US economy added 211,000 jobs in November 2015, slightly above expectations. According to the Bureau of Labor Statistics data, the jobless rate held at its seven-and-a-half year low of 5%. The jobs stats showed that the construction, food services and retail sectors all saw healthy job increases. The robust figures could now pave the way… Continue reading US Economy Gains 211,000 Jobs in November 2015
Category: Economy & Politics
Economy and Politics news articles.
Canadian Economy Exits Recession in Q3 2015
The Canadian economy emerged from recession in Q3 of 2015 after exports picked up, official figures show. Canada’s GDP rose at an annualized rate of 2.3% compared with 2014. Higher consumer spending and a more buoyant housing market also added to growth. On December 2, Canada’s central bank meets to decide the level of interest… Continue reading Canadian Economy Exits Recession in Q3 2015
Argentina Elections 2015: Mauricio Macri Wins Presidential Runoff
Argentina’s opposition candidate Mauricio Macri has won the presidential election runoff in, exit polls suggest. Polls by taken by TV stations shortly after voting closed indicated Mauricio Macri, 56, won, without giving a breakdown. Mauricio Macri, the mayor of Buenos Aires, was up against Daniel Scioli, the governor of Buenos Aires province. Loud cheers erupted… Continue reading Argentina Elections 2015: Mauricio Macri Wins Presidential Runoff
Bo Eaton Wins Mississippi House Race after Drawing Straw
Mississippi House race has been won by Democrat Blaine “Bo” Eaton II after drawing a longer straw, an official way to break a tie in a legislative election for the state. Bo Eaton met rival Mark Tullos to draw straws and the Republican drew the shorter one. The Democrat’s fateful grasp of the longer straw… Continue reading Bo Eaton Wins Mississippi House Race after Drawing Straw
Donald Trump Wants Drastic Measures for Monitoring Muslim Community in US
Donald Trump has said he would be open to having a “Muslim database” in the US in the wake of the Paris attacks. The Republican presidential hopeful said in an interview with Yahoo Politics that he would consider “drastic measures” for monitoring the community. Asked if that may include registering Muslims in a database or… Continue reading Donald Trump Wants Drastic Measures for Monitoring Muslim Community in US
US Inflation Report: Consumer Price Index Rises in October 2015
The US Consumer Price Index (CPI) increased by 0.2% in October 2015, after two months of declines. The figures, along with the strong employment numbers in October, increase speculation that the Federal Reserve will raise interest rates in December. Prices were pushed up by the rising cost of electricity and a resurgence in petrol prices.… Continue reading US Inflation Report: Consumer Price Index Rises in October 2015
White House 2016: Bobby Jindal Drops out Presidential Race
Bobby Jindal has dropped out of the race for the White House after struggling for months to gain traction amid a sprawling field of Republican candidates. Although the Louisiana governor showed some strength in the early voting state of Iowa, he consistently performed poorly in national polls. Bobby Jindal, 44, was shut out of the… Continue reading White House 2016: Bobby Jindal Drops out Presidential Race
Building A Sustainable Economy In Afghanistan
The nation of Afghanistan has had a long and illustrious history as part of the community of nations, and there are plenty of reasons to assume that it will yet rebuild its economy and infrastructure to a sustainable and competitive level. However, there are certainly plenty of challenges to be faced and solved, both in… Continue reading Building A Sustainable Economy In Afghanistan
Japan Slips into Recession Again
Japan’s economy has shrunk 0.8% on an annualized basis in Q3 of 2015 and fell back into recession. The preliminary data means the world’s third-largest economy has contracted for a second consecutive quarter, marking a technical recession. Japan’s economic growth was expected to decline after it fell a revised 0.7% in Q2 on weak domestic… Continue reading Japan Slips into Recession Again
Democratic Debate: Clashes over ISIS and National Security after Paris Attacks
ISIS and national security have dominated last night’s presidential debate with Democratic candidates in Iowa. The Democratic presidential hopefuls have clashed over how to deal with the militant group, in the wake of deadly terror attacks in Paris. Hillary Clinton said “it cannot be an American fight” and called on Turkey and the Gulf states… Continue reading Democratic Debate: Clashes over ISIS and National Security after Paris Attacks
Eurozone Economic Growth Slows in Q3 of 2015
Eurozone’s economic growth slowed to 0.3% in Q3 of 2015, latest figures have shown. The rate was lower than expected, and compared with a pace of 0.4% recorded in the previous quarter. The pace of expansion in Germany, the eurozone’s largest economy, slowed, but France returned to growth. The European Central Bank (ECB) is widely… Continue reading Eurozone Economic Growth Slows in Q3 of 2015
Myanmar Elections 2015: Aung San Suu Kyi’s Party Wins Historic Majority
Aung San Suu Kyi’s party, the National League for Democracy, has won Myanmar’s general election, officials say. With more than 80% of contested seats now declared, Aung San Suu Kyi’s party has more than the two-thirds it needs to choose the president, ending decades of military-backed rule. A quarter of seats are automatically held by… Continue reading Myanmar Elections 2015: Aung San Suu Kyi’s Party Wins Historic Majority
Greece Strike Disrupts Athens Public Services and Transportation
Greek unions are staging their first general strike against austerity since Alexis Tsipras’s left-wing Syriza government came to power in January. As protesters gathered in Athens, public services were hit and some transport services ground to a halt. The main unions appealed for members to walk out against the terms of Greece’s third eurozone bailout.… Continue reading Greece Strike Disrupts Athens Public Services and Transportation
GOP Debate 2015: Donald Trump’s Immigration Plan Criticized by Rivals
Donald Trump’s plan to deport 11 million undocumented immigrants from the US has been attacked by his party rivals in the fourth Republican debate on Fox Business. The Republican frontrunner’s hard-line proposal was attacked as impractical and divisive by John Kasich and Jeb Bush, who are also running for the Republican presidential nomination. Donald Trump,… Continue reading GOP Debate 2015: Donald Trump’s Immigration Plan Criticized by Rivals
Myanmar Elections 2015: Aung San Suu Kyi Wins Seat in Parliament
Myanmar’s opposition leader Aung San Suu Kyi has won her own seat after the country’s historic parliamentary election. Aung San Suu Kyi has requested meetings with the military-backed leadership next week to discuss national reconciliation. Her party, the National League for Democracy (NLD), has taken a decisive lead in results from November 8 election. With… Continue reading Myanmar Elections 2015: Aung San Suu Kyi Wins Seat in Parliament
Helmut Schmidt: Former West German Chancellor Dies Aged 96
German ex-Chancellor Helmut Schmidt has died at the age of 96, his office says. He served as West German Chancellor from 1974 to 1982. Helmut Schmidt, who was a Social Democrat, was an architect of the European Monetary System, which linked EU currencies and was a key step on the path to the euro. He… Continue reading Helmut Schmidt: Former West German Chancellor Dies Aged 96
Croatia Elections 2015: Opposition Conservatives Claim Victory
Croatian conservatives have declared victory in the country’sparliamentary elections, but face a challenge to form a government. Partial results show the HDZ party is to win about 60 seats, with more than 50 for the ruling alliance led by the Social Democrats. The conservatives are now expected to enter talks to form a coalition. Refugee… Continue reading Croatia Elections 2015: Opposition Conservatives Claim Victory
Bihar Assembly Election 2015: PM Narendra Modi Admits Defeat
Indian PM Narendra Modi has admitted defeat for his governing BJP in a key regional election in Bihar state. The BJP was running against an alliance of parties linked to main opposition Congress party in the state assembly. Narendra Modi won a convincing victory in last year’s national elections, but this poll was seen as… Continue reading Bihar Assembly Election 2015: PM Narendra Modi Admits Defeat
Croatia Elections 2015: Ruling Center-Left Coalition Faces Challenge to Stay in Power
Croatians are voting in the country’s first parliamentary elections since joining the EU. The ruling center-left coalition faces a challenge to stay in power, with the refugee crisis one of the main issues facing voters on November 8. Polls before the election indicate the government and the conservative opposition are neck-and-neck. Both coalitions promise different… Continue reading Croatia Elections 2015: Ruling Center-Left Coalition Faces Challenge to Stay in Power
Myanmar Elections 2015: First Openly Contested Poll in 25 Years
Myanmar, also known as Burma, is voting in the first openly contested general elections in 25 years after decades of military rule. The ruling Union Solidarity Development Party (USDP), backed by the military, is one of the frontrunners. Aung San Suu Kyi’s National League for Democracy (NLD) is expected to make large gains, although she… Continue reading Myanmar Elections 2015: First Openly Contested Poll in 25 Years
Ben Carson Addresses West Point Scholarship Story
Ben Carson has admitted that he never applied to join the West Point, despite implications in his book that he had. The Republican presidential hopeful wrote in his 1996 autobiography, Gifted Hands, that he had been offered a full scholarship by the military academy. However, West Point said it had no record of an application… Continue reading Ben Carson Addresses West Point Scholarship Story
Jeb Bush Apologizes for French Work Week Remark
Republican presidential hopeful Jeb Bush has apologized to France for referencing their working week to insult rival Marco Rubio. Jeb Bush said he had done a “disservice to the French” by using them to mock Marco Rubio’s senate voting record. “I made the mistake of saying that the Congress operates on a French work week,”… Continue reading Jeb Bush Apologizes for French Work Week Remark
Justin Trudeau Sworn in as Canada’s Prime Minister
Justin Trudeau has been sworn in as Canada’s prime minister, ending 10 years of Conservative rule. His ascension marks a new era of Liberal politics after an election that saw Stephen Harper’s party ousted. Justin Trudeau, 43, follows in the footsteps of his father who held the office for nearly two decades. The move could… Continue reading Justin Trudeau Sworn in as Canada’s Prime Minister
Azerbaijan Elections 2015: Ruling New Azerbaijan Party Wins Majority
Azerbaijan’s ruling party, New Azerbaijan, has won the country’s parliamentary elections that were boycotted by the main opposition parties, the electoral commission said. The New Azerbaijan party had won at least 70 seats in the 125-seat parliament, the commission said. A host of small parties and candidates loyal to President Ilham Aliyev took almost all… Continue reading Azerbaijan Elections 2015: Ruling New Azerbaijan Party Wins Majority
Turkey Elections 2015: AKP Wins Majority
Recep Tayyip Erdogan’s ruling Justice and Development Party (AKP) has won Turkey’s parliamentary election, regaining the majority it lost in June. Qccording to Turkish state-run Anadolu Agency, with almost all ballots counted, AKP had won 49.4% of the vote, with the main opposition CHP on 25.4%. PM Ahmet Davutoglu called the result a “victory for… Continue reading Turkey Elections 2015: AKP Wins Majority