The Organization for Economic Cooperation and Development says the economic recovery is close to stalling in the major industrialized nations. Experts from the OECD published the economic assessment Thursday in Paris, and also said growth remains strong in most emerging economies, but at a more moderate pace. The 34-member organization includes the United States, Japan, […]
OECD: Economic Slowdown Likely to Continue
US Jobless Claims Increase
The number of unemployed workers seeking new U.S. government financial assistance edged up last week, more evidence that the country’s economy is slowing. The government said Thursday that 414,000 jobless workers sought their first unemployment compensation, 2,000 more than the previous week. The number of claims suggested that U.S. employers are not laying off significantly […]
US Experiences Historic Weather-Related Disasters in 2011
As hurricane season intensifies in the Atlantic Ocean and wildfires continue to ravage the southern state of Texas, officials are saying the U.S. has seen a historic number of destructive and costly weather disasters in 2011. The National Climatic Data Center says the U.S. so far this year has suffered through a record-breaking 10 climate-related […]
US Raises Alert Level at Military Bases
The United States is raising the alert level at its domestic military bases just days before the country marks the 10th anniversary of the September 11, 2001 attacks on New York and the Pentagon. Pentagon spokesman George Little said Wednesday the move was a precautionary measure and not the result of any particular threat. During […]
US Republican Presidential Candidates Debate Jobs, Healthcare, Immigration
Presidential candidates from the U.S. Republican party traded barbs and criticized President Barack Obama as they debated jobs, health care, immigration and other issues Wednesday evening. The nationally-televised and internet-streamed debate from California featured nine declared candidates, including the two current front runners, Texas Governor Rick Perry, and former Massachusetts Governor Mitt Romney. Both men […]
US Republicans Presidential Candidates Debate
Presidential candidates from the U.S. Republican party are trading barbs and criticizing President Barack Obama as they debate jobs, health care, and other issues. The nationally televised debate Wednesday features nine declared candidates, including the two current front runners, Texas Governor Rick Perry, and former Massachusetts Governor Mitt Romney. Both men touted their records in […]
Firefighters Gain Ground Against Texas Wildfire
Firefighters in the U.S. state of Texas were for the first time gaining ground against a raging wildfire that has already destroyed nearly 800 homes. Authorities reported Wednesday the blaze was 30 percent contained, after burning out of control for several days. They said firefighters were helped by lighter winds now that Tropical Storm Lee […]
Former New Mexico Governor Seeks Release of American in Cuba
Former New Mexico governor Bill Richardson is traveling to Cuba to seek the release of U.S. contractor Alan Gross, who is serving 15 years in prison for crimes against the communist state. The State Department said Wednesday it was “aware” of Richardson’s trip and that it supports the former governor’s efforts to obtain Gross’s release. […]
Republicans Ready for U.S. Presidential Debate
Rick Perry, a front-runner presidential candidate from the U.S. Republican party, is in California to participate in his first nationally-televised debate with his Republican rivals. The Texas governor arrived Wednesday, despite wildfires scorching his state. Perry left an appearance in South Carolina earlier this week to respond to the fires, and it had been uncertain […]
US Raises Alert Level at Military Bases
The United Stated is raising the alert level at its domestic military bases just days before the country marks the 10th anniversary of the September 11, 2001 attacks on New York and the Pentagon. Pentagon spokesman George Little said Wednesday the move was a precautionary measure and not the result of any particular threat. During […]