Hillary Clinton outline American presence in Afghanistan

Hillary-ClintonAccording to the official reports, U. S. Secretary of State Hillary Clinton outlined an American presence in Afghanistan that will continue even after U. S. troops have left the country, a significant change of perspective for the administration.

Clinton said Tuesday, opening a day of consultations with Afghan President Hamid Karzai and many members of his Cabinet, "This partnership is a long-term commitment. This commitment, Mr. President will endure long after U. S. combat troops have left."

Clinton said, "We will not abandon the Afghan people."

U.S. senators vote 96-0 to have audit of the Federal Reserve

Bernard-SandersAccording to officials, U. S. senators voted 96-0 Tuesday to have auditors review the role of the Federal Reserve during the financial meltdown of 2008 and 2009.

U. S. Sen. Bernard Sanders, Ind-Vt., who proposed the amendment, which will be attached to the 1,400-page regulatory reform bill, said, "The Fed can no longer operate in virtual secrecy."

Brazil planning a Mercosur bargaining chip with French in arms’ deal

brazil-flagOfficials have said that Brazil is positioning itself to use talks with France on a multibillion-dollar arms deal as a bargaining chip in Latin America's fight for better terms for Mercosur agricultural exports to Europe.

It has been reported that Latin America's Mercosur trading bloc, itself riven by divisions, will face European partners at the May 18 summit of Caribbean, Latin American and European countries in Madrid.

General Motors advertisement is "slightly" a distortion of the facts

Steve-RattnerA General Motors Co. advertisement was "slightly" a distortion of the facts, Former White House automobile industry adviser Steve Rattner has said.

The Detroit News reported on Tuesday that before a speech in Chicago praising the government's efforts to revive the automobile industry, Rattner said GM "may have slightly elasticized the reality of things," in an ad in which GM Chairman and Chief Executive Officer Ed Whitacre Jr. says the company had repaid the taxpayer funded bailouts it received.

Despite tough economy, Detroit home prices jump higher

Detroit-Home-PricesA real estate group has said that the median sale price of homes in a 10-county region including Detroit jumped 61.3 percent from April 2009 to April 2010.

The Detroit News reported on Tuesday that Realcomp II Ltd., based in Farmington Hills, Mich., said the price of homes and condominiums surged from a year ago, but a separate study by CoreLogic Inc. said Michigan has the fourth highest percentage of homes in which the homeowner owes more on the mortgage than the home is worth.

Oshkosh Defense gets production order to provide Medium Tactical Vehicles

Oshkosh-DefenseAccording to the official reports, Oshkosh Defense received a new production order to provide the U. S. Army with its Family of Medium Tactical Vehicles trucks and trailers.

Part of its 5-year Family of Medium Tactical Vehicles contract with the Tank-automotive and Armaments Command Life Cycle Management Command, the award is for a delivery of more than 2,600 vehicles and trailers systems.

The new FMTV production deal is worth $410 million.

Pages

News in Focus

JK Cement Share Price Target at Rs 6,342: Anand Rathi Research

JK Cement share price was trading nearly one percent lower on Monday. The stock is currently trading close to its yearly highs.

Sponsorship Agreements and Media Rights: The New Face of Esports

The esports sector is rapidly expanding with sponsorship agreements and media rights.

Top 8 Mobile App Development Trends for 2025

Did you ever stop to consider what your phone in twelve months or two years' time might look like? Not the physical appearance, but the apps within.

Yes Bank Share Price Remains Above Rs 20; Immediate Resistance at Rs 22.72

Yes Bank share price remained almost flat during the last week. However, the stock has given 21 percent returns over the last one month.

SBI Share Price Jumps 2%; SBI Looks Strong on Technical Charts

State Bank of India share price jumped 2.09 percent on Friday. The stock is currently at one month highs and looking strong on technical charts.

Tata Power Share Price Analysis and Technical Chart Review for Short Term Traders

Tata Power share price declined 1.13 percent on Friday. The stock has declined five percent over the last six months and has offered 10 percent negative return to investors.