Obama: End Tax Breaks for Big Oil
(multimedia) President Barack Obama says Americans are getting hit twice _ once at the gas pump, and once more by sending billions of dollars in tax subsidies to oil companies. (March 29)
Category: Currency
(UK) Fuel strike: Police close petrol stations as tempers flare
Police have closed petrol stations in some parts of the UK after drivers rushed to the pumps to fill up over fears of an imminent strike by tanker drivers. Amid accusations that Government ministers...
Spanish strike tests tolerance for reform
(Reuters) – Spanish workers slowed public transport to a crawl and disrupted factories on Thursday in a protest over Prime Minister Mariano Rajoy’s sweeping reforms a day before a new round of budget cuts....
(UK) Government intent on creating fuel crisis
(multimedia) The Government was accused of creating a fuel crisis due to its advice over how to prepare for a potential tanker driver strike. Representatives of petrol station operators said that the Government action...
Chronology of Obama healthcare law legal battle
(Reuters) – The Supreme Court will hear arguments next Monday to Wednesday over the fate of President Barack Obama’s healthcare law, a battle with legal, political and financial implications for the U.S. healthcare system’s...
Lloyd’s of London sees loss after natural catastrophes
The insurance market Lloyd’s of London has announced a loss for 2011, saying it was its worst year for catastrophe claims. It lost £516m in 2011, compared with a pre-tax profit of £2.2bn in...
Day 2 – Transcript – HIGH COURT TAKES ON HEALTH CARE
The Affordable Care Act addresses a fundamental and enduring problem in our health care system and our economy. Insurance has become the predominant means of paying for health care in this country. Insurance has become the predominant means...
Obama Relies on Debt Collectors Profiting From Student Loan Woe
With $67 billion of student loans in default, the Education Department is turning to an army of private debt-collection companies to put the squeeze on borrowers. Working on commissions that totaled about $1 billion...
Swing justice poses tough questions on ObamaCare at Supreme Court hearing
The man often known as the Supreme Court’s swing justice posed tough questions about the scope of the controversial health care overhaul Tuesday, suggesting he might have doubts about its validity. Justice Anthony Kennedy...
Spain risks years without economic growth
(Reuters) – Belt tightening in the board room and the living room, deep public budget cuts and anaemic bank lending may be setting Spain up for years of economic stagnation that could eventually force...
