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 […]
A new Pew poll shows that people in Muslim-majority nations also fear Islamic extremism. This contradicts the Republican Party’s collective message. We know by now that Republican leaders have a habit of Islam-bashing, and that Herman Cain of course takes the cake. The definitely-won’t-win presidential candidate called a potential Tennessee […]
Almost 10 years after 9/11, rift between Muslims and the West is as great as ever The findings of the US-based Pew Center which regularly survey opinions around the world on a variety of subjects are widely regarded as accurate. Its report published this week on Western and Muslim views […]
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 […]
Herman Cain said Sunday that Americans should be able to ban Muslims from building mosques in their communities. “Our Constitution guarantees the separation of church and state,” Cain said in an interview with Chris Wallace on “Fox News Sunday.” “Islam combines church and state. They’re using the church part of […]
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 Jonathan Turley – International Herald Tribune. SINCE the Supreme Court’s 2003 decision in Lawrence v. Texas, Americans have enjoyed unprecedented freedom in their lifestyles and private relationships. The decision held that states could no longer use the criminal code for social engineering, dictating the most intimate decisions of citizens […]
(CNN) — As Mark Anthony Stroman faces execution Wednesday for the killing of an Indian man in revenge for the September 11, 2001, terror attacks, one of the jurors who sentenced him to death and one of his surviving victims are among those calling on Texas officials to spare his life. […]
SAN FRANCISCO — Strong sales to shoppers in emerging markets and to business customers helped Apple extend its lengthy streak of stellar performance in its earnings report on Tuesday. Even without introducing any major new products, the company attracted legions of consumers in the fiscal third quarter. Profits doubled, and […]
US Secretary of State Hillary Clinton is seeking greater security and nuclear ties on a visit to India. Mrs Clinton said last week’s bombings in Mumbai (Bombay) had “driven home how important it is that we get results”. She also called for deeper trade ties and heard Indian worries over […]
by Marie-Christine Bonzom in Washington, swissinfo.ch A report by the Global Commission on Drug Policy has concluded that the war on drugs has failed, triggering a heated debate in the United States. The report, written by a high-profile panel including former Swiss cabinet minister Ruth Dreifuss, criticises the repressive approach […]
Leaders of the Jamaat-e-Islami Pakistan political party raising joined hands as a show of solidarity during a demonstration in Quetta, yesterday, to protest against the US drone attacks and the Nato supply. The drone war, targeting Taliban and Al-Qaeda commanders in Pakistan’s tribal badlands, is hugely unpopular among a public […]
Housing starts in the U.S. rose more than forecast in June to the fastest pace in five months, led by a surge in work on multifamily dwellings like apartments. Work began on 629,000 houses at an annual pace, up 14.6 percent from the prior month, figures from the Commerce Department […]
In the US, remote-controlled drones are considered great tools in the war on terror. For years Washington has sent these high-tech weapons into western Pakistan, lauding their precision. But a local journalist says he has photographic evidence that civilians are often the victims. Noor Behram remembers why he started on […]
By ASSOCIATED PRESS – Arab News TRIPOLI, Libya: Representatives of Muammar Qaddafi’s embattled government held face-to-face talks with US officials in neighboring Tunisia over the weekend, a Libyan government official said Monday, describing the meeting as a first step in opening dialogue. A US State Department official confirmed the meeting […]
LONDON — European banks for years bolstered their balance sheets with assets considered safe and secure: the sovereign debt of European countries. But now this debt no longer appears so safe, weakening banks when countries still depend on them for loans to help finance their gaping budget deficits. The results […]
http://www.msnbc.msn.com/id/32545640 Visit msnbc.com for breaking news, world news, and news about the economy The mainstream media in the US are really picking up on the issue of Central Banks.
Source: National Public Radio (NPR) Police wearing berets and bulletproof vests broke down the door of a Guatemala City apartment in February hunting for illegal drugs. Instead, they found a different kind of illicit shipment: 27 immigrants from India packed into two locked rooms. The Indians, whose hiding space was […]
The Little America: The sheer size of the new US Embassy compound in Ta’ Qali, which sprawls over 40,000 square metres, can be gauged from this photo. The compound was officially inaugurated last night. Photo: airphoto.com.mt Source/Credit: The Times of Malta: Saturday, July 16, 2011 Spread over 40,000 square metres, […]