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Attempt To Curb Rising Yen Sends Global Stocks Falling With investors concerned that the yen, currently at a 15-year high, could have a negative impact on exporters, the Bank of Japan attempted to bring down the value of the currency by announcing plans to boost low-interest lending. In response, the Nikkei 225 index fell more [...]
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Two Congressmen in One! • ”Just as in Iraq, the President’s policies and unbelievable mismanagement on the domestic front have brought pain and suffering to American people. . . . The President is destroying the fabric of America with a combined policy of war, tax cuts for the wealthy, and reductions in spending for domestic needs.”–Rep. Charles Rangel (D., N.Y.), [...]
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Indonesian Volcano Erupts, Sends Residents Fleeing Mount Sinabung on the north end of Indonesia’s Sumatra island sat inactive for nearly four centuries before erupting, unexpectedly, on Sunday. On Monday, the volcano erupted for a second time in as many days. Mount Sinabung sent ash 1.5 miles into the sky and choked the surrounding air, causing residents to [...]
