January 4, 2009 :: Denver Lessing :: No Comment Yet
As the economic downturn deepens, and job losses continue, with the Treasury moving tens of billions of dollars in “bridge loans” into Chrysler, GM and GMAC, in hopes of preventing the collapse of American manufacturing and the loss of millions more jobs, with banks desperate enough to “deal over debt” that credit-card holders can no longer pay, President-elect Barack Obama is reported to be planning an expansion of unemployment assistance.
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August 25, 2008 :: J.E. Robertson :: One Comment
As the US economy goes through one major shock after another —in jobs, stocks, housing, banking, general inflation, food prices and energy—, with economists saying this is the worst economic trauma since the Great Depression and the “dustbowl” of the 1930s, we are still hearing debate about whether we are in recession and whether or not consumer confidence is dropping off for material or psychological reasons. It just might be that the perspective of the average consumer is determined by actual spending ability.
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April 9, 2008 :: admin :: No Comment Yet
9 April :: Reuters reporting: “The self-described mastermind of the September 11 attacks on New York City and the Pentagon [Khalid Sheikh Mohammed] has been assigned a U.S. military lawyer to defend him in the Guantanamo war court, where he could face execution if convicted, The Miami Herald reported”… Famed Harry’s Bar, owned by Cipriani [...]
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March 25, 2008 :: admin :: No Comment Yet
25 March :: Yousaf Raza Gillani, newly appointed Pakistan PM of coalition gov’t frees judges deposed, detained under Musharraf’s martial law decree; Gillani was once jailed by Musharraf over corruption allegations when he seized power… US Dept. of Justice yesterday announced approval merger of two satellite radio giants XM and Sirius, leading to potential [...]
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March 24, 2008 :: admin :: No Comment Yet
24 March :: Australia’s gov’t is contemplating increases in food aid to poor regions, nations, after study of soarng food prices, mounting scarcity; SMH reports “A steep two-year rise in global food prices, which in Australia has triggered the Federal Government’s inquiry into grocery prices, has taken a heavy toll on poorer populations, particularly in [...]
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February 17, 2008 :: admin :: No Comment Yet
17 February :: Kosovo to declare independence from Serbia today, according to reports from Pristina, EU agencies; EU officials said “around 1,900 international police officers, judges, prosecutors and customs officials and approximately 1,100 local staff will be based in headquarters in Pristina or located throughout the judicial and police system in Kosovo”, according to CNN, [...]
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February 10, 2008 :: admin :: No Comment Yet
10 February :: Highest official yet from Khmer Rouge Cambodian regime, accused of murdering 1.7 million people in ideological purge 3 decades ago, stands trial, but tribunal is facing managerial crisis, related to allegations of mismanagement and lack of sustainable budget… Financial ministers from the “G7″ group of industrialized democracies have said the prosperity of [...]
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January 30, 2008 :: admin :: No Comment Yet
30 January :: US envoy to Kenya, visiting to evaluate tribal violence spreading across east African nation, says “clear ethnic cleansing” taking place in efforts to purge certain areas of Kikuyu tribe members, loyal to fellow Kikuyu, Pres. Mwai Kibaki, accused by opposition of rigging December elections… CSM reports on observers’ feeling that violence in [...]
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January 28, 2008 :: admin :: No Comment Yet
28 January :: Sen. Edward Kennedy (D-MA) to announce support for candidacy of Sen. Barack Obama (D-IL); sources tell press Sen. Kennedy will make announcement alongside niece, Caroline Kennedy, youngest daughter of assassinated pres. John F. Kennedy, who wrote in Sunday NY TImes that Obama has the capacity to inspire people the way her father [...]
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January 6, 2008 :: admin :: No Comment Yet
6 January :: Kenyan opposition leader Raila Odinga rejects Pres. Kibaki’s offer for a power-sharing gov’t, saying Kibaki’s authority is nullified by alleged efforts to rig the December vote… Latest polling shows Obama, McCain pulling ahead of rivals in New Hampshire, apparently bolstered by weekend debates; Clinton, Romney campaigns struggling to keep positive outlook on [...]
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November 17, 2007 :: admin :: No Comment Yet
17 November :: Bank of England governor warns coming year will be hardest economically for Great Britain, with credit problems, banking tightness and housing slump contributing to general tightening of purse-strings, possible consumer slowedown as well; Bank gov. Mervyn King said it will be 2009 “before growth picks up and inflation is brought under control”, [...]
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