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Economic Downturn in US Hardest on Minorities

Posted July 26th, 2011 at 10:40 am (UTC-5)
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Newly available U.S. government figures show the wealth gap between whites and minorities in the United States has grown to its widest point in 25 years, due to the recent economic downturn. The Pew Research Center on Tuesday released a study of census figures showing that the economic downturn took the biggest toll on Hispanic […]

Tags: , , Posted in Americas, Economy, US

Obama: Failure to Raise US Debt Ceiling Will Cause Incalculable Damage

Posted July 26th, 2011 at 5:40 am (UTC-5)
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U.S. lawmakers on Tuesday will discuss a pair of competing plans to raise the nation’s debt limit, with the deadline to avoid a possible first-ever debt default now just one week away. President Barack Obama said Monday night in a televised address that Congress risks sparking a “deep economic crisis” if lawmakers fail to reach […]

Tags: , , Posted in Americas, Economy, US

Japanese Airmen Hone Skills at Alaskan Air Base

Posted July 26th, 2011 at 1:00 am (UTC-5)
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About 200 members of Japan’s Air Self-Defense Forces are in Alaska for exercises that include low-level flying, in-air refueling and cargo air drops. The U.S. military’s Pacific Command said Tuesday the drills also include landings on incompletely prepared runways. It said the Japanese airmen have few opportunities to practice low-level flying in their densely populated […]

Tags: , , Posted in East Asia Pacific

Obama: Failure to Raise US Debt Ceiling Will Cause Incalculable Damage

Posted July 25th, 2011 at 9:55 pm (UTC-5)
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President Barack Obama says failing to raise the debt ceiling will cause incalculable damage to the U.S. economy. Mr. Obama spoke to the nation Monday night, hours after Republican and Democratic leaders in Congress unveiled rival plans to cut government spending and raise the debt ceiling to avoid default. Weeks of failed negotiations between the […]

Tags: , , , , Posted in Economy

Boehner: Solution to Crisis Not Complicated

Posted July 25th, 2011 at 9:45 pm (UTC-5)
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Republican Speaker of the House John Boehner responded to Mr. Obama’s speech by acknowledging that the United States must not default on its obligations. But he said the American people will not accept an increase in the U.S. borrowing limit without significant spending cuts and reform. Boehner gave no indication of compromise. Instead, he said […]

Tags: , , , , , Posted in US

Boehner: Solution to Crisis Not Complicated

Posted July 25th, 2011 at 9:30 pm (UTC-5)
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Republican Speaker of the House John Boehner responded to Mr. Obama’s speech by acknowledging that the United States must not default on its obligations. But he said the American people will not accept an increase in the U.S. borrowing limit without a significant cut in entitlement programs. He said the solution to the debt crisis […]

Tags: , , , , Posted in US

Obama: Dire Consequences if US Defaults

Posted July 25th, 2011 at 9:20 pm (UTC-5)
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President Barack Obama has warned Americans that failure to reach a compromise with Congress on raising the nation’s debt ceiling will do incalculable damage to the United States. In a televised address to the nation Monday night, Mr. Obama said there will be dire consequences if the U.S. defaults on its debt. He said that […]

Tags: , , , Posted in US

Pentagon: US Transport Funds End Up in Taliban Hands

Posted July 25th, 2011 at 8:15 pm (UTC-5)
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The U.S. Defense Department says some of the money from its multi-billion-dollar U.S. transportation contract in Afghanistan has been ending up in the hands of the Taliban. Pentagon spokesman Colonel David Lapan said Monday the finding was made by a U.S. task force set up in Kabul last year to overhaul the contract process. Lapan […]

Tags: , Posted in South Asia

US Military Official: Partnerships Vital to Asia-Pacific Security

Posted July 25th, 2011 at 7:50 pm (UTC-5)
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A top U.S. military official says America’s growing military relationship with China is an important part of its security strategy in the Asia-Pacific Region. Navy Admiral Mike Mullen, who is chairman of the Joint Chiefs of Staff, told reporters at the Foreign Press Center in Washington Monday that the U.S. and Chinese militaries could work […]

Tags: , Posted in East Asia Pacific

US Announces Plan to Combat Global Organized Crime

Posted July 25th, 2011 at 6:20 pm (UTC-5)
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The Obama administration has announced a new plan to crack down on international organized crime groups. An executive order authorizes new sanctions against criminal cartels in Mexico, Japan, Italy and eastern Europe. The sanctions target Mexico’s violent Los Zetas drug gang; Japan’s Yakuza, which comprises the major Japanese organized crime syndicates; the Camorra, an Italy-based […]

Tags: , , , , Posted in US

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