Word: counciling
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...China is awash in cash. Furthermore, having invested tens of billions of dollars in Iran's energy sector, China - a permanent member of the U.N. Security Council - looks almost certain to veto any new tough sanctions against the country. In contrast, in the U.S. and Europe, there are growing anxieties over Iran's nuclear program as well as outrage over last month's violence...
That charge cannot be entirely dismissed as a conspiracy theory, for allegations of a U.S. covert program to destabilize Iran are hardly confined to paranoid mullahs. Flynt Leverett and Hillary Mann Leverett, former National Security Council officials in the Bush Administration, wrote in May that "the Obama Administration has done nothing to cancel or repudiate an ostensibly covert but well-publicized program, begun in President George W. Bush's second term, to spend hundreds of millions of dollars to destabilize the Islamic Republic...
Lawrence Summers, director of the White House's National Economic Council, said last week that the stimulus bill was on track. This past weekend, the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent. From the beginning, the Administration has said that much of the boost to the economy from the stimulus plan would not come until the second half of this year. Administration officials have also insisted that it's unfair to judge the effectiveness of the stimulus by projections...
...report released on July 13, Romer's Council of Economic Advisers says the stimulus bill is creating opportunities for workers in health care, education and energy. The report reiterates that the economists believe the stimulus plan will create 3.5 million jobs by the end of 2010. "The various forms of fiscal stimulus are expected to provide powerful upward pressure on aggregate demand and to aid recovery," Romer's group says. (See 10 perfect jobs for the recession - and after...
...Solana called for a U.N. Security Council resolution outlining in detail the parameters of a two-state solution, fixing borders, prescribing arrangements for sharing Jerusalem, security and the fate of refugees. Of course, Obama is saying nothing of the sort, still hoping to drag the two sides, however reluctantly, to the negotiating table to hash out an agreement. But Solana - who has been involved in trying to do just that for a decade longer than Obama has - may simply have recognized that the U.S. pressure that has been required to get both sides simply to make confidence-building gestures...