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Can Obama use the 14th Amendment to win his fight?

With the October 17 deadline to raise the debt limit rapidly approaching, President Obama is not specifically ruling out using the 14th Amendment to increase the nation’s borrowing ability if the political impasse continues and Congress fails to do so, but says he does not expect the fight to get to that point. Four …

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The International Monetary Fund has warned the US that its impending debt crisis could damage not only its domestic economy, but the entire global economy

“The ongoing political uncertainty over the budget and the debt ceiling does not help. The government shutdown is bad enough, but failure to raise the debt ceiling would be far worse, and could very seriously damage not only the US economy, but the entire global economy,” IMF Managing Director Christine …

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Secretary of State John Kerry will now lead delegations to both countries in place of the president following the ongoing government shutdown

President Obama has cancelled his entire trip to Asia next week, pulling out of summits in Indonesia and Brunei following the ongoing government shutdown, the White House announced tonight. “The president made this decision based on the difficulty in moving forward with foreign travel in the face of a shutdown, …

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Dutdutan Tattoo Festival 2013

The Dutdutan Tattoo Festival, taking place this weekend, is the biggest tattoo exposition in Manila attracting enthusiasts from Malaysia, Indonesia, Singapore, Japan, Guam, Germany and the United States.

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The World’s 25 Biggest Oil Companies in summaries

1. Saudi Aramco – 12.5 million barrels per day Saudi Aramco is by far the biggest energy company in the world, generating more than $1 billion a day in revenues. This image depicts the Shaybah mega-project, sitting on more than 15 billion barrels of oil in the Rub al-Khali desert. …

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