Posts Tagged Government policy

West seeks to inflict more economic pain on Russia

President Barack Obama speaks on the South Lawn of the White House in Washington, Tuesday, July 29, 2014, as he announces new economic sanctions against key sectors of the Russian economy in the latest move to force Russian President Vladimir Putin to end his support for Ukrainian rebels.  (AP Photo/Manuel Balce Ceneta)

WASHINGTON (AP) — Citing Russia’s stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defense entities, as well as major banks, will deepen Russia’s economic pain even further and force President Vladimir Putin to end provocations in Ukraine.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

EU adopts tough new sanctions on Russia

President Barack Obama speaks on the South Lawn of the White House in Washington, Tuesday, July 29, 2014, as he announces new economic sanctions against key sectors of the Russian economy in the latest move to force Russian President Vladimir Putin to end his support for Ukrainian rebels.   (AP Photo/Manuel Balce Ceneta)

WASHINGTON (AP) — Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. President Barack Obama swiftly followed with an expansion of U.S. penalties targeting key sectors of the Russian economy.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , ,

Senate confirms McDonald as VA secretary

This July 22, 2014 file photo shows Veterans Affairs Secretary nominee Robert McDonald testifying on Capitol Hill in Washington. House and Senate negotiators have approved a $17 billion compromise bill to overhaul the Department of Veterans Affairs and reform a program scandalized by veterans' long waits for health care and VA workers falsifying records to cover up delays. The action comes as the Senate is set to vote Tuesday to confirm former Procter & Gamble CEO Robert McDonald as the new VA secretary, replacing Acting Secretary Sloan Gibson.  (AP Photo)

WASHINGTON (AP) — The Senate on Tuesday unanimously confirmed former Procter & Gamble CEO Robert McDonald as the new Veterans Affairs secretary, with a mission to overhaul an agency beleaguered by long veterans’ waits for health care and VA workers falsifying records to cover up delays.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , ,

Despite good news, benefit programs face problems

Health and Human Services Secretary Sylvia Burwell, center, flanked by Treasury Secretary and Managing Trustee Jacob J. Lew, left, and Labor Secretary Thomas E. Perez, speaks at a news conference at the Treasury Department in Washington, Monday, July 28, 2014, to discuss the release of the annual Trustees Reports. (AP Photo/Susan Walsh)

WASHINGTON (AP) — Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security’s disability program is already in crisis as it edges toward the brink of insolvency.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Not in my backyard: US sending dirty coal abroad

This June 20, 2014, photo show Boardman Coal Plant technician Paz Barratta as he operated the control room in Boardman, Ore. The plant is scheduled to close in 2020. The end of coal here will help Oregon meet the Obama administration’s latest proposal to slash pollution blamed for global warming. If all goes according to plan for global energy conglomerate Amber Energy, coal will still arrive in Boardman, Ore., but instead of feeding the coal plant, it would be shipped to Asia. (AP Photo/Nigel Duara)

BOARDMAN, Ore. (AP) — The largest power plant in Oregon, the Boardman Coal Plant, sat idle one day earlier this summer, “cold steel” in industry parlance, its dirty power no longer wanted on an electricity grid that is becoming greener.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,