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Commentary: Megabyte revolution
WASHINGTON, Feb. 14 (UPI) -- Hosni Mubarak was toppled after three decades in power. But the army is back in full control -- pending a new constitution, subject to popular ratification, a new multi-party system, and national elections. This will take many months of palavering. And the revolutionaries already feel robbed of their victory. Stay tuned for round 2.
The new Egypt needs food
LONDON, Feb. 14 (UPI) -- As Egypt seeks to establish a new and representative political system after the fall of the Mubarak regime, the one helpful action the United States and Europe could take now would be to ensure that Egypt's drama does not turn into desperate tragedy by ensuring its food supply.
Trade deficit drags on growth and jobs creation
COLLEGE PARK, Md., Feb. 11 (UPI) -- Friday, the U.S. Commerce Department reported the U.S. economy's deficit on international trade in goods and services was $40.6 billion in December, up from $38.3 billion in November and $27.1 billion in mid 2009, when the economic recovery began.
WASHINGTON, Feb. 9 (UPI) -- Two ticking packages slipped into the White House. One is the situation in Egypt that, if not handled carefully especially in Cairo as well as in Washington, could be the bomb that explodes the Middle East. The other package is IED-like -- an improvised explosive device -- lurking in Lahore. If that goes off, the U.S.-Pakistani relationship will be irreversibly damaged.
COLLEGE PARK, Md., Feb. 8 (UPI) -- The U.S. economy is growing only moderately and the job market remains sluggish, but stocks keep roaring ahead -- and they should.
Europe fails again
LONDON, Feb. 7 (UPI) -- France and Germany sought to give some much-needed and sensible leadership to their European partners at Friday's summit but found themselves short of followers.
Another lousy jobs report
COLLEGE PARK, Md., Feb. 4 (UPI) -- Another lousy jobs report!
COLLEGE PARK, Md., Feb. 3 (UPI) -- Friday, economists expect the U.S. Labor Department to report the economy added 150,000 jobs in January, barely enough to hold unemployment steady at about 9.4 percent and far less than should be expected 19 months into an economic recovery.
Commentary: The Mubarak legend
WASHINGTON, Feb. 2 (UPI) -- Between World War I and World War II, Egypt hovered between faux colonialism and faux democracy, going from bad to worse. The land of the pharaohs has known only six years of real democracy in its 5,000-year history.
Egyptian unrest: Dynasty, devolution or revolution?
WASHINGTON, Feb. 2 (UPI) -- Is what is happening in Egypt today, and Tunisia earlier, the harbinger of viral unrest with consequences akin to the French Revolution of 1789 or the Russian Revolution of 1917 but in real time?
In Egypt, an uprising FED by inflation
WASHINGTON, Feb. 1 (UPI) -- Last Wednesday, the Federal Reserve of the United States released a mixed-bag statement of the Federal Open Market Committee's assessment of the domestic economy.
Egypt and stagflation
COLLEGE PARK, Md., Feb. 1 (UPI) -- Events in Egypt aren't the only risk to the global economic recovery -- confidence about sovereign debt and slowing growth in Japan and Europe already pose real risks. And stagflation is peeping over the horizon.
PARIS, Jan. 31 (UPI) -- Only a fool would seek to predict the course of the Tunisian and now the Egyptian revolutions. But only an idiot would deny that something dramatic and profound is under way in the wider Arab and Islamic worlds, and it is far more than just a political phenomenon.
WASHINGTON, Jan. 26 (UPI) -- From Tunisia to Egypt to Jordan to Lebanon, the Arab world’s Islamist extremists are stoking anti-American fires. Prudence dictated that President Obama ignore the Mideast in his State of the Union.
It's time to think, not spend, our way out of danger
WASHINGTON, Jan. 26 (UPI) -- The traditional U.S. solution to military threats has generally been to spend rather than think our way clear of danger. That should change.
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