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Optimism on the Economy Grows and Obama's Rating Improves
By Bruce Drake - Politics DailyAmericans are more optimistic about the state of the nation's economy and that has resulted in a small bounce when it comes to the job approval rating President Obama gets in handling the issue, according to a CBS News/New York Times poll conducted April 28-May 2. Forty-one percent said that the economy is improving, up 8 points since last month. It is also a higher figure than recorded in this poll at any time during the recession. Forty-eight percent approve of the job Obama is doing on the economy, while 47 percent disapprove. That's a 5 point gain since last month and Obama's best ...
US Recovering Faster Than Economic Rivals, IMF Says
By Joseph Schuman - AOL News(April 21) -- Thanks in part to an injection of government stimulus money, the ailing U.S. economy is rebounding from the financial crisis more strongly than Europe and Japan, according to the International Monetary Fund, which also predicts the world as a whole is mending faster than it thought just three months ago. The IMF now forecasts that the U.S. economy will grow by 3.1 percent this year, the euro zone will expand by 1 percent and Japan will grow by 1.9 percent. Such growth predictions for industrialized countries still pale in comparison with the expected growth of 10 percent in ...
Terrorist as Eco-Crusader? Bin Laden Blames U.S. for Global Warming
By David Sessions - Politics DailyHas Osama bin Laden gone green? Probably not, but the al-Qaeda leader has called on the world to boycott American goods and the U.S. dollar, blaming the United States and other developed countries for global warming, the Associated Press reports. Bin Laden said drastic measures are needed to halt environmental catastrophe, and proposed "bringing the wheels of the American economy to a halt." "We should stop dealings with the dollar and get rid of it as soon as possible," he said in a tape broadcast on Al-Jazeera. "I know that this has great consequences and grave ramifications, but it is ...
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