United States

American Economists Share Nobel Prize

The Nobel prize in economic science was awarded Monday to Thomas J. Sargent at New York University and Christopher A. Sims at Princeton University for their research looking at the cause-and-effect relationship between economic policy and the broader economy.    Their work uses statistical analysis to disentangle the question of whether […]

ARABNEWS Editorial: Immunity in Iraq

What are America’s brave soldiers serving abroad afraid of if their hands are clean? America’s audacity is breathtaking. US Defense Secretary Leon Panetta has demanded that Iraq provide total immunity to the US troops staying on beyond the scheduled pullout later this year. First, the US must invent a pretext […]

Clamping Down on High-Speed Stock Trades

Regulators in the United States and overseas are cracking down on computerized high-speed trading that crowds today’s stock exchanges, worried that as it spreads around the globe it is making market swings worse. The cost of these high-frequency traders, critics say, is the confidence of ordinary investors in the markets, […]

Ron Paul wins Values Voter straw poll

Washington (CNN) – GOP presidential candidate Ron Paul secured yet another straw poll victory Saturday. The Texas congressman won 37% of the poll at the Values Voter Summit in Washington, sponsored by the Family Research Council, a social conservative group. However, not all of those who voted for Paul in […]

US embassy ‘defends’ Arab Bank

By Omar Obeidat JORDAN TIMES AMMAN –– As the Arab Bank continues to face allegations in the US that it provided banking services to terrorist groups, cables by the US embassy in Amman, revealed recently by WikiLeaks, defended the financial institution’s reputation. A few years ago, hundreds of Israelis filed […]