US Unempolyment : In some cities 15% U.S. cities, suffering from diminished revenues as a result of economic turbulence, are hit by growing unemployment, with 18 cities registering unemployment rates of 15 percent, the Labor Department revealed. For the sixth month in a row, all 372 metropolitan areas in USA included in a monthly survey...
The Industrial and Commercial Bank of China, said to be the world’s biggest, signed a deal to buy an 80-percent stake worth 100 million USD of the US subsidiary of the Bank of East Asia on Jan. 21. The agreement came by the time China ’s President Hu Jintao concluded his four-day visit to the US . The deal still has to wait for approval...
Senior negotiators from Iran and the Group 5+1 (the five permanent UN Security Council members plus Germany) ended their first round of talks in Istanbul, Turkey./World News The first round of talks ended in “positive atmosphere” and the next round is scheduled to be resumed later toady. Secretary of Iran’s Supreme National...
US DRONE ATTACK KILLED 3 IN PAKISTAN /A suspected US drone missile attack kills at least three people and injures two others in Pakistan’s North Waziristan. At least three people have been killed in a suspected US drone missile strike in Pakistan’s North Waziristan tribal district, an area under the control of Taliban and al-Qaeda. Senior...
The cable, obtained by WikiLeaks and published Thursday by the Norwegian newspaper Aftenposten, said frequent closures of the Karni crossing had “exacerbated the problem of access and appears to have forced up the cost of bribes” paid to Israelis. The disclosures predate the 2007 armed takeover of the Gaza Strip, home to 1.5 million...