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Pomboy: Fed Has To Cut Interest Rates Aggressively…Now To Avoid Economic Disaster. Plus Look At These Twin Collapses

Stephanie says Fed has to cut interest rates aggressively right now in order to avoid economic disaster. Plus look at these twin collapses. Fed Has To Cut Rates Aggressively June 27 (King World News) – Stephanie Pomboy:  Either reading comprehension is a major problem in this country or that somehow wasn’t clear enough. So let me try again. The only way for the Fed to avoid the complete deflation of the bubble

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Jihadists attack Iraq's largest oil refinery

Islamic State militants on Saturday launched suicide attacks against the Baiji oil refinery, Iraq’s largest, a senior army officer said. “Today Daesh (an Arab acronym for IS) launched an attack against the Baiji oil refinery,” said a major general from Salaheddin province, in which Baiji is located. Two were killed but one managed to blow himself up,” the army officer said. The army officer said 20 jihadist fighters were killed

Obama touts clean energy in bid to restore U.S. leadership in Caribbean

By Matt Spetalnick KINGSTON (Reuters) – President Barack Obama met with Jamaica’s prime minister on Thursday, announcing a major clean energy partnership ahead of a Caribbean summit where he hopes to reassert U.S. leadership in the region at a time when oil-producing Venezuela’s economic clout may be receding. The White House used the occasion to announce a major step towards healing its five-decades-old rift with Cuba, saying the State Department

Japan to pledge 20% greenhouse gas cut

Japan will promise to cut its greenhouse gas emissions by 20 percent from 2013 levels ahead of a global summit on climate change this year, a report said Thursday, despite uncertainty over post-Fukushima energy policy. The government will likely announce the new target at the Group of Seven (G7) summit in June in Germany, the leading business daily Nikkei reported, citing unnamed government sources. In a separate report, Kyodo News