U.S. Jobless Benefit Claims Continue to Climb

March 26th, 2009 • No Comments

Last week brought the announcement from the U.S. Department of Labor Statistics that another 652,000 Americans applied for their first jobless benefit last week; roughly double that of last year, and 8,000 more than analysts expected. Continue reading ‘U.S. Jobless Benefit Claims Continue to Climb.’

G20: Emerging Economies Gain Representation

March 23rd, 2009 • 2 Comments

At the upcoming G20 summit in London on April 2nd, there are promises that the International Monetary Fund (IMF) will amend its representation regime to better include developing nations, an expert with the Asian Development Bank (ADB) says. Continue reading ‘G20: Emerging Economies Gain Representation.’

U.N. Renews Afghanistan Mandate

March 23rd, 2009 • No Comments

The United Nations Security Council has extended the mandate for a UN presence in Afghanistan, the world governing body said, in an effort to ensure security in upcoming elections and the projected stabilization of the country. The unanimous 15-member decision sees the extension of the UN mission in Afghanistan extended until March 23, 2010. Continue reading ‘U.N. Renews Afghanistan Mandate.’

The Deeper Ocean of Debt

March 22nd, 2009 • No Comments

The ambitious plans of the new President to cut taxes for the middle and lower classes, while dramatically expanding social services: particularly health care and education, could leave the United States in an ocean of debt unparalleled in history. Continue reading ‘The Deeper Ocean of Debt.’