Thousands of unemployed people in Michigan could continue receiving extended federal unemployment benefits under a plan approved by state lawmakers Wednesday, though state-level benefits would be limited for people filing new jobless claims next year. View full post on All Stories

Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana’s debt-ridden unemployment fund that labor unions… View full post on All Stories

Despite high unemployment and a slow recovery more people are planning to travel this year and they expect to spend more money than they did in 2010, according to a new report. View full post on All Stories

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – A strong majority of the presidential debt commission voted Friday to approve a plan for reducing the national budget deficit by $4 trillion over the next decade through spending cuts and tax increases. President Obama appointed the 18-member commission that includes Republicans and [...]

The commission will recommend Friday that Virginia’s colleges and universities open year-round, offer new public-private loans and limit the time required to attain a degree as the panel tries to increase the number of students graduating from the state’s public and private schools. View full post on All Stories

The problem I have with criticising Ebrahim Patel’s New Growth Path (NGP), which I am honour bound to do because it is, on the whole, unworkable, is that he is such a nice guy. Our minister of economic affairs is a hardworking, clever, courteous and thoughtful man with a real sense of purpose and a [...]

More than 100,000 people gather in Dublin to demonstrate against four-year austerity plan to reduce debts More than 100,000 Irish citizens took to the streets of Dublin today to protest against the international bailout and four years of austerity. Despite overnight snow storms and freezing temperatures, huge crowds have gathered in O’Connell Street to demonstrate [...]

Linda Young – AHN News Writer Dublin, Ireland, United Kingdom (AHN) – Ireland’s debt crisis and austerity plan has fueled uncertainty among traders, causing the euro to continue its slide in value against the dollar. The European Union’s common currency is now down to two-month lows at $1.3314; it has fallen by more than three [...]

Ireland has unveiled the harshest budget measures in its history, a four-year plan to slash deficits by e15 billion ($20 billion) so it can receive a massive bailout from the European Union and the International Monetary Fund. ||| Ireland has unveiled the harshest budget measures in its history, a four-year plan to slash deficits by [...]

AHN News Staff Brussels, Belgium (AHN) – The European Union has asked Ukraine to improve its human rights records and vowed to grant visa-free travel rights for its citizens in return. European Commission Chief Jose Manuel Barroso and EU President Herman Van Rompuy presented the offer to Ukrainian President Viktor Yanukovych during the Brussels summit [...]

AHN News Staff Ottawa, Ontario, Canada (AHN) – Ottawa is planning to put in place massive spending cuts in a bid to give Canada’s economic recover a big push. Federal Finance Minister Jim Flaherty was scheduled to outline the new economic policies in a speech Monday in Oakville, Ontario. Ahead of his speech, Flaherty hinted [...]