US state that ECB actions might be insufficient to stop the euro zone from repeatedly sinking into a recession
The US issued another warning regarding the struggling European economy, pointing out that Germany can help by boosting consumer spending, and said further ECB actions may be warranted. The US issued yet another More...
Supporters of the US campaign against Islamic State are increasing in number
The US have been campaigning to raise Middle East countries help in fighting Islamic State militants; Britain is cautious in its approach, mindful of the war-weary public opinion, whereas France and Australia are More...
US John Kerry’s Middle East tour urges support for Obama’s planned campaign against Islamic State
US Secretary of State John Kerry has been touring the Middle East, urging Arab leaders for support for President Obama’s plan to expand the fight against Islamic State; training Syrian insurgents, airstrikes on More...
Obama announces plans for shrinking and defeating Islamic State
American President Obama expressed his intensions of offense against Islamic State, pooling efforts with Saudi Arabia and other Sunni nations, to systematically degrade and finally defeat the extremists. US President More...
President Obama announces US plans for fighting Islamic State until its destruction
President Obama said on Wednesday the US would battle Islamic State in the Middle East, by establishing coalitions, to utterly demolish the militant group. President Obama announced on Wednesday US plans for fighting More...
Obama says no broad US strategy against Islamic State is developed yet
US President Obama stated at the White House news conference no US strategy on the ISIL threat was ready yet, and reassured he was not going to act without obtaining support from Congress. US President Obama spoke More...
Republicans call on Obama to adopt more aggressive policies against Islamic State
US Republicans urged President Obama to take immediate and more aggressive action to prevent the threat of Islamic State acting on US territory; Democrats responded the threat is not so imminent and insisted for More...
US military leaders recognize Islamic State as a formidable imminent threat to the US
President Obama has refrained from involvement into military action after the beheading of a US journalist in Syria, but taking the scale and sophistication of Islamic State, future military involvement is not unlikely. US More...
US expresses support for Haider al-Abadi, Iraq PM designate, Iran joins approval
The US and Iran were quick to endorse Haider al-Abadi’s designation as PM; the US Secretary of State John Kerry promised military and economic support once a new Iraqi government is formed. Iraq’s new leader More...
Crude oil futures slide despite the tense geopolitical situation
The bears are in full control of the crude oil futures market in spite of renewed worries of Russian military intervention in Ukraine and the intensified armed conflict in Iraq. Tuesday brought further losses for More...
