This past February marked the 50th anniversary of Washington’s embargo against Cuba. The birthday, which went uncelebrated here and in the Caribbean, was a grim reminder of the persistence of one of Washington’s most egregious foreign policy blunders. Enacted less than a year after President Kennedy’s ill-fated attempt to unseat Fidel Castro’s fledgling communist government at [...]
When Venezuelan President Hugo Chávez spent a long absence from his country in Cuba earlier last year, opponents and sympathizers alike wondered about his future as his nation’s undisputed commander in chief. But mounting speculations about the exact nature and implications of his ailment proliferated. Later, it began to circulate that Chávez was suffering from [...]
On Tuesday night, January 24th, 2012, President Barak Obama delivered his final ‘State of the Union’ address, before the November’s presidential election. He used the speech as a platform for his re-election bid. At the beginning and in the end of his address to the Congress, President Obama spoke about the US army as an [...]
On Friday, August 5th, 2011, Standard and Poor’s downgraded its rating of the US federal debt by a notch from the top rate of AAA to AA+. The credit rating agency says that the decision reflects a view that the American policymaking has become unpredictable and ineffective. S&P emphasises that the gulf between the American [...]
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An unemployment rate is one of the most important indicators, which shows the condition of the economy of a particular country. The economy of the USA is the biggest free-market economy in the world. Let’s take a look at what is the situation within the US job market. In his first “State of the Union” [...]
Posted in Americas, Economy and Finance, Politics in the World Tags: unemployment, USA No Comments »
In January 2010, in his first ‘State of the Union’ speech, president Barrack Obama announced creating about 1.5 milion additional job positions by the end of 2010, among others through investing in the construction works, improving roads and highways infrastructure and building a new interstate high-speed rail network. Currently, the fastest trains and the longest [...]
