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Obama Announces Debt Agreement
President Barack Obama finally announced in Washington on Sunday (07/31/2011) night that he and members of Congress have reached an agreement to avoid default in the U.S..
“I want to announce that leaders from both parties have reached an agreement to reduce the deficit and avoid default. Failure to pay will be devastating for our economy,” Obama said at the White House.
Senate Democratic Leader U.S. House of Representatives and leader of the Republic said it would announce a framework agreement on Monday. “We’re not finished, I like to call upon the members of both parties to do so truthful and support this agreement with your vote at the polls the next few days,” continued Obama.
Space for U.S. government debt has been discharged on 16 May and to be able to operate, the government must get approval again to increase the debt ceiling. If not, the U.S. will have failed to pay because there is no money to pay its obligations, such as coupon payment and salaries as well as soldiers. (AFP / JOE)
Kye Allums Operation Sex, Male Basketball Player
WASHINGTON, AXELORANO.COM – Junior Kye Allums pebasket daughter home of George Washington University will perform fully as an athlete son this season after genital surgery.
Junior Kye Allums was familiarly called Kay-Kay has been registered as a member of the girls basketball team at his school. He admitted this during the full support of his team colleagues. “Other team members treated me as an older brother.”
Robert Chernak of Key Allums said the university has taken the decision to become a student.
According Chernak, Key Allums had contacted it and promised not to consume drugs associated with its status as a student athlete.
Basketball coach Mike Bozeman support Key Allums action. “That’s right Key Allums entirely to take this decision,” said Bozeman.
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After the killing of Osama Bin Laden Oil Price Down
TOKYO: The contract of world oil prices declined again in New York. This afternoon, the contract price of oil for June delivery on the New York Mercantille Exchange fell 77 cents to U.S. $ 112.75 per barrel. At 14:27 pm Singapore time, the same contract in the position of U.S. $ 112.93 per barrel.
Yesterday, oil prices fell 0.4% to U.S. $ 113.52 after earlier perched on the position of U.S. $ 114.83 per barrel, the highest level since September 2008. In the past year, oil prices have gone up 31%.
Meanwhile, the contract price of Brent crude for June delivery on London’s ICE Futures Europe Exchange fell 0.7% to U.S. $ 124.25 per barrel. Yesterday, the contract fell 0.6% to U.S. $ 125.12 per barrel.
Melorotnya oil prices was allegedly caused by a number of signs that U.S. economic growth slowed. In addition, the market also worried about the revenge attacks after Osama bin Laden had been killed.
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Oil prices fall back
Sydney – Contract re-sagging world oil prices. Thus, the decline in oil prices has occurred for three consecutive days. Today, oil prices fell after data showing the supply of oil reserves rose to its highest level in four weeks.
According to data from the American Petroleum Institute, oil reserves rose 4.91 million barrels last week to 361 million barrels. This is the biggest increase in four weeks.
It makes oil prices go down. This morning, contract prices on the New York Mercantile Exchange for delivery in June fell 50 cents to U.S. $ 111.71 per barrel. At 8:28 pm Sydney time, the same contract in the position of U.S. $ 111.87. Yesterday, oil prices fell 7 cents to U.S. $ 112.21 per barrel. In the past year, oil prices have gone up by 33%.
Meanwhile, the contract price of Brent crude on the ICE Futures Europe exchange for delivery in June rose 0.4% to U.S. $ 124.14 per barrel yesterday.