The results of a survey from the National Association for Business Economics shows forecasters are not united on what might be best way to revive the economy. The $787 billion economic stimulus package signed into law by President Barack Obama will have only a “modest impact in shortening the recession,” a survey of economists showed. [...]
“We are not going to continue with a false choice between our safety and our ideals,” said US President Barack Obama two weeks ago, referring to the controversial US prison at Guantánamo Bay, Cuba. Obama plans to shut down the prison, where over four hundred men are detained and which does not conform to international [...]
Western powers have long suspected that Iran has been using its nuclear energy program as a cover to produce nuclear weapons. Inspectors have not yet been convinced that Iran is not building weapons, and many believe that Iran is deliberately being evasive to buy production time. Obama’s stated plan for Iran is to engage in [...]
A laundromat called the Maquina Loca in Vancouver. A Spanish-language radio show plays inside. There is the constant swishing of washing machines and the rumbling of dryers. The walls display posters of Latin American politicians and writers.
Russia’s announcement this week that it was shelving plans to deploy missiles in Kaliningrad could signify a welcome change in global nuclear politics. Russian President Dmitri Medvedev had threatened to install them within spitting distance of Bush’s proposed missile defence system in Poland and Czechoslovakia, the day after Barack Obama won the election. A former [...]
This week media’s focus is Stephen Harper and Jim Flaherty as they fine tune the most anticipated Canadian budget to attempt saving the nation from ravages of a global recession, but also decide the fate of the Conservative government and political careers of both men. According to what I have been following in the news [...]
This very morning, Obama is assuming presidency of the USA. For Canadians, every earthquake south of our border has ripples up here in what Jon Stewart calls the attic and this man taking presidency is certainly a major event. Two weeks ago, a group of First Nations chiefs rode on horseback to Washington D.C. to [...]
Today the world awaits Obama’s formal swearing in as the President of the United States. There has been extensive media coverage regarding predictions about Obama’s inauguration and its effects on bailing out the U.S. economy from the global financial collapse, but the outlook seems to be rather bleak than hopeful. I am following the media [...]
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