Americas

Dangerous Tension With Iran

Source: NY Times With tensions rising over Iran’s nuclear program, the Obama administration has now warned the country’s supreme leader, Ayatollah Ali Khamenei, that Iran’s threat to close the Strait of Hormuz would provoke an American response. Earlier this week, international monitors confirmed that Iran has begun enriching uranium at a […]

The risks of conflict

Source:TOI Over the past few weeks, some Syrian opposition leaders have requested foreign military intervention to oust President Bashar al-Assad and his regime from power. Count the US out in any such endeavour. While an intervention involving the American military may, if successful, bring an end to the humanitarian crisis […]

Shoppers pulled back at the holidays

NEW YORK (CNNMoney) — Consumers pulled back on their spending in December despite the holiday shopping season, according to a government report released Thursday. The Commerce Department report showed that overall retail sales rose only 0.1% compared to November — falling short of forecasts of economists surveyed by Briefing.com, who […]