Agence France Presse
14 Mar 06 Treasury Secretary John Snow urged Congress to set aside partisan bickering and raise the US national debt ceiling this week, or face a disastrous cash crunch for the federal government.
In a speech here to a conference of regional bankers, Snow said it would be inconceivable for Congress not to pass legislation on the debt limit before it heads into a recess at the end of this week. "I am urging members of Congress in the strongest possible terms to resist coupling an increase in the debt ceiling with other issues," Snow said. |
By Mike Ferner
Information Clearing House 13 Mar 06 Washington -- Last Wednesday evening, the House Appropriations Committee voted to throw another $67,000,000,000 at the murderous work in Iraq and Afghanistan.
The killing will proceed as planned, with no congressional intervention, although chances are you heard absolutely zip about the 67 Billion Dollar Question, thanks to the Guardians of Reality who insured the news from that hearing was the Dubai Port deal, not the unimaginable sum of our money Congress voted for war, nor the voices raised against it. |
By Michael T. Klare
Le Monde diplomatique 13 Mar 06 |
From Chuks Akunna, Kunle Aderinokun in Abuja and Segun James in Warri
12 Mar 06 Buoyed by high prices in the international crude market, Nigeria earned $2.92 billion (N376.7 billion) from oil in January this year, representing about 64 percent of the total foreign inflow of $4.58bn netted by the country during the month.
The Federal Government has also begun a massive deployment of troops in the troubled oil-rich city of Warri, suggesting that negotiations between the government and the Niger Delta militants, holding three foreign oil workers hostage in the creeks, may have broken down. |
By Katharine Houreld, Warri, Nigeria
March 13, 2006 This is the Niger Delta, the heart of Africa's biggest oil producer. But despite the billions of dollars in oil wealth, this region - about 70,000 square kilometres - is home to some of the world's poorest people. Most of the fishermen in these creeks live in the same huts and use the same bark nets that their fathers did. More than 60 per cent of Nigeria's 128 million inhabitants scrape by, earning less than $1 a day, with no hope of employment or education.
In many places, the frustration with a government ranked by Transparency International as the third most corrupt in the world has spilled over into violence. |
Foreign owners tied to US fleet - Reliability during crisis questioned - Lack of American Owned Vessels
By Kevin Baron and Michael Kranish
Globe March 12, 2006 |
By Philip Thornton, Economics Correspondent
14 March 2006 Middle Eastern anger over the decision by the US to block a Dubai company from buying five of its ports hit the dollar yesterday as a number of central banks said they were considering switching reserves into euros.
The United Arab Emirates, which includes Dubai, said it was looking to move one-tenth of its dollar reserves into euros, while the governor of the Saudi Arabian central bank condemned the US move as "discrimination". Separately, Syria responded to US sanctions against two of its banks by confirming plans to use euros instead of dollars for its external transactions. The remarks combined to knock the dollar, which fell against the euro, pound and yen yesterday as analysts warned other central banks might follow suit. |
By BRADLEY S. KLAPPER
Associated Press GENEVA - The European Union advised the World Trade Organization on Tuesday that it would reintroduce trade sanctions against the United States in two months unless Washington complies with a WTO ruling condemning tax breaks for U.S. companies operating overseas.
The 25-nation EU said, however, that it is still offering the United States ways to end the long-standing dispute without having to incur sanctions on lists of targeted products, including everything from textiles and foodstuffs to automotive parts and steel. |
Reuters
Mar 13, 2006 |
Have a question or comment about the Signs page? Discuss it on the Signs of the Times news forum with the Signs Team.
Some icons appearing on this site were taken from the Crystal Package by Evarldo and other packages by: Yellowicon, Fernando Albuquerque, Tabtab, Mischa McLachlan, and Rhandros Dembicki.
Remember, we need your help to collect information on what is going on in your part of the world!
Send your article suggestions to:
Contact Webmaster at signs-of-the-times.org
Cassiopaean materials Copyright ©1994-2014 Arkadiusz Jadczyk and Laura Knight-Jadczyk. All rights reserved. "Cassiopaea, Cassiopaean, Cassiopaeans," is a registered trademark of Arkadiusz Jadczyk and Laura Knight-Jadczyk.
Letters addressed to Cassiopaea, Quantum Future School, Ark or Laura, become the property of Arkadiusz Jadczyk and Laura Knight-Jadczyk
Republication and re-dissemination of our copyrighted material in any manner is expressly prohibited without prior written consent.
The Gladiator: John Fitzgerald Kennedy
John F. Kennedy and All Those "isms"
John F. Kennedy, J. Edgar Hoover, Organized Crime and the Global Village
John F. Kennedy and the Psychopathology of Politics
John F. Kennedy and the Pigs of War
John F. Kennedy and the Titans
John F. Kennedy, Oil, and the War on Terror
John F. Kennedy, The Secret Service and Rich, Fascist Texans
Recent Articles:
New in French! La fin du monde tel que nous le connaissons
New in French! Le "fascisme islamique"
New in Arabic! العدوّ الحقيقي
New! Spiritual Predator: Prem Rawat AKA Maharaji - Henry See
Top Secret! Clear Evidence that Flight 77 Hit The Pentagon on 9/11: a Parody - Simon Sackville
Latest Signs of the Times Editorials
Executing Saddam Hussein was an Act of Vandalism
Latest Topics on the Signs Forum |
Signs Monthly News Roundups!
June 2005
July 2005
August 2005
September 2005
October 2005
November
2005
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006