News Updates on the Economy
North Korea discusses succession and more...

Bernanke Signals Fed Is Ready to Prop Up Economy

JACKSON HOLE, Wyo. — The Federal Reserve chairman, Ben S. Bernanke, said Friday that the central bank was determined to prevent the economy from slipping into a cycle of falling prices, even as he emphasized that he believed growth would continue in the second half of the year, “albeit at a relatively modest pace.”

Carter Leaving North Korea With Freed American Prisoner

Aug. 27 (Bloomberg) — Former President Jimmy Carter said he is leaving North Korea today with a freed American prisoner who was granted amnesty for the crime of illegal entry into the communist state.

The freed prisoner, Aijalon Mahli Gomes, will likely be returned to Boston today to join his family, according to an announcement of the Carter Center posted on its website.

Human trafficking second only to drugs in Mexico

(CNN) — Mario Santos likely never made it to the United States.

The 18-year-old set out 10 years ago from his native El Salvador in search of opportunity and a better way of life. But he had to travel north through Mexico first.

A short while after leaving, he called his parents to tell them he had been beaten and robbed in Mexico, left penniless and without shoes or clothes. It was the last they heard from him.

By Published On: August 27, 2010Categories: Current News0 Comments on Friday News Updates
News Updates on the Economy
North Korea discusses succession and more...