We have come a long way since the days of the creation of the movie “The Adventures of Priscilla Queen of the Desert,” but the story still rings true today.
US Treasury Secretary Timothy Geithner drew a cool response from EU policymakers when he urged them to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice.
United States inflation rate decelerated slightly in August as gasoline prices climbed at a more modest pace and the cost of buying a new car held flat, the Labour Department said on Thursday.
Brazilian president Dilma Rousseff said the financial crisis in the Untied States which is contaminating the rest of the world is more ‘political’ than economic and it’s not only a matter of money, but also and mainly of ‘strong decisions’
One out of every four US Hispanics – 13.2 million people – is living in poverty, according to a report based on the US 2010 Census data that was released this week.
US president Barack Obama defended his Latin American policy, praised Mexico’s resilience in the drugs war, criticized Cuban reforms as insufficient and emphasized the ‘equals-relation’ between countries in the region and Washington.
The number of Americans filing new claims for jobless benefits rose unexpectedly last week in a sign concerns about a weak economy were sapping an already beleaguered labour market, data showed Thursday.
US President Barack Obama has been dealt a double setback after Republican wins in two seats, including one billed as a referendum on his economic policies. In New York, Republican Bob Turner won a key election to succeed Democratic Congressman Anthony Weiner, who quit in June over a sex texting scandal.
The United States poverty rate hit its highest level since 1993 in 2010 with a record 46 million Americans living below the poverty line, according to a US government report on Tuesday that depicted the grim effects of stubbornly high unemployment.
Top opposition Republicans in Congress criticized today President Barack Obama's proposal to pay for a job creation plan by eliminating 467 billion dollars in tax breaks for wealthier Americans and corporations.