India's economic growth to slow to six-year low of 7.1 per cent

Even though economic growth is slowing down all over the world, growth in Indian economy is on expected lines.Indian economy is likely to grow by around 6.5-7 per cent in the current fiscal, the advance data for which would be out tomorrow, against 9 per cent in the previous...

Gallup Daily: Obama Lead Among Likely Voters 5 to 7 Points

"PRINCETON, NJ -- Barack Obama holds a statistically significant lead over John McCain in both Gallup likely voter models, according to Oct. 27-29 Gallup Poll Daily tracking. In the traditional model, which defines likely voters based on current voting intention and past...

2.7m Chinese to lose jobs with deepening economic slowdown

Despite the talk of insulated, Chinese economy is also deeply affected with current global economic crisis. World's fastest growing economy is sputtering into an economic slowdown. World is hinging high hope on China to bail out from the current crisis. China's export sector...

The Long-Term Costs of the War in Iraq

I found this article written in May of 2007. I thought it might be interesting to revisit when we talk about the war, and it's impact on our economy. Money that could have been spent on things like developement of alternative fuels,both in government and private sectors ...

US budget deficit seen at $438bn

According to the latest Capitol Hill estimates, the US government will run a near-record deficit of $407 billion this year. However the actual figure is likely to be much larger than this, because it is not taking into account the recent bailout of the nation's two biggest...

Katrina Pain Index: New Orleans Three Years Later

" Katrina hit New Orleans and the Gulf Coast three years ago this week. The president promised to do whatever it took to rebuild. But the nation is trying to fight wars in several countries and is dealing with economic crisis. The attention of the president wandered...

CDC: More Americans HIV-positive than previously believed

" CNN ATLANTA, Georgia (CNN) -- There are more new cases of Americans infected with HIV, the virus that causes AIDS, than previously believed, the Centers for Disease Control and Prevention said Saturday. ...

Jeff Koons sculpture sells for record at auction

Jeff  Koons's steel sculpture has sold at $25.7 million. His  Balloon Flower highlights record-breaking art sale in auction history. "The more than 2.75m-tall chromium stainless steel sculpture, Balloon Flower (Magenta), which mimics a flower made out of a long...