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Senate confirms Obama’s Fed nominees
The Senate confirmed President Barack Obama's two nominees to the Federal Reserve on Thursday. Once the two new board members have been sworn in, the seven-member panel will, for the first time since April 2006, operate at its full capacity. Towards the end of last year, President Obama chos
Putin will not attend G8 meeting this month
Russian President Vladimir Putin will not attend the G8 summit later on this month according to the Obama administration. Instead, Prime Minister Dmitry Medvedev will travel to America ahead of the May 18-19 meetings which are scheduled to be held at Mr. Obama's retreat in rural Maryland. [ca
Ron Paul wins Louisiana caucuses
Republican presidential candidate Ron Paul managed on Saturday to secure a majority of winnable delegates to the Louisiana Republican convention which is due to be held in June. According to data released by the Louisiana Republican Party, delegates supporting Dr. Paul came in pole position i
