BRUSSELS: Euro zone countries on Tuesday signed a deal worth 130-billion euro to bail out Greece and avoid a probable default after pushing Athens toward adopting severe austerity measures. Despite the agreement, doubts crop up from different quarters regarding a sustainable solution to the ongoing debt crisis. But for the moment the deal has been [...]

Chinese people have a huge reason to cheers up for increase in their share values with their currency Yuan peaking to all-time high in the global market. On Monday, Yuan reached its all-time high for the intra-day business and reached a milestone level of appreciation counting for more than 4 percent. According to business experts, [...]

According to a report by California homicide rate in the state has declined appreciably by7.8 percent in 2010 due to reduction in crime and improvements in administration. This is lowest homicide rate in the state so far since 1966. California is the most populous state of the United States, however due to high crime rate–4.7 [...]

Due to a slump in Chinese manufacturing activity, which was in its’ weakest level in three years, saw U.S.S&Ps stock futures losses to more than 1 percent on early Wednesday morning. At around 2:30a.m GMT, futures were down by 1.2 percent, which added to the misery after a downward revision of U.S. growth data raised [...]

The United States reduces unemployment to cheer its citizens by reaching 103,000 jobs in September. Despite the dark predictions about further negative impacts of recession on American economy, Obama administration can boast to defy all by this added employment. However, the addition in jobs has not changed the current unemployment rate, which remains on its [...]

Congress woman on the platform of Democrat party has criticized President Obama on job situation in the country. The law maker advised the president to go down to the state and local levels to see the pains and sufferings the people are going through as a result of job situation in the country. The congress [...]

In the global market of omputer industry Android media tablets have paved their way to speedy growth by attaining greater market share. In comparison to its competitor ipad, Android tablets are soon going to give tough competition to leading brand of Apple too. Android-based media tablets and other products have swept 2o prcent of market [...]

The US House of Representatives has approved proposed $7 billion pipeline The Democratic government has moved forward to set a deadline for the pipeline that will bring Canadian oil sands crude to the United States . The bill received 279-147 votes in its favor and this eventually pressurizes the state to allow transport of Canadian [...]

Count down for saving itself from debt default has already started for the Obama administration.The Congress is fighting fiercely  in the weekend session on Capitol Hill to save the United States from another aftermath of economic crunch. The GOP-led House approved the bill seeking for increasing borrowing limit for the US economy from the previous [...]

The debt-crisis driven US economy seeks for earning from  taxes from online transactions  and that too in billions! A senator presents a bill on Friday that claims to seek solutions for the giant financial crunch that the US economy is fighting with, by earning from nothing. The United States is to lose an additional $10 [...]