Articles in the Headline Category
Headline, Health, economy, health care »
WASHINGTON — As health care legislation moves toward a crucial airing in the Senate, the White House is facing a growing revolt from some Democrats and analysts who say the bills Congress is considering do not fulfill President Obama’s promise to slow the runaway rise in health care spending.
Mr. Obama has made cost containment a centerpiece of his health reform agenda, and in May he stood up at the White House with industry groups who pledged voluntary efforts to trim the growth of health care spending by 1.5 percent, or …
Headline, economy »
For all the pain caused by the Great Recession, the job market still was not in as bad shape as it had been during the depths of the early 1980s recession — until now.
With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked by the Labor Department has reached its highest level in decades. If statistics went back so far, the measure would almost certainly be at its highest level since the Great Depression.
In all, more than one out of every six workers …
Afghanistan, Headline, war »
The Afghan minister of counter narcotics says foreign troops are earning money from drug production in Afghanistan.
General Khodaidad Khodaidad said the majority of drugs are stockpiled in two provinces controlled by troops from the US, the UK, and Canada, IRNA reported on Saturday.
He went on to say that NATO forces are taxing the production of opium in the regions under their control.
Afghanistan is the world’s biggest supplier of opium.
Drug production in the Central Asian country has increased dramatically since the US-led invasion eight years ago.
Afghanistan, Headline, war »
ABUL, Afghanistan — Ahmed Wali Karzai, the brother of the Afghan president and a suspected player in the country’s booming illegal opium trade, gets regular payments from the Central Intelligence Agency, and has for much of the past eight years, according to current and former American officials.
The agency pays Mr. Karzai for a variety of services, including helping to recruit an Afghan paramilitary force that operates at the C.I.A.’s direction in and around the southern city of Kandahar, Mr. Karzai’s home.
Headline, Iran, war »
A former Central Intelligence Agency officer has confirmed US’ relations with the terrorist group Jundullah, despite the CIA knowing that the group has close links with the al-Qaeda.
“American intelligence has also had contact with Jundullah. But that contact, as Iran almost certainly knows, was confined to intelligence-gathering on the country,” Robert Baer, a former Middle East CIA field officer wrote on the Time.com, IRNA reported early on Saturday.
However, he noted that the US-Jundullah relationship “was never formalized, and contact was sporadic.”
Afghanistan, Headline, war »
The US is expected to announce a significant surge of up to 45,000 extra troops for Afghanistan after Gordon Brown said that 500 more British troops would be sent to the country.
President Barack Obama’s administration is understood to have told the British government that it could announce, as early as next week, the substantial increase to its 65,000 troops already serving there.
The decision from Mr Obama comes after he considered a request from General Stanley …
Afghanistan, Headline, war »
WASHINGTON (Reuters) – U.S. veterans criticized President Barack Obama’s lengthy review of Afghan war strategy, saying on Thursday the drawn-out debate in Washington was a direct threat to troops and the nation’s defense.
The head of Veterans of Foreign Wars, a group representing 1.5 million former soldiers, issued a tersely worded statement urging Obama to follow the advice of his military commanders, who want more troops for the eight-year war.
“The extremists are sensing weakness and indecision within the U.S. government, which plays into their hands,” said Thomas J. Tradewell Sr., a …
Headline, Health, Swine Flu »
WASHINGTON, Oct 14 (Reuters) – Hospital and other healthcare workers are at the front of the line to get the new swine flu vaccine, but many are resisting and even fighting vaccination requirements.
The U.S. Centers for Disease Control and Prevention cannot yet say how many are reluctant to have the shots because the campaign has just started. But the number may be significant given that only about 40 percent of U.S. healthcare workers ever get vaccinated against seasonal influenza.
A vaccination requirement sparked protests in New York this month, and already …
Headline, economy »
Ben Bernanke’s dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency.
Over the last three months, banks put 63 percent of their new cash into euros and yen — not the greenbacks — a nearly complete reversal of the dollar’s onetime dominance for reserves, according to Barclays Capital. The dollar’s share of new cash in the central banks was down …
Headline, economy »
The Obama administration “refused” to take meaningful steps to reform the banking system in the wake of last year’s financial crisis, and the opportunity to do so has now been missed, says a former chief economist for the International Monetary Fund.
Simon Johnson told PBS’s Bill Moyers that he expects an even larger financial crisis to hit the United States in the coming years because the system was not fixed through reform, but rather through a massive injection of taxpayers’ money into the failing banks.
“The short term opportunity was missed,” Johnson …
