Economy of the United States
America’s wars and the US debt crisis
In the year 2000, the US government debt was $3.5 trillion, equal to 35% of the country's gross domestic product (GDP). By 2022, the debt was $24 trillion, equal to 95% of GDP. The US debt is soaring, hence America's current debt crisis. Yet both Republicans and Democrats are missing the solution: stopping America's wars of choice and slashing military outlays.
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Multinational companies vow to hire thousands of refugees in Europe
Multinational companies including Amazon, Marriott and Hilton pledged yesterday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over the next three years in Europe.
Italgas to invest €900 mln in DEPA
Italgas, Italy's biggest gas distributor, unveiled plans on Thursday to invest 7.8 billion euros in its business by 2029, but its shares slipped as some analysts were unimpressed by earnings projections and dividend plans.
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Trump to face judge in court over mishandled secret documents
Donald Trump was set to make his first court appearance Tuesday in a historic criminal case charging the former president with hoarding top secret government documents, boastfully displaying them to visitors and trying to hide them from investigators who demanded them back.
Trump blasts federal indictment as 'baseless'
Former President Donald Trump blasted his historic federal indictment as "ridiculous" and "baseless" Saturday during his first public appearances since the charges were unsealed, painting the 37 felony counts as an attack on his supporters as he tried to turn dire legal peril to political advantage and project a sense of normalcy.
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Trump stored, showed off classified documents, indictment says
Donald Trump improperly stored in his Florida estate sensitive documents on nuclear capabilities, repeatedly enlisted aides and lawyers to help him hide records demanded by investigators and cavalierly showed off a Pentagon "plan of attack" and classified map, according to a sweeping felony indictment that paints a damning portrait of the former president's treatment of national security inform
Nigeria's startup king eyes African space tech
Iyinoluwa Aboyeji might not have the personal wealth of Elon Musk or Mark Zuckerberg, but his level of success as an African entrepreneur bears comparison with any Silicon Valley tech titan.
While still in his twenties, the Nigerian co-founded two "unicorns," an industry term for companies that achieve a valuation of more than $1 billion.
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Montenegro Pledges More Help for Yugoslav Wars’ Military Veterans
Decades after the 1990s wars in the former Yugoslavia, Montenegrin MPs voted to increase veterans' welfare benefits and to give payments to civilian victims, but rights activists believe the legislation is flawed and discriminatory.
Google’s photo app still can’t find gorillas. And neither can Apple’s
When Google released its stand-alone Photos app in May 2015, people were wowed by what it could do: analyze images to label the people, places and things in them, an astounding consumer offering at the time.
There is a Deal in Principle on the US Debt Ceiling
US President Joe Biden and Speaker of the House of Representatives Kevin McCarthy have reached an agreement in principle on the thorny issue of the debt ceiling, world agencies reported, citing Kevin McCarthy. This is a key stage in avoiding a US default.