Khaled Meshal, leader of Hamas, the Islamic Resistance Movement, thanked the "new language” exhibited by American President Barack Obama toward the Middle East as it might spark a “frank exchange” on U.S. and European policy toward the organization (22 March Europe Press). In an even more significant show of [Read more]
Will Russians and Americans turn the page and revolutionize the future, like Bush senior and Mikhail Gorbachev once did?
Zhou Xiaochuan’s recent article caused widespread concern, the cause of which is deep worry about the Fed’s recent announcement that it would heavily purchase U.S. bonds while the connotation is China’s appeal for reform in the irrational global economic system.
Before the G20 summit that will be held on April [Read more]
Credit rater Moody's considers writing off 241 billion dollars of so-called American “jumbo mortgages.” ING Direct USA is active in that segment and thus takes a risk.
Jumbo mortgages start at amounts of $ 417,000, which are not guaranteed by American government agencies like Fannie Mae and Freddie Mac. [Read more]
As long as the mutual suspicions persisting between Washington and Islamabad are not removed, it will be hard to root out terrorism from Afghanistan and Pakistan.
Europe now knows better than to expect much from the new U.S. president.