Unemployment Rate Drops in USA
The U.S. unemployment rate dropped a tenth up to nine percent after remaining in 9.1 percent for four months, the Labor Ministry informed. Nearly 80,000 jobs were created in the labor market in October, which means that more jobs than those reported by authorities were created in August and September. This week, U.S. President Barack Obama,...
U.S. Blockade Causes Damages to Cuba Construction
Prohibitions and restrictions of the U.S.imposed economic, trade and financial blockade on Cuba have caused severe damages to the construction sector in the Caribbean island. That almost 50-year policy has affected repair and houses construction programs, states the Resolution 65/6 of the UN General Assembly entitled “The Necessity...
USA : Burden of US Debt Law to Fall on most Vulnerable
US Debt paralyzes White House A law to raise the US national debt ceiling could have been a catastrophic payment default which will affect the most vulnerable sectors of the US economy. Although U.S. President Barack Obama included certain adjustments to the health plans for the elderly and a change in the tax code so that the rich pay more,...
Obama: European Debt Crisis shouldn’t Threaten Global Economy
U.S. President Barack Obama made a call to prevent the debt crisis in European zone countries from threatening the global economy. The global economy should not be put at risk, with the debt crisis affecting Greece, Ireland and Portugal, said Obama during a joint press conference with German Chancellor Angela Merkel. According to the president,...
Afghan war kills thousands in 2010
The number of Afghan police killed during 2010 fell about seven percent to 1,292, the government said on Monday, despite violence spreading across the country as the war entered its tenth year. Foreign military and civilian casualties are at record levels despite the presence of about 150,000 NATO-led troops, with 2010 the bloodiest year on...
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