Posts Tagged ‘United States’

EU economic commissioner Rehn calls on UK, US to donate more funds to IMF

Linda Young – AHN News Writer Davos, Switzerland (AHN) – Tensions are rising over a possible lack of sufficient funding for the International Monetary Fund to intervene in financial crisis and it has asked the United Kingdom and the United States to make additional contributions. However, both countries are cash-strapped and at risk of sliding [...]

Corzine resigns as head of MF Global

Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Jon Corzine stepped down Friday from running troubled MF Global, the securities firm that collapsed after risky bets on European debt and filed for bankruptcy protection Monday. The firm announced the voluntary resignation of Corzine as chairman and CEO. He will decline a [...]

Wall Street dips on fears on Europe debt crisis, U.S. downturn

Jupiter Kalambakal – AHN News Reporter New yorY, NY, United States (AHN) – Plummeting stocks welcomed investors in Wall Street on Tuesday morning after a long weekend amid speculation of a worsening debt crisis in Europe and a weakening United States economy. Dow Jones dropped 239.61 points, or 2.13 percent, to 11,000.65. The Dow has [...]

US trade deficit widens as exports plunge

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The United States saw its exports for the month of June fall more rapidly than imports declined. U.S. exports fell by $4.1 billion to $170.9 billion, while imports fell by $1.9 billion to $223.9 billion and still exceeded exports. That fueled another increase [...]

FDA unveils new cigarette packaging labels

Ayinde O. Chase – AHN News Staff Washington, D.C., United States (AHN) – The U.S. Department of Health and Human Services on Tuesday unveiled a series of graphic images and messages that will cover the top portion of every cigarette package in the United States starting in September. According to statistics from the Food and [...]

33 OECD member nations see average unemployment rate drop to 8.1%

Linda Young – AHN News Writer Paris, France (AHN) – The unemployment rate in the 33 OECD member nation countries dropped a little, falling by a 0.1 percentage point from March to 8.1 percent in April. That meant there were 44.1 million jobless workers in OECD countries in April. That number was down by 3.1 [...]

Ailing Aid: Afghanistan

Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Editor’s note: This is Part II of a two-part series focusing on aid provision in conflict zones. The first installment can be [...]

BoA, Ally to pay $3.3b in deal

LOS ANGELES – Bank of America Corp. and Ally Financial Inc. have agreed to pay a combined $3.3 billion to settle remaining demands that they repurchase soured mortgages from Fannie Mae and Freddie Mac, the giant home-loan buyers that wound up wards of the government during the financial crisis. The claims stem from alleged misrepresentations [...]

Fast Loans 500 – Blessing for the People Affected By Recession

As the world today is badly affected by the global recession. Even the most stable country like United States is also suffering from this black word called recession. The most supporting help at the time when people are becoming unemployed is fast loans 500. These loans provide financial help to the borrowers who need money [...]

US Plans Travel Alert for Americans in Europe

Threats about a terror attack in Europe are real enough that the State Department is expected to issue a “travel alert” tomorrow asking Americans to be wary about visiting tourist sites overseas. In the semantics of government-speak, it’s expected to be a notch below a “warning”-meaning it won’t tell… View full post on United States [...]

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