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Oil prices up after Obama authorises Iraq air strikes
Oil prices rose in Asia today after US President Barack Obama said he had authorised air strikes against Sunni extremist militants in key crude producer Iraq. US benchmark West Texas Intermediate for September delivery rose 35 cents to $97.69 while ...
Oil Prices Up After Obama Authorises Iraq Air Strikes

What is the US government shutdown all about?
The US government shutdown is a political condition wherein the government ceases to grant all but essential services including fire-fighting, police services etc. As the Federal government has fallen short of money to pay for its bills, partial shutdown has resulted ...
Obama signs order to begin $85 billion in spending cuts
Washington: Despite his opposition to it, US President Barack Obama signed an executive order to begin USD 85 billion in spending cuts, which he said could see growth cut by over one-half of one percent and cost about 750,000 jobs. ...
Obama Signs Order Begin 85 Billion Spending Cuts
US fiscal cliff bill passed; crisis averted
The months of drama over the fiscal cliff in the US which would have triggered a recession in the country and pushed global growth rates lower has finally been averted with the House of Representatives approving a Senate passed Bill today. ...
Us Fiscal Cliff Bill Averted
Gold trading high, Faber terms Obama's speech 'irrelevant'
Gold futures edges above Rs 28,000 per 10 grams in today's trade after Fed chairman Ben Bernanke failed to verbalize any promise of further Quantitative Easing. Obama also delivered a speech over the joint congress session on Thursday, where he ...
Major highlights of Obama's speech: reveals $447 billion package
With fourteen million people still unemployed in United States, President Barack Obama is in politically endangered situation amid fears US economy could be headed for another recession. Just couple of weeks ago, the most thrilling word on Capitol Hill was 'debt' ...
Highlights Obama Speech 447 Billion Dollar Package
Gold-silver demand again in limelight
Gold advances in today's trade after registering a drop of 3% on Wednesday as physical buying lifts up the demand for gold again. Indian buyers are keeping a close eye on the prices of gold so any dip in price ...
Gold Silver Demand Indian Wedding Festival Us Obama
Obama's speech eyed: $300 billion job package expected
World is waiting for yet another major speech by America's President Barrack Obama which is scheduled at 7 p.m. EDT (2300 GMT) on Thursday, September 8, which could aid to shape the direction of the markets. Next on agenda is ...
World’s 10 major countries under debt cloud
While the United States external debt is indeed the largest in the world, a broader context shows that other countries around the world face even more dire debt situations. Comparing gross external debt to GDP is one of the useful ...
Worlds 10 Biggest Debt Countries
1. USA - Uncle Sam gains even more debt
United States's external debt is around 95% of GDP. It's gross external debt is $14.3 trillion which appears to be the highest among different nations around the globe as on June 30, 2010. The country's external debt per capita is ...
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