WASHINGTON — The nation’s political leaders agreed on Sunday to spend and invest less money in the American economy, a step that economists said risks the reversal of a faltering recovery, in the hope of improving the nation’s long-term prosperity. The emerging outlines of a deal to cut spending by […]
Credit / Source: Newsmax.com Robert Wiedemer’s new book, “Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown,” quickly is becoming the survival guide for the 21st century. And Newsmax’s eye-opening Aftershock Survival Summit video, with exclusive interviews and prophetic predictions, already has affected millions around the world — […]
Pravda, Russia. Spanish and Greek bonds rose after German Chancellor Angela Merkel and French President Nicolas Sarkozy agreed on a joint position to solve Greece’s debt crisis. German bunds pared their declines after Luxembourg Prime Minister Jean-Claude Juncker said a “selective default” is a possibility for Greece. Details of the […]
By Khetam Malkawi, Jordan Times AMMAN – Tourism authorities have drafted a strategy seeking to almost double revenues from the sector in five years and build on achievements realised under the current plan. According to a senior official, planners seek to render Jordan “a distinct destination offering a diverse, year-round […]
France – Wednesday 27 July 2011 In April, French Interior Minister Claude Guéant announced he wanted to cut work-related immigration, claiming that the integration of migrants had failed in France. Now the list of jobs open to non-European immigrants has been halved. Foreign lift-repairers, surveyors and insurance salesmen are no longer welcome. […]
Arab News The whole system of hiring maids in Saudi Arabia needs govt attention and changes in the law This newspaper regularly publishes stories about maids in the Kingdom — maids attacked, murdered, abused, raped, unpaid, held as prisoners, treated as slaves — and sometimes even maids executed. There is […]
A friend in need is a friend in deed. And that has been proven time and time again by Saudi Arabia, which is more than a friend to Jordan, with the brotherly ties binding the two countries rising to levels that can be exemplary to other Arab states. At a […]
AMMAN (JT) – Jordan and France on Wednesday signed a memorandum of understanding (MoU), under which France will provide the Kingdom with 600 million euros ($900 million) to finance development projects for the period 2011-2013. The memo, signed by Minister of Planning and International Cooperation Jafar Hassan and Director General […]
WASHINGTON (CNN) — Congress is at a stalemate over raising the federal debt ceiling, and Americans need to pressure their elected representatives to work out a compromise that will avoid a potentially devastating default, President Obama told the nation Monday night. In his seventh prime time televised address, Obama sought […]
PUNE, India — When Ranjit Date returned to India 20 years ago after earning a doctorate in robotics from an American university, he hoped to help automate factory assembly lines in his home country. His company, Precision Automation and Robotics India, has done that. But more recently it has also […]
Visiting London, what better souvenir to take home, but a Rolls Royce Phantom? I was considering buying a Rolls Royce, but then, taking a lesson from the ‘Debt Debate’ I decided to NOT buy the real version and instead go for a toy, thus saving 336’500 UK Pounds. Silly? Well, […]
by Philipp Hedemann in Addis Ababa, Ethiopia, Infosud/swissinfo.ch While millions of people in the Horn of Africa suffer a terrible drought, foreign investors are harvesting tonnes of cereals to be exported to Asia and the Gulf states. swissinfo.ch reports from western Ethiopia on farmland leased by an Indian entrepreneur, where […]
As Congress and President Obama failed yet again to break their stalemate over the debt limit, Wall Street and Washington turned their attention to a critical question: How long will investors give them? “We may have a few stressful days coming up — stressful for the markets of the world […]
AMMAN (JT) – Jordan seeks to become a logistic hub for Turkish products and commodities bound for Africa and the Gulf, Prime Minister Marouf Bakhit said on Saturday. He made the remarks at a joint press conference with Turkish counterpart Recep Tayyip Erdogan following their talks in Istanbul yesterday, the […]
Source: The Wall Street Journal RIO DE JANEIRO—Brazil is just starting to tap into some of the biggest oil fields discovered in the past 30 years, but a growing debate over how to distribute the newfound wealth threatens to delay development of reserves that could transform the country into one […]
Europe’s biggest banks stand to lose 20.6 billion euros ($29.7 billion) on their Greek government bonds after lenders in the region pledged to contribute to a new rescue package for Greece. Banks will voluntarily agree to write down the value of their Greek securities by 21 percent as part of […]
Source:asiatimes on line. The global food system is straining under the intense pressure of rising demand, rising energy prices, growing water shortages and the onset of climate chaos. This, experts tell us, is only the beginning. The price of bread is forecast to nearly double in the next 20 years, […]
By Khetam Malkawi, Jordan Times AMMAN – Although the tourism sector has exhibited steady growth in recent years, this year is witnessing a downturn in the industry’s growth that has so far diminished its contribution to the Kingdom’s gross domestic product (GDP). Experts differ in their analysis of the situation […]
As the US dollar’s value continues to drop, China looks to invest in gold for stability. Growing concerns about the slow death of the dollar rather than a saviour’s goodwill are underpinning China’s widely publicised purchases of European government debt, according to experts. But as the Eurozone debt crisis spreads […]
By ARAB NEWS JEDDAH: Nafisa Shams Academy for Arts and Crafts has launched several training courses to qualify women to find jobs in shops catering to women customers. Jawaher Al-Zahrani, director general of the academy, said that since its inception in 2005 the organization has been providing training programs based […]