Bernanke Defends Fed’s Response To Crisis On PBS Forum
A town hall meeting, hosted by PBS Jim Lehrer, at the Federal Reserve Bank in Kansas City gave Fed Chairman Ben Bernanke a much needed opportunity and tribune to explain, in depth, the difficult decisions made during the worst part of the global financial meltdown.
Nigeria: Clashes Between Islamic Militants & Police Kill 150
Today, a gun battle went on for hours in the town of Potiskum in Northern Nigeria between the police and the members of a Muslim group. A dozen people were killed in the gun battle. In the last two days, various international news organization ( BBC, AFP) report that around 150 people were killed.
Is It Time For ‘Hyper-President’ Sarkozy To Slow Down?
Today, French President Sarkozy was hospitalized at the military hospital of the Val De Grace. Earlier today, while jogging near the palace of Versailles, Sarkozy collapsed. An eye witness speaking to Agence France Presse, on the condition of anonymity, said that “She had seen a jogger surrounded by bodyguards suddenly stumble and collapse in the […]
Should James Carville Be Involved In Afghanistan’s Politics?
The Democratic strategist and former President Clinton’s key adviser has joined the campaign of one of President Karzai’s challengers, Ashraf Ghani. Ghani is a former finance minister and was an analyst at the World Bank. The elections are taking place on August 20, so far President Karzai, despite his slip in popularity for allegations of […]
Overdue Minimum Wage Increase Takes Effect
Despite opposition from businesses, the federal minimum hourly wage will get go up $.70 cents today to $7.25 an hour. This increase may come as a blessing to workers in low-wage jobs across the country who may not often see such wage increases.
