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Aug 5 - By Romica

NEW YORK—U

Jan 28 - By Romica

CAIRO—President Hosni Mubarak declared a curfew in riot-wracked Egyptian cities and army tanks began to enter streets to beat back protesters that took to the streets en masse Friday, as the Egyptian leader essentially defied U.S.'s recent urging to embrace reform.

Jan 10 - By Romica

TUCSON, Ariz.—Accused gunman Jared Lee Loughner appeared to have been long obsessed with U.S. Rep. Gabrielle Giffords.

Nov 17 - Seeded by TLee

Source: businessinsider.com

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.

May 2 - By Romica

WASHINGTON — Osama bin Laden, the mastermind of the most devastating attack on American soil in modern times and the most hunted man in the world, was killed in a firefight with United States forces in Pakistan on Sunday, President Obama announced.