by Galen Petruso | Oct 2, 2012 | Monitor
U.S. says Iran economy under strain, urges new nuclear policy Reuters A precipitous drop in Iran’s currency, the rial, shows that sanctions are cutting “deeper and deeper” into its economy, the United States said on Monday, reiterating Iran must rein...
by Galen Petruso | Sep 27, 2012 | Monitor
The United States is the largest consumer of oil in the world, burning about 18 million barrels per day, this dependence creates serious national security threat. Reliance on foreign oil makes America susceptible to high oil prices which have devastating effects on...
by Galen Petruso | Sep 25, 2012 | Monitor
Nigeria Boko Haram crackdown kills 35 BBC News – Africa The Nigerian army reports that 35 alleged Islamist militants were killed and approximately 60 more detained in counterterrorism operations throughout Adamawa and Yobe states. A Matchmaker for Energy Startups and...
by Galen Petruso | Sep 24, 2012 | Monitor
The new 2013 fiscal year begins on October 1, 2012; however, because Congress was unable to pass any annual appropriations bill to fund discretionary spending, a six-month continuing resolution (CR) has been approved. Already passed by Congress, the CR will maintain...
by Galen Petruso | Sep 18, 2012 | Monitor
18 September 2012 Russia writes off 90 percent of North Korea’s debt Maya Dyakina and Lidia Kelly/Reuters Russia has agreed to write off up to 90 percent of North Korea’s $11 billion debt and will instead reinvest the money in infrastructure and development...
