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Obama argues healthcare law is working, rejects Republican criticism WASHINGTON: President Barack Obama mounted a vigorous effort on Thursday to show his signature healthcare law is working and dismissed Republican critics who are using flaws in Obamacare to campaign for ousting Democrats from the US Congress in November.Appearing in the White House briefing room days before leaving the national stage for a week-long trip to Asia, Obama used a news conference to make the case that the Affordable Care Act had mended nicely from its disastrous October rollout.He announced that 8 million people had now signed up for health insurance and that 35 percent of enrollees through the federal marketplace are under the age of 35. For the healthcare law to succeed, young, healthy people must sign up and pay premiums to offset the healthcare costs for older Americans.Obama's remarks reflected deep concerns at the White House that Republicans may be able to topple Democrats from control of the ...

House Republican leaders holding up US immigration reform: Obama WASHINGTON: President Barack Obama on Thursday called on the US Congress to pass comprehensive immigration reform, which he said was being held back by Republican leaders in the House of Representatives."There is bipartisan support for comprehensive immigration reform," Obama said at a news conference. "It would strengthen our economy, it would help with our security and it would provide relief to families, many of whom have lived here for years and have children and family ...
Fourth officer charged in US Navy bribery scandal LOS ANGELES: A fourth US Navy officer has been charged with leaking information to a foreign defense contractor in exchange for cash and other gifts in a widening bribery scandal, officials said Thursday. Petty Officer First Class Dan Layug, 27, was arrested Wednesday in San Diego and appeared in court Thursday, when a judge released him with GPS monitoring in lieu of a $100,000 bond. He is accused of accepting bribes in return for giving ...
Mexico frees 179 kidnapped Central America migrants NUEVO LAREDO: Mexican troops have freed 179 undocumented Central America migrants bound for the United States, prosecutors said Wednesday.Soldiers discovered the migrants in the northeastern state of Tamaulipas from April 9-13, the state prosecutor's office said.Five people handling the migrants, who were from Guatemala, Honduras, El Salvador and Nicaragua, were arrested, an official in the prosecutor's office told AFP.Migrants passing through Tamaulipas are often abducted by the Golfo drug cartel and robbed, subjected to extortion, ...
Fed's Fisher unworried by current low inflation AUSTIN: Dallas Federal Reserve Bank President Richard Fisher said he is "not uncomfortable" with the current low level of US inflation, and will not vote for or support any policy that drives it above the Fed's long-term 2-percent goal."We are in that region of 1 to 2 percent; I am not uncomfortable with that," Fisher said. "I am a hawk as they call it in the aviary of the Federal Reserve, and I will not ...
US housing effort in Haiti falls short: official WASHINGTON: A US project to provide badly-needed housing for hundreds of thousands of Haitians left homeless by a 2010 earthquake has failed to live up to its promise and went over budget, a government audit said Tuesday.The Office of the Inspector General for the US Agency for International Development said only 816 of the planned 4,000 houses had been built as of August in Haiti's devastated capital Port-au-Prince.The USAID/Haiti mission had initially expected the construction ...
Boston remembers marathon victims one year on BOSTON: Boston paid solemn tribute on Tuesday to the victims and survivors of the marathon bombings that traumatized the northeastern US city and stunned the nation one year ago.Three people were killed and more than 260 others wounded when two pressure cooker bombs detonated near the finish line of the city's famous marathon on April 15, 2013.The attacks were allegedly carried out by two brothers of Chechen descent who had lived in the United States ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln