Tag: Barack Obama
Obama Signs a Law that Prohibits to the Congress the Use of Privileged Information
U.S. President Barack Obama today signed a law to prevent the use in the markets the privileged information by Congress, as requested in January in his State of the Union. The law requires representatives and senators to report on their trading limits the type of participation in IPOs and sets ethical standards to be followed [...]
Obama calls for increased taxes on the wealthiest Americans
U.S. President Barack Obama on Saturday called for increasing tax rates for the wealthiest Americans, noting that the advantages granted by the current tax system for people with higher incomes is unfair. “Today, the wealthiest Americans pay taxes to one of the lowest in fifty years,” said the president in his weekly radio and Internet. [...]
Obama’s OKs to the Sanctions Against Iran Oil
U.S. President Barack Obama said today that “there is enough supply of oil from other countries,” so it gives green light to sanctions against Iran and those countries that buy oil to Tehran. The measure seeks to isolate the Iranian government in a time of rising tension, amid fears that the country’s nuclear program seeks [...]
Obama urges Congress to remove oil subsidies with benefits
U.S. President Barack Obama today urged Congress to pass a bill to eliminate tax breaks for oil companies that have earnings “record” by rising oil and “could sustain themselves.” In addition to “record profits”, these companies receive “billions in taxpayer subsidies, a subsidy enjoyed year after year in the last century,” Obama stressed in an [...]
World Tour of the U.S. World Bank Candidate for Latin America, Africa, and Asia
The U.S. nominee to head the World Bank, Jim Yong Kim will begin on Tuesday a two-week international tour during which he will travel to Latin America, Africa and Asia, announced the U.S. executive. From March 27 to April 9, Jim travel to Mexico and Brazil, Ethiopia, China, Japan, South Korea and India, said the [...]
Obama Presents Worl Bank Candiate
U.S. President Barack Obama on Friday appointed Jim Yong Kim, a Korean-born American who heads the prestigious Dartmouth College, as a candidate for president of the World Bank (WB), and thus opened the dispute with applicants from Colombia and Nigeria. “It is time for an expert in development lead development agency world’s largest,” said Obama, [...]
Obama Promises More Clean Energy
U.S. President Barack Obama pledged today to continue to promote clean energy sector not to give ground to countries like China and Germany, at the beginning of a tour focused on defending its energy policy to the rising gasoline prices. “I will not give up the new, to give our position in China, Germany and [...]
Obama and Irish Prime Minister spoke of measures to stabilize Europe
U.S. President Barack Obama and Irish Prime Minister Enda Kenny conservative, spoke today at the White House on recent measures to stabilize the European economy as well as peace in Northern Ireland and conflicts with Iran and Syria. As is tradition, the Irish Prime Minister visited the White House to mark the feast of St. [...]
Obama Urges Congress To Approve Legislation On Infrastructure Investment
President Barack Obama on Wednesday urged the U.S. House of Representatives to approve a bipartisan bill that will invest 109,000 million dollars (82,400 million) to modernize roads, bridges and rail systems in the next two years, and finally excludes the controversial Keystone XL pipeline. The measure enjoys bipartisan support in the House and among the [...]
The CPI in the United States increased 0.4 percent in February
The Consumer Price Index (CPI) of United States rose 0.4 percent in February, its highest rate in ten months, in large part by the upward pressure of gasoline, has been reported today the Labor Department. Prices of gasoline, a major concern of Americans for their impact on the family economy, rose 6 percent in February [...]
