* Debt ceiling, spending cuts will spark more fights * “Fiscal cliff” struggle a harbinger of things to come * Republicans unhappy about deal to raise taxes on wealthy * Republican Boehner and Democrat Reid exchanged insults President Barack Obama and congressional Republicans face even bigger budget battles in the […]
Tag: United States
Nigeria as Giant of Africa Receives $5 billion FDI from US-Ambassador
Ambassador Terence P. McCulley, the United States Ambassador to Nigeria recently granted an interview to the Economic Confidential magazine in Abuja. A career diplomat, McCulley started his career in Africa when he was posted to Niger, followed by assignments in South Africa, Chad and worked on Central African affairs. He […]
U.S. sues Bank of America over “Hustle” mortgage fraud
The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. Wednesday’s case, originally brought by a whistleblower, is the U.S. Department of Justice’s first […]
