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At Issue: U.S. and Global Economies

Nouriel 'Dr. Doom' Roubini: ?Karl Marx Was Right?

Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.

S&P's U.S. Debt Downgrade: Is it the Right Move ?

Standard & Poor's
Credit ratings agency S&P threw a monkey wrench in the works by downgrading its long-term credit rating for the U.S. from AAA to AA+, just days after President Obama signed a debt-limit compromise.
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Chloe Lattanzi?s New Video Stirs Controversy for Suicidal Graphic Content, Cocaine Snorting

Actor-songstress Chloe Lattanzi has got under the conservatives' skin with the release of an allegedly graphic video "Play With Me." Daughter of singer Olivia Newton-John and actor Matt Lattanzi and great granddaughter of Nobel prize-winning physicist Max Born, Chloe Lattanzi is seen performing allegedly disturbing acts including electrocution and self harm using sharp objects and snorting cocaine.
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Has First Glimpse of Higgs boson, the God Particle, Been Detected?

Researchers announced Friday that they detected what is believed to be the first glimpse of the Higgs boson, or God particle. The findings come from two teams in Geneva, at the Large Hadron Collider at Cern, the European particle physics lab where the world's most powerful atom smasher is.
Russia backs Assange for Nobel, Oslo applauds Liu

Russia backs Assange for Nobel, Oslo applauds pro-democracy activist Liu

Russia, which boycotted the Nobel ceremony on Friday, suggested that the Norwegian Committee should award a peace prize to Julian Assange. In an unusual move, Moscow called upon Rights group to rally support for the whistle-blower. Meanwhile, snubbing the communist China, the Nobel Prize committee has called for the immediate release of jailed Chinese dissident Liu Xiaobo.
U.S. Public Works Projects: A Source of Jobs

U.S. Job Growth - Five Programs to Revive It

Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
Argentine singer Facundo Cabral

Facundo Cabral Dead: Police Say Attack was not Meant for Singer, but Driver

An organized attack in Guatemala City has claimed the life of Argentine folk singer Facundo Cabral, who died early Saturday after unknown assailants in vehicles attacked the car he was riding in together with concert promoter Henry Farina as they traveled from his hotel to the airport, police said, according to La Prensa Libre.
Ex-Vice President Al Gore

Why does Al Gore sound superficial on climate change rhetoric?

In an article posted in the editorial of Rolling Stone magazine, Al Gore has come down heavily on President Barack Obama's approach in avoiding a climate crisis. Article titled, Climate of Denial: Can science and the truth withstand the merchants of poison?, says President Obama has thus far failed to use the bully pulpit to make the case for bold action on climate change.
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White House: obstructionism sank Fed nominee

The White House said on Monday it was disappointed Nobel Prize winner Peter Diamond's nomination to be a Federal Reserve governor was thwarted by partisan obstructionism and promised to name a new candidate soon.
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White House disappointed Fed nominee was thwarted

The White House said on Monday it was disappointed Nobel Prize winner Peter Diamond's nomination to be a Federal Reserve governor was thwarted by partisan obstructionism and promised to name a new candidate soon.
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Harvard computer scientist wins Turing Award

Leslie Valiant, professor of computer science and applied mathematics at Harvard's School of Engineering and Applied Sciences, has received the 2010 A.M. Turing Award from the Association for Computing Machinery (ACM) for his contributions to the theory of computation.
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Go now, Egyptian Nobel laureate tells Mubarak

U.S.-Egyptian scientist Ahmed Zewail once received a medal from President Hosni Mubarak. Now, he says, it's time for the Egyptian leader to heed the demonstrators clamouring for his departure.

Who is the next Egyptian leader?

As the Egyptian protest enters its ninth day in Cairo the organizers have announced an indefinite general strike and called for a march of a million in the Egyptian capital on Tuesday. There is a mounting pressure on the president Hosni Mubark to relinquish the post and pave way for new leadership.

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