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That strength turned out to be temporary. A ballooning U.S. budget deficit and escalating government debt has made the dollar currency non grata in many quarters once again. An index that measures the greenback's value against a basket of major currencies, including the euro and yen, has fallen about...
Democrats privately have been hoping that the surprisingly powerful economic turnaround will start producing real job growth by next spring, and the declining pace of job losses backs that hope up. "With the economy growing again, things should feel more solid by spring, and that should start working to our...
The Lowdown: Less than a month after the Pentagon celebrated meeting its annual recruiting goals for the first time since 1973, this report serves as a grim reality check. "During economic downturns, higher numbers of well-qualified candidates seek to enlist and the military can temporarily rely less on waivers...
It was a ploy, of course. The Palestinians were tangled up in themselves, yet again. They had elections looming, and their leader, Mahmoud Abbas, had to hang tough: he was demanding a total freeze to Israeli settlement-building on the West Bank - which was precisely what the Obama Administration had...
Still, as New Delhi asserts its sovereignty over Arunachal Pradesh, many locals complain of poor governance. Like other parts of India's periphery, development has been woeful: roads in the rugged terrain are poor and in many places nonexistent, the school system is dysfunctional, and some state officials are corrupt...