The US House has approved modest changes to President George W. Bush’s record Pentagon budget proposal on Sunday; however, Democrats indicated plans to resurrect a more contentious debate over the Iraq war after the August recess. The House voted 395-13 to approve the measure, which would prov[...]
Posts Tagged ‘US’
February 5th, 2012 - 2:02 pm § in News Of Economy
US House approves $460 bln Pentagon Budget, delays war showdown
January 30th, 2012 - 6:40 am § in News Of Economy
The US depression
With the vast oil reserves of Iraq at its disposal and having acquired supremacy over the world, US faces the worst recession this year with the prices of commodities rising every day. The food assistance program recorded the highest increase with 28 million people using food stamps to buy food. The[...]
January 27th, 2012 - 1:44 pm § in News Of Economy
The true story why Americans hate everything Chinese
Michael Crichton, the author of such selling science fiction extravaganzas like the Jurassic Park has a quieter, less known book which bristles over with a rabid fear of all things Japanese. In the Sun Rising, Crichton talks of the Japanese taking over the US economy. The book is US xenophobia at it[...]
January 25th, 2012 - 6:36 am § in News Of Economy
US – Huge job loses put recession in focus
This is certainly a bad news for the whole world as employers in the U.S cut the most workers in five years last months. According to the Labor department in U.S, employment fell by 80,000 jobs in March 2008. So it is the lay offs in five years. Some economists have now convinced that the [...][...]