Tag: USA

The Working of the Economic System in the USA

Introduction The economic system in the United States of America is often referred to as a mixed economy. It combines elements of a free market system with government intervention and regulation. In this article, we will explore the key components and workings of the American economic system. Free […]

75 Congressmen Write Letter to President Biden

JUNE 24, 2023 During Prime Minister Modi’s visit to the United States on June 20th, 2023, 75 congressmen wrote a letter to President Biden regarding their concerns about India’s human rights record and its treatment of minorities, particularly the Muslim population. The Letter’s Contents The letter, a copy […]

Officials: Russia at 70 percent of Ukraine military buildup

WASHINGTON — Russia has assembled at least 70 percent of the military firepower it likely intends to have in place by mid-month to give President Vladimir Putin the option of launching a full-scale invasion of Ukraine, U.S. officials say. The officials, who discussed internal assessments of the Russian […]

Biden to warn Putin of economic pain if he invades Ukraine

WASHINGTON — President Joe Biden is ready to warn Vladimir Putin during a video call Tuesday that Russia will face economy-jarring sanctions if it invades neighboring Ukraine as Biden seeks a diplomatic solution to deal with the tens of thousands of Russian troops massed near the Ukraine border. […]

Inflation rises 5.4% from year ago, matching 13-year high

WASHINGTON — Another surge in consumer prices in September pushed inflation up 5.4% from where it was a year ago, matching the highest shift higher since 2008 as tangled global supply lines continue to create havoc. U.S. consumer prices rose 0.4% in September from August as the costs […]

3 US-based economists win Nobel for research on wages, jobs

STOCKHOLM — A U.S.-based economist won the Nobel prize for economics Monday for pioneering research that showed an increase in minimum wage does not lead to less hiring and immigrants do not lower pay for native-born workers, challenging commonly held ideas. Two others shared the award for creating […]

20 years after 9/11: ‘We will live with the scars’ forever

PEBBLE BEACH, Calif. — Twenty years later, Jack Grandcolas still remembers waking up at 7:03 that morning. He looked at the clock, then out the window where an image in the sky caught his eye — a fleeting vision that looked like an angel ascending. He didn’t know […]

Longest war: Were America’s decades in Afghanistan worth it?

Here’s what 19-year-old Lance Cpl. William Bee felt flying into southern Afghanistan on Christmas Day 2001: purely lucky. The U.S. was hitting back at the al-Qaida plotters who had brought down the World Trade Center, and Bee found himself among the first Marines on the ground. “Excitement,” Bee […]

Tibetan political leader visits White House for first time in six decades

SHANGHAI – The head of the Tibetan government in exile has visited the U.S. White House for the first time in six decades, a move that could further infuriate Beijing, which has accused the United States of trying to destabilise the region. Lobsang Sangay, President of the Central […]

China urges U.S. to stop increasing ties with Taiwan

BEIJING/TAIPEI – China urged the United States on Wednesday to stop boosting ties with Taiwan, after Washington and Taipei announced they would hold economic talks this month that Taiwan’s government described as a “major milestone” in relations. China considers democratically-ruled Taiwan its own territory with no right to […]

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