Merkel: Eurozone must avoid Greek exit
Asked how she saw the future for Greece, Mrs Merkel told the BBC’s Newsnight programme that Athens had repeatedly said it wanted to remain within the eurozone. “It has major weaknesses but it is...
Category: Government Money
Climate Fund Seeks UN-Style Diplomatic Immunity
The Green Climate Fund, which is supposed to help mobilize as much as $100 billion a year to lower global greenhouse gases, is seeking a broad blanket of UN-style immunity that would shield its...
Tea Party rallies in Washington against ObamaCare
Tea Party supporters rallied Saturday in Washington to oppose President Obama’s government health care law, two days before the Supreme Court considers the constitutionality of the legislation. “We want our freedom back,” former GOP...
Obama administration’s plan to cut back pilot firearm training raises security concerns
“The Obama administration has had an institutional hostility towards the concept of arming pilots, and especially the FFDO program, since the beginning,” Lt. Col. Al Aitken, a retired Marine and now with the Airline...
Student-Loan Debt Tops $1 Trillion
(multimedia) The amount Americans owe on student loans is far higher than earlier estimates and could lead some consumers to postpone buying homes, potentially slowing the housing recovery, U.S. officials said Wednesday. Total student...
Obama names surprise World Bank candidate Jim Yong Kim
President Obama has nominated Korean-born US academic Jim Yong Kim to be the next president of the World Bank. The nomination of the Dartmouth College President, a doctor and former director of the HIV/Aids...
Despite concerns, U.S. to give Egypt $1.5B
U.S. officials had said last week that Clinton was poised to grant the waiver because she could not certify that Egypt was in full compliance with the democracy requirements of law. Sen. Patrick Leahy,...
Ireland slumps back into recession
Ireland’s economy sank back into recession in late 2011, despite logging its first annual growth for four years, official data has showed. Irish gross domestic product (GDP) shrank 0.2pc in the fourth quarter after...
Chinese firm helps Iran spy on citizens
(Reuters) – A Chinese telecommunications equipment company has sold Iran’s largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and internet communications, interviews and contract documents show. The system was part...
President Obama doubles down on efforts to boost solar industry
BOULDER CITY, Nev. – President Obama visited a dusty, desert town 30 miles outside Las Vegas Wednesday to declare he’s doubling down on federal efforts to boost the solar industry. Republicans believe Obama is...
