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World News in a Flash

A Ron Williams Company

Tag Archives: obama

A group of pro-Syrian regime hackers that has targeted major news organizations but its cyber attacks can have real-life impact.

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world1

By Fareed Zakaria

From: Cnn.com:
Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.

Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are…

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welfare-cliff

House Speaker John Boehner says he was “flabbergasted” when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the “fiscal cliff.”

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Federal Reserve chairman Ben Bernanke used the term “fiscal cliff,” it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013,

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We need a real recovery. That’s what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It’s not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it’s not. Catchup growth is the new Godot.

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*Compared to almost every other rich country and almost every other financial crisis.

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Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs.

Obama Fiscal Cliff Deal Risks Brush With Recession

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Ohio families receiving food stamps could get an unwelcome surprise come January: $50 less every month in assistance.

For the 869,000 households enrolled in the program for the poorest Ohioans, that could amount to about $520 million annually out of the grocery budgets.

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A 22-year-old finds himself $30.5 million richer after recently getting “dumped” and then winning the lottery.

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