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US unemployment dropped to 8.6 per cent last month, its lowest mark since March 2009, with private employers adding jobs at a steady pace. The government’s closely monitored non-farm payroll figures increased by 120,000 in November. Private companies drove the growth, adding 140,000 jobs. Public sector cuts resulted in 20,000 jobs being lost, revealed the [...]
(Read More)25th Oct 11
Tunisia election turnout over 90 per cent
by Harry Oldfield
Over 90 per cent of registered Tunisian voters turned out to cast their ballet in the country’s elections – the Arab spring’s first democratic test. Election officials had initially stated that turnout was over 70 per cent two hours prior to the closure of voting booths, and had passed 80 per cent in certain areas. [...]
(Read More)7th Oct 11
Tributes pour in for Steve Jobs
by Adam Richards
World and business leaders have led the tributes to the co-founder of Apple, Steve Jobs, who died yesterday at the age of 56 following a long fight with pancreatic cancer. Both US President Barack Obama and his Russian counterpart Dmitry Medvedev heaped praise on Mr Jobs, saying he had changed the world. Facebook founder Mark [...]
(Read More)29th Sep 11
US gets tough with illegal immigrants with criminal records
by Paul Russell
Authorities in the US arrested around 2,900 illegal immigrants with previous criminal convictions in a week-long nationwide operation, revealed the US Immigration and Customs Enforcement (ICE). John Morton, the director of the ICE said that the agency will maintain an ongoing focus on criminal offenders, adding that these are not the type of people who [...]
(Read More)30th Aug 11
US counts the cost of Irene as flooding impacts north east
by Adam Richards
Tropical Storm Irene may not have caused as much damage to Manhattan as feared, but it caused widespread flooding across New England and upstate New York on Monday morning. Twenty-nine people in eight states have been confirmed dead, many as a result of drowning, as estimates of property damage alone reached $13bn (£8bn). Over 500,000 [...]
(Read More)29th Aug 11
Storm evacuation ends in New York
by Adam Richards
Hundreds of thousands of New Yorkers who were evacuated in anticipation of Tropical Storm Irene have been allowed to return home after it passed over the city without causing extensive damage. Concerns about major flooding have lessened and the city’s stock exchanges are scheduled to open today, even if flights and public transport remain suspended. [...]
(Read More)11th Aug 11
Taliban who gunned down Chinook helicopter killed
by Harry Oldfield
An air strike by US forces has killed the Taliban militants thought to have been responsible for shooting a Chinook helicopter down, killing 38 US and Afghan troops, said the top commander in Afghanistan. Marine Corps General John Allen informed a Pentagon news conference that when forces learned the location of the insurgents they tracked [...]
(Read More)9th Aug 11
US unemployment rate falls in July
by Harry Oldfield
Some 117,000 jobs were created in the US economy last month, a better-than-expected outcome, the US Labor Department revealed. The figure was an improvement on June’s, which was revised up to 46,000 from 18,000. The overall rate of unemployment in July dropped from 9.2 per cent to 9.1 per cent. The news also helped the [...]
(Read More)2nd Aug 11
Somali refugees brave Mogadishu fighting in hope of food
by Katie Naylor
Hit by the biggest drought in six decades, tens of thousands of Somalis are leaving the country’s central and southern rural areas and heading to Mogadishu, the war-ravaged region where the UN’s World Food Programme (WFP) last week began an airlift operation to provide 20 feeding centres with supplies. Despite continuing fighting, with Transitional Federal [...]
(Read More)1st Aug 11
Obama and Boehner strike a deal at last
by Harry Oldfield
President Barack Obama and leaders of Congress last night announced an historic agreement on emergency legislation that will avert the America’s first-ever financial default. Thankfully, the dramatic resolution managed to lift a cloud that had been threatening an incredibly fragile American economic recovery while rattling global markets. Last night’s agreement will slice $2.4 trillion from [...]
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