Tag: Barack Obama

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America’s resurgence is real says President

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President Obama reflected on the growth of America in 2014 stating that the increase in 11 million more jobs, affordability of better healthcare, the lowering of oil and gas in light of increased oil/gas production he said of his hopes for an increasing economy: ‘The steps that we took early on to rescue our economy and rebuild it on a new foundation helped make 2014 the strongest year for job growth since the 1990s. All told, over a 57-month streak, our businesses have created nearly 11 million new jobs. Almost all the job growth that we’ve seen have been in … Continue reading America’s resurgence is real says President

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President Obama responds to North Korean Sony Cyber-attack

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After the FBI tying North Korea to a alleged cyber-attack on Sony Pictures, and its involvement for the film “The Interview” and following also it’s decision to withdraw its release this Christmas following continued further threats, President Barack Obama has vowed a US response but he also added that Sony had “made a mistake” in refusing to release a controversial satire depicting the assassination of North Korean leader Kim Jong-un. On Friday US authorities linked North Korea to the hack, which saw sensitive studio information publicly released. The film centres around two journalists who’s intention is to kill the North … Continue reading President Obama responds to North Korean Sony Cyber-attack

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Syrian Update (from the BBC)

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The current news from the BBC Internet News service concerning Syria Heavy artillery fire has been rocking Homs, as Syrian troops step up an assault on the restive city. A BBC correspondent there describes almost constant blasts, in the fiercest attack in the 11-month uprising. US President Barack Obama said it was important to resolve the conflict without outside military intervention. Meanwhile, Russia and China defended their veto of a UN draft resolution criticising Syria – a move that angered opponents of President Bashar al-Assad. Later the US State Department said it had closed its embassy in Damascus and pulled … Continue reading Syrian Update (from the BBC)

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EU Imposes Oil Sanctions

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In an attempt to deflect Tehran‘s nuclear development program the European Union has today joined the United States in a new round of measures and imposed sanctions on Iran‘s oil imports to Europe. It however has not imposed a complete ban on oil imports. In response to this a Iranian politician responded by renewing a threat to blockade the Strait of Hormuz, which is a oil export route vital to the global economy, and another said Tehran will cut off it’s crude shipments to the EU immediately which would greatly affect ailing European economies such as Greece, Italy, which depend … Continue reading EU Imposes Oil Sanctions