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Fate of Russian arms treaty remains up in the air

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Dec 19 - By Sasha

 The Senate's Republican leader came out Sunday against a nuclear arms treaty with Russia, warning Democrats not to rush through President Barack Obama's foreign policy priority in the final days of the postelection Congress. Top Democrats still expressed confidence the Senate would ratify the accord by year's end.

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img Fate of Russian arms treaty remains up in the air

Dec 19 - By Sasha

 The Senate's Republican leader came out Sunday against a nuclear arms treaty with Russia, warning Democrats not to rush through President Barack Obama's foreign policy priority in the final days of the postelection Congress. Top Democrats stil...
img Lindsey Graham Makes The Case For Strike On Iran

Nov 7 - By Romica

HALIFAX, Nova Scotia -- A leading U.S. senator on defense issues says any military strike on Iran to stop its nuclear program must also strive to take out Iran's military capability.
img Knicks spoil Arenas' return with win over Wizards

Nov 5 - By jorj

NEW YORK -- The fall of Gilbert Arenas has been long and well-chronicled. His days as an NBA All-Star have long been forgotten, erased by the memories of a bum knee that robbed him of the better part of two seasons and a monstrous mistake, his...
img Discovery launch delayed again due to gas leak

Nov 5 - By jorj

(CNN) -- NASA has scrubbed Friday's launch of Space Shuttle Discovery after reporting a gaseous leak.
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imgQuantitative Easing

Nov 17 - By TLee

The term quantitative easing (QE) describes a form of monetary policy used by central banks to increase the supply of money in an economy when the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero. A central bank does this by first crediting its own account with money it has created ex nihilo ("out of nothing").[1] It then purchases financial assets, including government bonds and corporate bonds, from banks and other financial institutions in a process referred to as open market operations. The purchases, by way of account deposits, give banks the excess reserves required for them to create new money by the process of deposit multiplication from increased lending in the fractional reserve banking system.