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Five years after President Felipe Calderon launched an offensive against Mexico's five main drug cartels, the nation is now dominated by two powerful organizations that appear poised for a one-on-one battle to control drug markets and trafficking routes....
President Barack Obama's deficit reduction plan would be positive for U.S. ratings but chances of its implementation are "extremely low," Moody's Investors Service said on Monday.
President Obama acknowledged the end of the military's ban on gays serving openly in the U.S. armed forces Tuesday, saying that the nation has taken "another great step toward keeping our military the finest in the world and toward fulfilling our nation's founding ideals."
President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years, with about half of the savings coming from higher taxes on the wealthy and big corporations.
Reuters reports that Syrian President Bashar Assad and Arab League Chief Nabil Elaraby have agreed to measures that could end months of violence. DP news reports that Syria said Assad and Elaraby agreed on a number of “practical steps” to speed up the reform process.
Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.
President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.
President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.