Brazil has approved the construction of a massive hydroelectric dam in the Amazon rain forest — a project that has sparked criticism from environmentalists, indigenous activists and celebrities. Brazil’s environment agency Ibama issued the building license for the $11 billion dollar Belo Monte dam project on Wednesday. The dam is designed to produce about 11,000 […]
Honduras Readmitted to OAS
Posted June 1st, 2011 at 3:55 pm (UTC-5)
The Organization of American States has voted to readmit Honduras following an almost two-year suspension that followed the ouster of the country’s then-president, Manuel Zelaya, in a June 2009 coup. The Washington-based organization Wednesday lifted the suspension after a 32-1 vote in which only Ecuador opposed the move. The vote follows an agreement last month […]
Slow Growth Hurts US Job Market
Posted June 1st, 2011 at 9:10 am (UTC-5)
Sluggish economic growth appears to be slowing U.S. job creation. Payroll processor ADP said Wednesday private companies added only 38,000 jobs in May. ADP also said fewer private sector jobs had been created in April than previously thought. Many economists look at the ADP report as an indicator of what the more comprehensive government-issued employment […]
