The President Obama sponsored a bill recently calling the Congress to adopt a $10.00 an hour Federal minimum wage by 2015 which is more than what he proposed during his 2013 State of the Union address. Republican controlled House and critics of raising minimum wage were quick to reject the idea but the President is […]
Nobel Prize winner Robert J Shiller
The Yale University Professor of Economics Robert J. Shiller, one of three winners collected his 2013 Nobel Memorial Prize in Economic Science on December 8, 2013 in Stockholm, Norway. The Nobel Committee described him as a founder of the field of behavioral finance, an innovator in incorporating psychology into economics and pioneering analyst of speculative […]
Ukraine in turmoil over a trade agreement
The Ukrainian President Viktor Yanukovych is not new to facing controversies. In 2004, as President he faced public outcry when he tried to steal Presidential elections. Once again he is facing angry Ukrainians because as the current President he signed a trade deal to align with Russia instead of much popular and widely expected trade […]
How the Great Barrier Reef is Preserved
Posted By Phin Upham Preservation of the Great Barrier Reef is a complicated process. Australia needed legislation that would allow it to provide funding towards operations that preserve and beautify the reef. Unfortunately, there are still potential disasters that stand in the way of protecting the Great Barrier Reef. Man-Made Disasters The Government of Queensland […]
Essential Soccer Equipment
Whether you’re a new soccer coach or a player new to the sport, the game of soccer requires proper equipment. While a friendly game can be played with a beach ball and on the sand, using the right gear and equipment will enhance a player’s performance and prevent injuries. It’s especially important if you’re a […]
A judge put the NFL agreement with former players in limbo
The National Football League (NFL) in a historic agreement with former players in August 2013 agreed to form a $765 million fund to settle a class-action suits arising from concussion-related brain injuries. An estimated 18,000 former players would be eligible. The agreement calls for compensation, pay for medical exams and underwrite research into concussion-related matters. […]
World powers to make a possible nuclear deal with Iran
Six world power players including the United States made an interim agreement with Iran in late November 2013 after a three-day meeting with Iranian negotiators in Geneva. Other members include Germany, Russia, United Kingdom, France and China. The six-month interim deal will require Iran to limit its activities related to its nuclear actions in return […]
Sochi, Russia will host XXII Winter Olympic Games in February 2014
The Russian Federation will be hosting XXII Olympic Winter Games (22nd Winter Olympics) for the first time (since the breakup of the USSR) from February 6 to 23, 2014 in the Black Sea resort town of Sochi, Russia. Soviet Union hosted 1980 Summer Games in Moscow, Russia. Sochi has a population of over 400,000 and […]
Will Janet Yellen continue current Fed policies?
The U.S. Senate is expected to take up the nomination of Janet Yellen as the next Chairman of the Federal Reserve in early January 2014 after the Senate Banking Committee earlier this month decided to recommend approval of her nomination. If confirmed by the Senate she will be the first women to hold the coveted […]
Some basic information about Exchange Traded Funds (ETFs)
The Exchange Traded Funds (ETFs) have $1.18 trillion assets invested across 1,476 funds. This amount of funds equals to one-third of all money invested in the U.S. equities. This is a remarkable achievement for the ETF industry which started in 1993 with a single fund. During 2000 to 2010, funds invested in ETFs grew more […]