05192012Headline:
Charles Evans, left, president of the Federal Reserve Bank of Chicago, and Ben S. Bernanke, Fed chairman, earlier this year.

U.S. Federal Reserve Takes No Action, Citing Signs of Moderate Growth

DEC. 15, 2011 WASHINGTON —The Central Bank Of America, The Federal Reserve said Tuesday that it was closing the books on 2011, maintaining its existing efforts to increase growth but adding no reinforcement amid evidence that the American economy was chugging back toward health. The central [...]

Barack Obama to confront General Stanley McChrystal

Barack Obama will confront General Stanley McChrystal today before deciding whether to fire him over inflammatory comments that have angered the White House and threatened to undermine the war effort in Afghanistan. Summoned from Kabul to meet Mr Obama, Gen McChrystal will be asked to explain remarks [...]

New President in EU Herman van Rompuy

Long debated and much awaited top political figure for the European Union has been decleared by 27 european nations voting yesterday.The appointment of two little-known figures to the new top jobs in the EU has drawn a mixed response. Belgian PM Herman van Rompuy was named President of the European Council, [...]

Barack Obama’s Diwali Greetings.

Happy Diwali From the white house to all who are celebrating the festival of lights this weekend! Check out the president’s video message and let us know what you think! First time In the History of United States Of America, Its President Barack Obama has given the Greeting Message in a Recorded [...]