Tag "Barack Obama"
Back to homepageJanet Yellen
Born in Brooklyn, New York, in 1946, Janet Yellen earned a bachelor’s degree from Brown University in 1967. She then went to Yale University, where she received her Ph.D. in 1971. After teaching at Harvard University, Yellen worked at the
Read MoreObama seeks USD 2.6bn for operations in Afghanistan in 2015 budget
The Obama administration is seeking 2.6 billion for Afghanistan in its budget proposals for fiscal 2015, which were sent to Congress on Tuesday. The USD 3.9 trillion budget package includes USD 46.2 billion to fund the State Department and US
Read MoreUS lawmakers slash development aid to Afghanistan by 50%
The US Congress have cut development aid to Afghanistan by 50% for fiscal 2014. In a massive spending bill signed into law on Friday by President Barack Obama, US Congress earmarked USD 1.12 billion for overall civilian assistance to Afghanistan,
Read MoreForbes List of most powerful individuals in the world
There are nearly 7.1 billion people on the planet. These are the 71 that matter the most. What do the president of the United States, the Pope and the founder of Facebook all have in common? They’re all featured on Forbes’ 2012
Read MoreAmerica donates USD 249mn despite the recent rift between Kabul and Washington
The US has pledged USD 249mn to the Afghan government for enhancing counter-narcotics effort, strengthening good governance and facilitating crime investigation. An agreement to the effect was signed on Wednesday between Deputy Foreign Affairs Minister Jawid Ludin and Coordinator Director
Read MoreSpending cut debate casts pall over Obama's second-term agenda
Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda. The failure
Read MoreSpending cut debate casts pall over Obama’s second-term agenda
Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda. The failure
Read MoreState of the Union: Obama pledges to reignite economy
President Barack Obama has urged Congress to back government action to revive the sluggish US economy, in his annual State of the Union speech. The Democratic president promised “smarter” rather than bigger government for “the many, and not just the
Read MoreUS-China responsible for the global growth- Obama
U.S. President Barack Obama told Chinese Premier Wen Jiabao on Tuesday that their two countries had a “special responsibility” to lead the way on balanced, sustained global economic growth. “As the two largest economies in the world, we have a
Read MoreUS economy add 171,000 new jobs
The US economy added 171,000 new jobs in October; however, unemployment rate still rose to 7.9% from 7.8% in September. There are more workers now who have resumed looking for jobs; hence, causing the unemployment rate to jump back up.
Read MoreAnalysts on the effects of sanctions imposed against Iran
According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within six months to a year period of time. And, Iran’s import and exports of goods would become close to
Read MoreAnalysts on the effects of sanctions imposed against Iran
According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within six months to a year period of time. And, Iran’s import and exports of goods would become close to
Read MoreAnalysts on the effects of sanctions imposed against Iran
According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within six months to a year period of time. And, Iran’s import and exports of goods would become close to
Read MoreAnalysts on the effects of sanctions imposed against Iran
According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within six months to a year period of time. And, Iran’s import and exports of goods would become close to
Read MoreChinese telecom giants posing a threat to the US
The US warned security threat posed by Chinese telecom firms Huawei and ZTE, after an investigation into the two companies. Earlier this year, the two firms faced allegations by a US court that some of their equipment had been installed
Read MoreUS unemployment at its lowest since 2009
The US unemployment rate last month fell at 7.8%, down from 8.1% in August. The US economy added a further 114,000 jobs in September, beating expectations. The figure is certainly good news for Barack Obama whose performance was widely criticized
Read MoreNo miracle cure- US economy
Bucking up this recovery is harder than it was in the past IF THERE is a theme to the American presidential campaign, it may be: “Imagine the alternative”. President Barack Obama’s campaign will argue that his actions prevented an economic
Read MoreThe G20 Summit Talks Encouraged Barack Obama
US President Barack Obama was encouraged by the G20 Summit in Mexico. The Summit had laid out bold and decisive actions needed to tackle Europe’s debt crisis. “What I have heard from European leaders during these discussions, they understand the
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