Saturday, 27 October 2012


US presidential election fundrasing crosses $2 billion mark: The Obama campaign has raised a record $1.037 billion. This is for the first time that any presidential candidate has raised more than a billion dollars in an election cycle. According to Federal Election Commission (FEC) data compiled by the non-partisan Campaign Finance Institute, Romney campaign has raised $950.7 million.

Romney-Ryan's Real Poverty Plan: Soak the Poor: Romney's priorities really are pretty stark: He wants to cut taxes on the rich and cut spending on the poor. That's Romney's real poverty plan.

80 top CEOs tell Obama, Romney to slash social spending: The chief executives of 80 large US corporations have issued a “Deficit Manifesto,” calling on the next president to “fix America’s debt” by making substantial “changes in the federal budget.” The statement was published by the Wall Street Journal on Thursday.

Budget cuts push Spain jobless to a record 25 percent: More are expected to lose their jobs next year as additional government cutbacks kick in. In the European Union only Greece has a higher jobless rate.