Progress in pulling the American economy out of recession has been “painfully slow”, US President Barack Obama has said. “The hole the recession left was huge and progress has been painfully slow,” he told a White House news conference. Mr Obama has made three speeches on the economy this week, as it looms as the major issue for the US ... Read More »
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Former President and Argentine Ruling party head quits
Former Argentine President Nestor Kirchner has announced that he will resign as the head of the party after finishing second in the high profile race with a Millionaire. Some believe that, the rival faction within the party is the root cause of the resignation. Now this is said to be a major drawback for the ruling Peronist party as they ... Read More »