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 president and UK prime minister would likely touch on the Libyan issue at their first official meeting in 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 Arizona in April, which it says usurps the powers reserved for the federal government under the US constitution.
The Arizona law would enable citizens to sue police officers if they failed to check the papers of suspected illegal aliens. It is the strongest example so far of states and localities literally taking the law into their own hands. They cite Washington’s failure to fix America’s broken system, which has let in an estimated 11 million undocumented workers, most of whom are from Mexico.

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In the oppressive heat of Guantanamo Bay’s Camp 4, highly compliant detainees with long beards hang out their standard issue white uniforms to dry on the wire fences of their commual compound, as others wander around the yard, dropping seed for birds.
They are among the 90% of the 181 detainees remaining in this notorious prison camp who are now out of their cells and living in shared quarters, up from 40% a year ago. According to the prison guards, it is said that this change has helped morale.

10Jul

Retailers Miss Out on S&P Rally

Posted by admin as Stock

US stocks were up for the fourth straight day as the risk on trade returned to the market ahead of Monday’s earnings season kick-off.
At the close on Friday, the S&P 500 was up by 0.1% to 1071.73, which was 4.8% higher on the week.
The Dow Jones Industrial Average was flat at 10143 and rose by 4.7% during the week. The Nasdaq Composite advanced 0.3% to 2180.89, leaving it 4.3% higher on the week. The Vix index, which is a measure of market volatility, fell by 16.2% to 25.23 during the week.
Retail stocks were some of the week’s worst performers.