Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Sunday, November 11, 2007

US to Help Turkey Combat Rebels

President George W. Bush has promised extra help to tackle Kurdish rebels in northern Iraq, following talks with Turkish Prime Minister Recep Tayyip Erdogan. Mr. Bush offered to share intelligence with Turkey and declared the PKK rebel organization an enemy of Turkey, a free Iraq and the United States. Turkey has threatened to hit bases used by the PKK (Kurdistan Worker's Party) unless the US and Iraq do more to help.

Thursday, November 1, 2007

US Economy Sees Surprise Growth

I heard today that the Feds dropped the interest rate a quarter of a percent in hopes of stopping the foreclosures of homes. People will be able to get home loans for less and hopefully, more of them will go out and get home loans. The economy grew, however, at its fastest rate in 1 1/2 years this summer. The US economy grew at an annualized rate of 3.9% between July and September in spite of the housing market downturn and the global credit squeeze. This is good news.