Politics

US President George bush tries to save the West from the imminent crisis that may result from the growth of prices on energy sources. With this goal in mind, Bush arrived in the capital of Slovenia, Ljubljana, to discuss the problems on an international level.

Federal Reserve Chairman Ben S. Bernanke threw the weight of the central bank behind Treasury Secretary Henry Paulson's efforts to strengthen the dollar after its 10 percent drop over the past year.

Israel possesses a whole arsenal of nuclear weapons – 150 nuclear warheads, according to former US President Jimmy Carter. The politician did not name the source of his information and whether the information has been obtained from US intelligence.

The US most popular TV channel Fox News has been beaten by CNN for the first time during the last seven years. Preferences of US citizens were affected by the media reporting of the election campaign and the country’s foreign policy. Twelve million TV viewers preferred the ‘objective’ CNN to Fox News that justifies George Bush’s policy.

The inauguration of Dmitry Medvedev, the following appointment of Vladimir Putin for the position of Russia’s Prime Minister, Putin’s forecast of Russia’s bright future have resulted in a certain rise on the Russian stock market. The dollar quotations have grown too. The US dollar has gained 13 kopecks against the Russian ruble, which is considered quite an achievement.

Experts have described the Russian ruble as the world’s most promising currency. World’s leading banks recommended to snap up Russian rubles, since under the current conditions it is one of the most lucrative investments, Bloomberg said. The recommendations are based on expectations that Russia's new President Dmitry Medvedev will take a course for strengthening the ruble against the world’s currencies. At the same time the dollar is going up against the euro, but it proved to be insufficient to trust in the US currency, but sufficient enough to get disappointed with the European currency.

Mikhail Gorbachev, the ex-president of the USSR, has accused the USA of the imperialistic conspiracy against Russia, which pushes the world to a new Cold War. He said that Washington has been increasing its military potential to prevent Russia’s revival. “The USA can’t put up with the fact that somebody in the world is independent on it,” Gorbachev told The Daily Telegraph. “Every American president must wage war,” he added.

The USA has faced the “difficult economic period”, with these words US President George Bush addressed US citizens. The origin of US leader’s pessimism lies in quite unfavourable economic reports revealed in early May. The new information evidenced the growth of unemployment and the low growth of the US economy.

Slavery has had an ubiquitous and almost universal role in nearly all ancient civilizations. More recently, in the Americas, slavery has played a role in the economic development of several countries such as Brazil, Cuba, Jamaica and the Untied States.

If Iran attacks Israel with the use of nuclear weapons, the United States will destroy Iran completely, presidential frontrunner Hillary Clinton stated in her recent interview with ABC channel.