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May 27, 2006 -- Afghan President Hamid Karzai arrived in Tehran today for a two-day visit.
Karzai is scheduled to meet with Iran's Supreme Leader, Ayatollah Ali Khamenei, and to hold talks on developments in the region with Iranian President Mahmud Ahmadinejad.
Earlier this month, Karzai's spokesman said Afghanistan is ready to mediate between Iran and the United States in the dispute over Iran's nuclear program, and that Karzai would raise the issue in Tehran.
But Iran's Foreign Ministry today said Iran's nuclear program is not on the agenda for Karzai's talks.
(AFP, dpa)
Originally posted by Agit8dChop
oil above $100 a barrel means food in the shopping centre goes up..
it means driving around goes up..
costs of getting to work go up.
I like when people refer in ecnomic terms to previous happenings.
that was then, this is now.
outside influences mean that jsut because something happened before, means its going to happen again.
its becoming too hard for people to work, buy a house and live.
life is getting to expensive, while cheap labour, and advance technologies force major unemployment, and downsizing of wages.
The American economy is the strongest in the world and growing faster than that of any other major industrialized country. It grew at an annual rate of 5.3 percent in the first quarter -- the fastest growth in 2 1/2 years. It has added more than 5.3 million jobs since the summer of 2003, and employment is near an all-time high. The unemployment rate (4.6 percent) is well below the average for each of the past four decades. Mortgage rates remain near historical lows, homeownership remains near a record high, and sales of new and existing homes reached record levels in 2005. Real disposable personal income has risen almost 13 percent since President Bush took office; and core inflation rose just 2.3 percent over the past 12 months. The Dow Jones industrial average has risen from under 7300 in 2002 to above 11,000 for most of this year. Tax revenues are at an all-time high -- and so is total household net worth.
Violent crime rates remain at the lowest levels in the history of the Bureau of Justice Statistics' survey (which started in 1973). We are experiencing the sharpest decline in teen crime in modern history. Property crimes are near the lowest levels in the history of the federal survey. Welfare caseloads have declined almost 60 percent since 1996.
www.washingtonpost.com...
Originally posted by Luis Tiant
The American economy is the strongest in the world and growing faster than that of any other major industrialized country. It grew at an annual rate of 5.3 percent in the first quarter -- the fastest growth in 2 1/2 years. It has added more than 5.3 million jobs since the summer of 2003, and employment is near an all-time high. The unemployment rate (4.6 percent) is well below the average for each of the past four decades. Mortgage rates remain near historical lows, homeownership remains near a record high, and sales of new and existing homes reached record levels in 2005. Real disposable personal income has risen almost 13 percent since President Bush took office; and core inflation rose just 2.3 percent over the past 12 months. The Dow Jones industrial average has risen from under 7300 in 2002 to above 11,000 for most of this year. Tax revenues are at an all-time high -- and so is total household net worth.
How about America's social issues?
Violent crime rates remain at the lowest levels in the history of the Bureau of Justice Statistics' survey (which started in 1973). We are experiencing the sharpest decline in teen crime in modern history. Property crimes are near the lowest levels in the history of the federal survey. Welfare caseloads have declined almost 60 percent since 1996.
www.washingtonpost.com...
[edit on 6-6-2006 by Luis Tiant]
The changes in CPI methodology since the Clinton Administration are estimated by Williams to have led to the CPI figures systematically understating the true level of US inflation by 2.7% on an ongoing basis.
The Fed's focus on the "core" level of inflation is also misleading. The core CPI is
calculated by excluding the "volatile food and energy" components. At around one
quarter of total consumer expenditure, these categories are very significant, especially
when energy prices are so high.
www.investmentu.com...
Last month, the Federal Reserve quietly issued a statement that it would no longer publish the M3 – the broadest measure of the money supply. Behind the scenes, this spells trouble. Here’s why…
While attending the San Francisco Gold Show last week, my friend Van Simmons (a rare coin dealer) and I had lunch with famed monetarist Milton Friedman, who is 93 years old, but still very alert and knowledgeable about current geo-politics.
“I don’t know why the Federal Reserve discontinued the M3 chart,” he said. “But inflation is clearly a problem right now.”
It predicted that GDP growth in the United States is expected to moderate slightly to 3.4 percent in 2006 from 3.5 percent in 2005, but still the highest among the Group-7 industrialized countries and a major engine of world economic growth.
Meanwhile, the economic gain in the Euro area is predicted to be 2 percent this year, much stronger than the 1.3 percent in 2005. Japan's growth will increase to 2.8 percent this year, also slightly higher than the 2.7 percent last year.