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Showing posts with the label economy

Over Half of Americans Still Not Likely to Vote for President Obama This Fall

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President Barack Obama and American voters . Over Half of Americans Still Not Likely to Vote for President Obama This Fall People thinking the country is moving in the right direction continues to inch up HARRIS POLL LOGO Harris Poll Logo. (PRNewsFoto/Harris Interactive) NEW YORK, NY UNITED STATES NEW YORK, Jan. 27, 2012 /PRNewswire-USNewswire/ -- As the calendar moved into a new year, it also moved into an election year and President Obama is starting this year exactly as he ended the last one in terms of his approval ratings. This month, just like in December, just over one-third of Americans (36%) give the President positive ratings for the overall job he is doing and slightly less than two-thirds (64%) give him negative marks. Looking at the possible swing states for the general election (Colorado, Florida, Indiana, Iowa, Nevada, New Hampshire, North Carolina, Ohio and Virginia) two-thirds of Americans in these nine states (65%) give the President negative ratings while one-third ...

Potential Benefits From Budget 2012 And Sure-P

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Dr. Ngozi Okonjo-Iweala Potential Benefits From Budget 2012 And Sure-P ~ By Dr. Ngozi Okonjo-Iweala Against the backdrop of the recent debate on the removal of fuel subsidies , and the calculated misinformation being peddled by opponents of this policy, it is pertinent to highlight, in more tangible terms, some of the significant allocations that have been made to essential sectors of the economy, both in the 2012 budget as well as the recently-launched Subsidy Reinvestment and Empowerment Programme (SURE-P). This programme is a 3—4 year programme designed to mitigate the immediate impact of the removal of fuel subsidy and accelerate economic growth through investments in critically-needed infrastructure. It is noteworthy that, while the 2012 budget allocated the best possible amounts to these critical projects, additional resources are allocated to the same projects in the SURE programme to ensure that they are completed at faster rates than envisioned in the 2012 budget. Some of the ...

Nigeria is at the Bottom of 2011 Global Prosperity Index

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Nigeria is at the Bottom of 2011 Global Prosperity Index Nigeria is ranked 104th out of 110 countries in the 2011 Global Prosperity Index, a worldwide assessment of wealth and quality of life. Nigeria’s best ranking is at the 54th position in social capital and the worst is her 108th position in governance. BOTTOM 10 101 Zambia 102 Kenya 103 Mozambique 104 Nigeria 105 Sudan 106 Yemen 107 Pakistan 108 Ethopia 109 Zimbabwe 110 Central African Republic The Legatum Prosperity Index(TM) [http://www.prosperity.com/_ ]) provides the world's only global assessment of national prosperity based on both wealth and well-being. The Index assesses 110 countries (accounting for over 93% of the world's population and 97% of the world's GDP) and ranks them based on their performance in eight sub-indices, including Economy, Governance, Personal Freedom, and Social Capital. "We want to assess the long term drivers of prosperity," said Jeffrey ...

Hillary Clinton praises African women in Africa

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14 Jun 2011 14:15 Africa/Lagos Remarks by Secretary of State Hillary Rodham Clinton at African Union, June 13, 2011, Addis Ababa, Ethiopia WASHINGTON, June 14, 2011/African Press Organization (APO)/ -- Remarks by Secretary of State Hillary Rodham Clinton at African Union, June 13, 2011, Addis Ababa, Ethiopia SECRETARY CLINTON: Good afternoon. It is a great honor to join you here in Addis Ababa and to address the African Union. I want to thank Chairperson Ping, members of the African Union Commission, ambassadors to the AU, representatives of United Nations agencies, and, most of all, representatives of the nations and people of Africa. Thank you for the opportunity to be here with you. It is good to be back in Africa, and it is a singular honor to address this body. During the past few days, I have traveled to Zambia, Tanzania, and now Ethiopia, meeting with leaders and citizens who are rising to meet challenges of all kinds with creativity, courage, and skill. And I am pleased to c...

Half of Americans Unlikely to Vote to Re-Elect Barack Obama

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President Barack Obama's killing of Osama bin Laden is not enough to re-elect him 19 May 2011 16:19 Africa/Lagos President Obama's Job Rating Unchanged Since Early May, but Half of Americans Unlikely to Vote to Re-Elect Him Employment/Jobs and the Economy still most important issues for government to address PR Newswire NEW YORK, May 19, 2011 NEW YORK, May 19, 2011 /PRNewswire/ -- While President Obama 's job ratings may not have changed much from the gain they saw after the death of Osama Bin Laden , there are some shifts the White House probably should worry about as they pertain to his re-election numbers. Currently, 45% of Americans give the President positive ratings for the overall job he is doing while 55% give him negative ratings. Earlier this month, right after the death of the terrorist leader, 46% gave President Obama positive ratings and 54% gave him negative marks. (Logo: http://photos.prnewswire.com/prnh/20100517/NY06256LOGO) There are two groups that give...

Congratulations President Goodluck Jonathan, but tackle National Security Fast

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President Goodluck Jonathan Mr. President, Congratulation for Winning the Presidency, but we must now win the National Security Battle and here is how to do it in Nigeria. Mr. President, let Security Revolution becomes a top agenda for the new Presidency and here is how to we can aggressively execute it in Nigeria. Sir, we must do this with full boldness or chutzpah and we must leave no stone unturned irrespective of sentiments. Sir, remember time is short as there is so much to do. Just ask your friend, President Obama he will tell you the term runs fast! The Nigerian society will soon see the promises of the new Presidency. The new president and the in-coming administration should aggressively pursue strategies and methodologies that could put a real control to problems of national security and anti-democracy as they relate to assassinations, armed robberies, bombing, arson, corruption, unemployment, poor infrastructure, financial waste, institutional slothfulness, and ethnic/religi...

Oil Prices Dip Below $100... Briefly

Oil Prices Dip Below $100... Briefly September 12, 2008 09/12/08 Continued worries over a weakening global economy leading to a decrease in demand finally sent oil prices just below the $100 per barrel mark this past trading session.

Energy: The Rising Toll on Perceptions of America's Foreign Policy

30 Apr 2008 05:01 Africa/Lagos Energy : The Rising Toll on Perceptions of America's Foreign Policy NEW YORK, April 30 /PRNewswire-USNewswire/ -- Rising fears about the health of the U.S. economy are spilling over into the public's thinking about foreign policy issues, and their concerns about the nation's dependence on others to satisfy its energy needs are particularly pronounced. The Spring 2008 edition of the Confidence in U.S. Foreign Policy Index from Public Agenda and its partner Foreign Affairs reveals that six out of ten Americans (60 percent) say reducing energy dependence would strengthen our nation's security "a great deal," the highest percentage since the Index's inception and now the most highly rated of 12 basic strategies to improve national security explored in the survey. Analysis and data for questions asked in all six editions of the CFPI are available at: http://www.publicagenda.org/CFPI6 Whereas improving intelligence operation...

Time for Real Change on the Economy and Taxes

Time for Real Change on the Economy and Taxes by Newt Gingrich (more by this author) Posted 03/18/2008 ETUpdated 03/18/2008 ET The news on the economy this week is increasingly unsettling. Gas prices continue to rise, with inflationary ripple effects throughout the economy. And the bust of the subprime mortgage market has now spread throughout the credit markets to such a degree that Bear Stearns, the fifth largest American investment bank, was sold last weekend in a firesale. Worse still, Wall Street's banks have essentially stopped lending. The appetite for any type of risk has come to a screeching stop. The problem is that a modern economy can't grow, let alone be sustained, for very long when banks stop lending. Companies use loans to finance operations, new equipment, and new acquisitions. That means if companies can't borrow, many will ultimately go out of business and thousands of people will lose their jobs. First Step: Immediate Action Needed to Stabilize the Hous...