The U.S. Environmental Protection Agency released a report today that shows 15 years of successful results from EPA’s nationwide effort to address acid rain.
Renowned Wall Street analyst Meredith Whitney has warned that the U.S. may witness between 50 to 200 “sizeable defaults” amounting to “hundreds of billions of dollars” among municipal and state governments next year, which could derail the recovery.
Members of the U.S. Congress are convening on Monday in rare secret meeting closed to the public and media to deliberate on the START nuclear treaty presented to them by President Barack Obama.
The results of the 2010 U.S. Census will be made public tomorrow.
Shares of American Express Co. (NYSE: AXP) are tumbling after an analyst at Stifel Nicolaus downgraded the companies because of potential negative impact of pending government regulations.
With time running out on the 111th Congress, two New York Senators are pulling out all the stops for passage of the James Zadroga bill.
The fiscal squeeze promulgated by the British coalition government will increase child and working-age poverty in the U.K. over the next three years, according to a report funded by the Joseph Rowntree Foundation and published today by the Institute of Fiscal Studies (IFS).
President Obama vowed that his administration will not give up on the DREAM Act, after the measure was blocked in the Senate Saturday.
U.S. Senate debate on the START nuclear treaty with Russia will restart Monday afternoon in a secret meeting behind closed doors after opening statements on the chamber's floor this morning.
International observers slammed the Belarussian President Alexander Lukashenko, alleging that fraud and violence were widespread in Sunday's polls. They maintained that the results were 'seriously flawed' and at least six of the nine presidential candidates were arrested and reportedly beaten up by the police.
The CBI, the British business organization, reduced its forecast for UK economic growth in the first quarter of 2011 to 0.2 percent from 0.3 percent; although it noted that the recovery is expected to be “maintained.”
The Spanish economy is slowly recovering, but broad reforms will still be required to create jobs and improve government finances, according to a report from the Organisation for Economic Co-operation and Development (OECD).
The European Union agreed on Monday to ban Cote d'Ivoire's incumbent President, Laurent Gbagbo and his aides, the BBC reported. The Gbagbo regime is likely to be slapped with harsh sanctions from the West. The sanction could also include freezing the personal overseas assets of the president and his men and issuing visa bans.
The European Central Bank (ECB) has expressed concerns about some of the points in the Credit Institutions Bill that is being proposed by Ireland as part of a restructuring of its banking system.
China would invest about $20 billion in Pakistan in the next 3 years, according to a communiqué issued by the two countries on Sunday.
GBP/USD held just above Friday's 3-month low early Monday in Europe amid fresh tensions in the Korean peninsula that fed the greenback with safe-haven demand while the sterling awaited a less important mortgage approvals data by the Bank of England, due later in the session.
With war tensions in Korea strengthening the dollar and rating tensions in Ireland weakening the euro, EUR/USD continued southwards and touched an 18-day low on Monday.
The South Korean military has begun live-firing exercises on Yeonpyeong Island, the country's defense ministry announced on Monday. Local residents were ordered to move into air raid bunkers ahead of the drills. The move comes at the time of heightened tensions in the region and constant threats of retaliation from the North.
Hundreds of investors rioted in the commercial district of Dhaka, Bangladesh on Sunday after the local stock market suffered its sharpest one-day decline in its history.
Belarusian President Alexander Lukashenko is set to be voted in for his fourth consecutive term, exit polls suggest. Local media has reported that Lukashenko is likely to win a massive 72 per cent of the votes while his rival Andrei Sannikov is predicted to get 6.33 per cent. Opposition had already voiced allegations of election fraud by the ruling party in the country. Lukashenko is running against nine opposition candidates.
Israel’s policies in West Bank and other districts are depriving Palestinians of basic necessities while providing lavish amenities to Jewish settlements, Rights group says. Human Rights Watch, in a report released on Sunday slammed the Israeli government for what it called, violations of ‘International laws’ and Palestinian Rights. It also demanded a withdrawal from the settlements.
Despite mounting international pressure, Zimbabwe’s President Robert Mugabe would run in the country’s polls likely to be scheduled for June next year. Mugabe's Zimbabwe African National Union - Patriotic Front (ZANU-PF) unanimously endorsed him as a candidate for the elections on Saturday. The party cadres, along with their leader, also pledged for a ‘harmonious’ ballot in 2011.
Work hard and play by the rules and you'll get ahead. That's been an article of faith, since at least the birth of this nation, in what has come to be called the American dream..
The U.S. Senate on Saturday voted to repeal of the 'Don't Ask, Don't Tell' law, in a move that would pave the way for gays to serve openly in the military.
Grandparents in the UK are providing more than 6,000 pounds ($9,350) of financial support to grandchildren as parents begin to feel the pinch of government cuts, according to a new study by M&S Money.
Cote d'Ivoire's incumbent President, Laurent Gbagbo's aides have called upon their followers to prepare for a battle against the opposing Alassane Ouattara faction. The country seems to be on the brink of civil war as neither of the both groups refused to stand down.
The angry mob battling the police in their riots gear at the heart of Moscow screamed, Russia for Russians! The slogans spread to the Country's second largest city of St. Petersburg. In rather a dramatic fashion, the death of one Russian football fan sparked riots that soon engulfed the whole of the country. Local media has been reporting that city centers have been shut time and again and roads were frequently blocked, over the past couple of days, following sporadic incidents.
Bank of America has banned transactions to whistle-blower site Wikileaks since Friday, according to media reports. The Obama Administration earlier urged financial organizations to sever ties with the site for illegally releasing confidential US diplomatic cables.
U.S. companies are turning profitable again, they have stockpiles of cash and the economy is teetering on its new 'recovery' legs as the government pumps in billions of dollars trying to keep it afloat. Yet, the one thing that is crucial to the recovery is not happening - job creation - as companies remain reluctant to hire.
The President of Sudan Omar al-Bashir stashed away as much as $9-billion of his nation's in foreign bank accounts, according to US diplomatic cables leaked to WikiLeaks.
