U.S. President Barack Obama will urge business leaders next week to keep jobs at home rather than outsourcing their industries abroad. Mr. Obama announced in his weekly address that he will host a forum at the White House Wednesday. He will meet with business leaders who are setting an example of “insourcing” jobs. The president […]
Obama Wants US Businesses to ‘Insource’ Jobs
Posted January 7th, 2012 at 9:45 am (UTC-5)
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Obama Pushes For ‘Insourcing’ Jobs
Posted January 7th, 2012 at 7:50 am (UTC-5)
U.S. President Barack Obama will urge business leaders next week to keep jobs at home rather than outsourcing their industries abroad. Mr. Obama announced in his weekly online address that he will host a forum at the White House Wednesday. He will meet with business leaders who are setting an example of “insourcing” jobs. The […]
US Rescues Iranians Held Hostage By Pirates
Posted January 7th, 2012 at 12:05 am (UTC-5)
A U.S. navy ship has rescued 13 Iranians being held hostage by pirates in the Arabian Sea, days after Iran warned U.S. vessels not to return to the Persian Gulf. The U.S. Navy announced Friday that it detected the pirates’ skiff alongside the Iranian fishing vessel, the Al Molai, on Thursday after receiving a distress […]
China Expresses Concern Over US Defense Blueprint
Posted January 6th, 2012 at 9:05 pm (UTC-5)
Chinese state media are expressing concern over the latest U.S. defense plan, warning that it could damage U.S.-Chinese relations. The Communist Party-affiliated Global Times newspaper quoted a Chinese defense expert Friday saying the U.S. blueprint announced a day earlier is clearly targeted at China. The newspaper quoted Renmin University analyst Jin Canrong saying the United […]
Nigerian Court Order Seeks to Bar Protests
Posted January 6th, 2012 at 8:55 pm (UTC-5)
A Nigerian court has issued an order seeking to prevent a general strike against rising fuel prices. Labor unions said indefinite strikes will start nationwide Monday despite the order, which they say is invalid. Angry protesters marched in the capital Abuja Friday chanting anti-government messages while police blocked their progress. A number of demonstrators carried […]
Orthodox Christians Celebrate Christmas
Posted January 6th, 2012 at 7:40 pm (UTC-5)
Orthodox Christmas services got under way Friday as worshippers across the world prepared to commemorate the birth of Jesus Christ. Many Orthodox Christians, including Russians, Greeks, Serbs and Montenegrins, celebrate Christmas on January 7, according to an older calendar. Political leaders join citizens in religious services, including in former communist countries, such as Russia. Tradition […]
Turkey Ex-Military Chief Arrested Over Alleged Anti-Government Plot
Posted January 6th, 2012 at 7:30 pm (UTC-5)
Turkey’s former army chief was arrested on Friday over an alleged plot to topple the government of Prime Minister Recep Tayyip Erdogan. Ilkay Sezer, the lawyer for General Ilker Basbug, said authorities have jailed Basbug, who is accused of leading a terrorist organization. “Turkey’s 26th chief of the military has unfortunately been arrested on charges […]
Obama: New Consumer Protection Bureau ‘Important’ for American People
Posted January 6th, 2012 at 1:35 pm (UTC-5)
U.S. President Barack Obama paid a visit Friday to the new Consumer Financial Protection Bureau, saying he thinks it will be one of the nation’s “most important agencies for people.” President Obama addressed agency staff alongside the bureau’s newly-appointed director, Richard Cordray. “That’s your mission, to make sure that the American people have somebody in […]
IMF Set to Cut Its 2012 Global Economic Forecast
Posted January 6th, 2012 at 12:45 pm (UTC-5)
With continuing fears about the European debt crisis, the International Monetary Fund says it is set to lower its global economic growth forecast for 2012. Last September, the IMF projected a 4 percent advance this year. But on Friday IMF chief Christine Lagarde told reporters in the South African capital, Pretoria, that later this month […]
Romney Leads Republican Presidential Candidates in New Hampshire
Posted January 6th, 2012 at 11:40 am (UTC-5)
A new poll shows former Massachusetts Governor Mitt Romney maintaining a significant lead among Republican presidential candidates vying for votes in New Hampshire. In the 7 News/Suffolk University tracking poll , 40 percent of likely voters in the state’s January 10 Republican primary chose Romney. Romney’s lead in New Hampshire follows his win in the […]
