A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Thursday by U.S. congressional leaders.
Republican presidential hopeful Rick Santorum has released his four years of tax returns Wednesday. His rate of tax returns for the years 2007-10, which is between 25.4 percent and 28.5 percent, is quite normal. It is much higher than Mitt Romney's 15 percent of tax rate but lesser than Newt Gingrich's projected 33 percent.
Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted sceptically on Thursday as acrimony grew between Athens and eurozone partners led by Germany.
Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted skeptically on Thursday as acrimony grew between Athens and euro zone partners led by Germany.
European Union finance ministers will meet in Brussels to finalise Greece's second bail out deal.
Greece expressed hope Wednesday that it can secure its second EU/IMF bailout in as many years and a deal on easing its debt burden next week, but its euro zone peers made clear the months of increasingly ill-tempered argument are not quite over yet.
Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.
U.S. lawmakers Wednesday reached a sweeping tax cut deal that provides a victory to Democrats and frees Republicans of an issue that threatened to stalk them to the November elections.
Even though he is performing poorly in polls, President Sarkozy announced Wednesday he will seek another term.
According to statistics released by the Pew Center of the States, at least 1.8 million dead people are currently registered to vote. Additionally, 24 million voter registrations have some serious errors. While there is little suspicion of voter fraud, many people have pointed out the serious consequences of using such a flawed system.
Earlier today Sarkozy announced his official slogan La France Forte! (Strong France!), and in response French twitter users flooded the site with their opinions and criticisms of Sarkozy and the slogan, causing France Fort to temporarily trend worldwide.
Egypt's largest political party has sided with the ruling regime in a dispute over American workers facing criminal charges for their work with non-governmental organizations.
Cynicism towards Greece abounds across Europe.
World Bank President Robert Zoellick said on Wednesday he plans to step down when his term ends on June 30, raising questions whether the United States will insist on holding on to a job that has always gone to an American.
People registered to vote in multiple states; people remaining on official voting rolls after they have died; people denied access to the ballot box because of a misspelled name or mismatched address. These are a few of the implications of widespread flaws in voter registration identified in a new study by the Pew Center on the States.
Eurozone finance ministers Wednesday scrapped a planned meeting to be held in Brussels that they had called to approve the new bailout and a related debt restructuring plan.
The antiquated, paper-based voter registration system in the U.S. is responsible for an enormous number of inaccuracies, according to the study.
Millions of Iranians have suffered serious disruption recently in accessing email and Internet social networking sites, raising concerns authorities are stepping up censorship of opposition supporters ahead of parliamentary elections next month.
The European Union is likely to take action against Spain's newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation told Reuters.
Futures on major U.S. stock indices pared earlier losses and point to a slightly higher opening Tuesday ahead of of economic data including retail sales.
It looks like Barack Obama's Democrat supporters and dog lovers are determined to keep the Republican presidential candidate Mitt Romney's Doggy issue alive; in any case till the presidential elections. Romney's treatment of his dog Seamus has been making headlines quite often.
India's headline inflation slowed to its lowest level in more than two years in January as food prices fell, sparking hopes that the RBI will start cutting interest rates sooner rather than later to battle the country's economic slowdown.
