Vladimir Putin We discussed this important issue yesterday over a beer...
Barack OBAMA You know, my faith is one that admits some doubt...
Over 45,000 Verizon workers are now on strike touting Verizons refusal to bargain and to bring a stop to the Corporate GREED and Verizon’s attack on the middle class. The Strike which took effect on August 9, 2011, continues to heat up as workers fed up with not being heard and having to give up benefits that [...]
Even Paris Hilton loves Manila, and I agree, just returning from my trip to the Philippines, I am back in New York for the New York City International Film Festival (NYCIFF). But I so enjoyed a my trip to Manila and the full weekend of shopping at the SM Megamall in Manila the other week, [...]
August 08, 2011 a video and press statement with President Obama’s Statement on the Credit Downgrade was released from the White House, from the Office of the Press Secretary, was made for available for immediate release. Here are the remarks by the President: THE PRESIDENT: Good afternoon, everybody. On Friday, we learned that the United States received a [...]
“OUT ON HOLIDAY” come back after the crisis. .. As the World Global Markets are in the worst slump in decades, and fears of a recession mount you have to ask, who’s in charge, with United Kingdom’s Prime Minister David Cameron is on a family vacation in Italy, French President Nicolas Sarkozy busy at his [...]
US unemployment climbed to 9.2% as job creation stalled in the month of June, official figures showed. The number of jobs created in June was the lowest in nine months and poses new challenges to Obama administration’s effort to revamp the economic growth. The Labor Department showed a second month in a row of virtually [...]
The European Central Bank is expected to raise the interest rates in an attempt to fight the inflation despite of the debt crisis at its monthly meeting in Frankfurt later today. If done, this will be the second raise within this year. The European Central Bank that sets financial policy for seventeen eurozone countries is [...]
Former French finance minister Ms. Christine Lagarde has taken over as head of the International Monetary Fund. She is the first woman to head the international monetary body. She was being selected by the 24 member board of IMF last week. She won the coveted seat over Mexico’s Agustin Carstens by receiving support from the [...]
A survey revealed that the growth in China’s manufacturing sector slowed in June after the government policies to prevent the economy from overheating. Country’s Purchasing Manager’s Index (PMI) fell to 50.9 from the previous data of 52. The PMI is a key indicator of conditions in the sector that is a big contributor to the [...]
Online advertising firm Specific Media has bought the social networking site MySpace from Murdoch’s News Corporation. MySpace which was a leading social networking site suffered in the competition and pushed down to losses by the popular growth of its rivals Facebook and Twitter. News Corporation paid a huge amount of $580m for MySpace in 2005. [...]
Christine Lagarde, the French finance minister, has been named as the new chief of the International Monetary Fund, the first woman to head the international body in its history. She fought the Mexican Central Bank chief Mr. Agustin Carsten for the top IMF job. An IMF statement later told that both the candidates were “well [...]