9/21/12 News & Information Service 24/7

Submitted by ub on Fri, 09/21/2012 - 05:44

The Republican candidate’s third attempt to relaunch his campaign in as many weeks is undermined as Tim Pawlenty leaves.

EU RESCUE PLAN. Talks Under Way With Spain.
Program will focus on structural reforms to country’s economy long requested by Brussels, rather than new taxes and spending cuts. Meanwhile, Italy slashes growth forecast for 2012. Third largest Euro-zone economy forecasts a contraction of 2.4% this year, twice as deep as expected, as austerity measures hamper fiscal consolidation

US ATTEMPTS FOR CALM. Airs TV Ad Against Film In Pakistan.
The US government has bought television advertising spots on Pakistani media denouncing the controversial recent anti-Islam video.

BURMA SANCTIONS. Aung San Suu Kyi Urges Easing Pressure.
Nobel laureate says these sanctions have run their course as President Thein Sein pursues reforms as he quietly presses on with the struggle of reforms even as Aung San Suu Kyi is soaking up all that adulation. Meanwhile US is courting military contacts with Myanmar as discreet talks have been held between the two nations on prospects for re-establishing training programs and exchanges.

INDUSTRIAL US REVIVAL. Claims Made By Research Findings.
Consultants say this country could increase goods exports by $130bn by the year 2020, thereby increasing 5m jobs, as competitors are hit by higher labor costs.