate approval for a second term as Chairman of the US Federal Reserve, in spite of the growing opposition to the nomination.
President Obama contacted key senators, including Harry Reid, the Senate Majority Leader, on Saturday [...]
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