• Welcome to the American Nation News Website!

    Welcome to the ANN American Nation News website! The only place for American News, Weather, Sports Bisness, and much more all at your fingure tips! Look around, and get reading on the latest in news across the United States, and even around the world!
  • Enter your e-Mail address to follow the American Nation News and receive notifications of new posts by email.

    Join 3 other followers

  • ANN Menu

  • American Nation News is protect by CopyScape. Do not copy!

    Protected by Copyscape Originality Checker

Two Koreas ‘at a turning point’ says South president

South Korean President Lee Myung-bak said a window of opportunity to improve ties was open. The Korean peninsula is at a “turning point” and there are opportunities for change, South Korean President Lee Myung-bak said in a new year speech. He said Seoul would “respond strongly” if provoked by North Korea, with whom it remains technically at war. But he said that the biggest goal was stability, and that aid-for-disarmament talks could resume if Pyongyang halted its nuclear activities. On Friday, North Korea told the people to not enspect much change from the new leadership. The Country’s Defence Commishion told the citizens of the North to defend Kim Jong-un to the last man, and to give all that they can to defend the Leader of North Korea. Kim Jong-un has succeeded his father, Kim Jong-il, who died on 17 December at the age of 69. Kim Jong-il had ruled North Korea since the death of his father, Kim Il-sung, in 1994. The impoverished and isolated communist country faces ongoing food shortages. Funds are channelled to the military and North Korea has conducted two nuclear tests since 2006. Lee Myung-bak said that peace was his priority and that a “window of opportunity” had opened for better ties with the North. He says that their is alot of turning points allong the Korean peninsula, and a window of opertunity could be underway to connect with the North. In the last two years, ties between the two Koreas have been extremely tense. Mr Lee’s decision to link the provision of aid to North Korea to progress on nuclear disarmament has angered the North. South Korea also blames its northern neighbour for sinking its warship in March 2010, killing 46 sailors. Eight months later, North Korea shelled a Southern border island, killing four people. Kim Jong-un took over after the death of his father, Kim Jong-il, two weeks ago, South Korea however, will matain a State of National Security along the 38Th Paraele, should the North go on the Ofenceve, and attack the South again… Pyongyang denies any role in the first incident and says South Korea provoked the second. It has castigated the South for failing to send a formal delegation to pay respects to Kim Jong-il. In the New Year Message, the Defence Commity in the North maid an announcement to defend the New Leader, dispite if they have to become a human shield. “The whole party, the entire army and all the people should possess a firm conviction that they will become human bulwarks and human shields in defending Kim Jong-un unto death.” Kim Jong-un, meanwhile, spent New Year’s Day visiting a tank division, state media said. His father was regularly reported to have visited factories, military units and agricultural projects on inspection tours around the country. The outcome of this, is for the moment, unknown, but it is belived, that maybe with the new leadership, we might be able to go forth and have a Conection with the North, that we have waited for for many years.

Advertisements

Whats Next For Europe

Everyday in Europe brings in a new fear.First, it’s the threat of a default by Greece. Then it’s the Italian government on the verge of collapse. Next, it could be Portugal and Spain. Markets worldwide respond with massive selloffs.  it costs Greeks Prime minsters job and similar outcome in Italy. Whats next? its not that terribly  palatable for Europe;the ramifications could be dire for American investors, too.

 

 

 

 

 

 

 

 

politics government world news

Arab Nations working to get tourists back

Arab Nations such as Egypt are currently in the process of regaining tourists after a line of popular uprisings strucken the Middle Eastern countries.
Tourists have started to return to Egypt since the political unrest at the start of the year, but still, their is a nerve racking feeling that has darken over the Hotel Bisnesses in the Middle East.
This year’s Arab Spring has meant tough times for the tourism industry across North Africa and the Middle East.
With popular uprisings leading to regime change in Egypt and Tunisia, popular beach resorts such as Egypt’s Sharm el-Sheikh were left deserted in the early part of the year, as holiday companies evacuated European tourists.
With Civil War in Libbia, and Anti Government Protest & Riots in Syria, the big Hotel bisnesses seam to Perhaps, visit the Reageon a little less then usual sense the Security of tourists could be one not worth risking. As The World is all eyes on Greese, and the Protest on Walstreet, and in Frankfurt, this is one not worth risking the lives of Curious visitors who intend to be there for a good time.
Add April’s bomb attack on a cafe in the Moroccan city of Marrakesh that killed 15 people, the continuing reports of sectarian violence in Egypt, and the protests in Bahrain, 2011 has been challenging for the tourism sector across North Africa and the Middle East.
though with their some what unstable countries, and as 2011 draws to an end, price cuts are inspected to be seen to draw back the tourists to the Vacasion spots that make Egypt known, as well for parts of Africa, and other Parts of the Reageon.
With Elections in Egypt, Lybbia, and Tunisia, All expect numbers of overseas tourists to rise again in 2012.
Though their is still dout among the tourism sector across much of Over Seas, their is some fear of possible attacks that could cause the death of Visitors to the sector Reageon, and is a consern across the Political side of the Nations in the Middle East.
With Gadafi dead, the people of Lybbia are slowly starting to realize the Impact.
Sense the fall of Gadafi and his resheam, the Lybbian people are prepairing for elections here soon.
Hopefully, the Hotels across Africa, and the rest of the Middle East will have their doors wide open for curious and adventureous visitors to have a great relaxing vacasion.
~Lincoln Ritchhart
CEO & Chairman
American Nation News

US debt to other countries increases.

Hello, This is Jeff with interesting news, I was at school in the computer labs when a friend pulled an interesting site out. This site showed the numbers of US debt I got shocked when I saw this and I knew we are in a terrible situation.

If The president of the US decites to pay they bill our nations budget will go down by trillions of dollars and we will experience the bigger economical crisis yet known in the US.

The numbers in that site are incredibly big and they are quicly increasing check out this site yourself. usdebtclock.org

Jeff signing out – Good luck fellow Americans.

Stockmarket In Perral As Uro Decreases

Yesterday, the Stockmarket was closed at a bad end for some companies.
The crisis is reaching an intense moment where it is threatening larger economies such as France and Italy, and leaders across the world have pressured European officials to act swiftly.
The euro fell by 0.37% to $1.390, while the greenback fell 0.19% against a basket of world currencies. Euro zone blue chips dipped 1.1%.
Housing, Consumer Confidence Take Spotlight
Consumer confidence was much lower than expected in October. The Conference Board’s gauge came in at 39.8, down from 46.4 the prior month, and far weaker than the 46 economists had expected. Confidence took a big hit from the late-summer market turmoil, and continued uncertainty over the economy and U.S. fiscal policy.
Mean while in all the termoil, Netflix coustumers are fleeing after a price increase from the movie rental company.
The NETFLIX INC. had a freefall yesterday with Stocks closing at -41.44. A Drop that may spell the end for Netflix if they continue to bump up prices, and continue to have Custumers flee towards other means of movie rentel services. As People pull out of their savings with NETFLIX, the Entertainment Corporation is going at a nose dive of 37% Custumers fleeing.
With the Uro on the Decreese, and all Stock Traiders with eyes on the falling European Currency, the fear of loosing their Savings & shairs continues to grow among the Stock & Global Finance World.
Traders have been keeping a close eye on Europe, where euro zone policymakers were set to meet on Wednesday in the second summit in four days to discuss the region’s deepening debt crisis. The Wall Street Journal reported a summit of finance ministers has been called off. However, a European Council spokesperson confirmed that a meeting between euro zone heads of state is still on.
All Eyes are currently on all of Europe as any decrease on the Value could trigger a chain reaction towards a long line of traiders who have alot to loose in this day & age.
With the Obama Administration printing more Dollars then their is Welth among the United States, the Cost of Inflation is hovering above the American People at a linguring & Dangling dispare.
One U.S. Citizen told a reporter for the American Nation News, that if Obama and his Adminastration continue with the printing of thousands of U.S. Dollar Bills, the Economic dammage can, and Will put us further in the Grave wich is Depression.
Meanwhile, Oil got a boost from a weaker dollar, and speculation that flooding in Thailand may increase demand in the region. Light, sweet crude jumped $2.91, or 3.2%, to $94.18 a barrel. Wholesale RBOB gasoline slipped a penny, or 0.3%, to $2.68 a gallon.
In metals, gold jumped $10.80, or 0.67%, to $1,663 a troy ounce. Yields on government debt nudged lower. The benchmark 10-year note yields 2.235% from 2.239%.
Foreign Markets
The English FTSE 100 slid 1.1% to 5,525 and the German DAX dipped 0.14% to 6,047.
In Asia, the Japanese Nikkei 225 slumped 0.92% to 8,762 and the Chinese Hang Seng jumped 1.1% to 18,968.
Their is no doubt, that their is a Great Depression among us, and we should watch out for whats ahead of this long road we are traveling along.

~Lincoln Ritchhart

9-9-9 plan politics and government

Herman Cain has a plan to radically reform the nation’s tax system and make things a lot simpler for taxpayers.

Problem is, it could end up adding to the deficit and shifting the tax burden away from the wealthy and onto the poor, according to some leading tax experts.

Cain, who’s recently moved up in the polls to become one of the leading Republican presidential candidates, is basing much of his campaign on what he calls the 9-9-9 plan, which would get rid of almost all current taxes and replace them with a 9% flat tax on income, a 9% flat corporate tax and a 9% national sales tax.

Cain claims his system would raise as much tax revenue as the current complex system of federal income tax, corporate taxes and payroll taxes. And he believes his plan could bring in additional revenue by boosting economic growth.

Tax experts from various nonpartisan think tanks say without seeing more details of the plan than Cain has released thus far, they can’t say for sure whether the system would match current tax collections, or add to the deficit.

“It is theoretically possible it could be revenue neutral, if you literally taxed all of consumption,” said Diane Lim Rogers, chief economist with the Concord Coalition, a think tank that focuses on reducing the federal deficit.

Millionaire tax would cover cost of Obama jobs bill

Other experts doubt Cain’s proposal would be able to raise as much revenue as the current system, even with the addition of the sales tax.

“That’s a big revenue hole you have to fill,” said Joe Minarik, director of research for the Committee for Economic Development, referring to the significantly lower rates for income, payroll and corporate taxes. “A 9% sales tax is relatively muscular. It will raise a lot of money But my guess is you’ll probably be revenue short.”

But what is far more clear, according to the experts, is that the wealthy would end up paying less than under the current system, and the poor would end paying more.

About 22% of taxpayers, primarily low-income earners, pay no taxes and even get money back from tax credits, according to Roberton Williams, senior fellow for the Tax Policy Center. Credits they get for things like having children and the earned income tax credit offset the money they own in payroll taxes. And since they’d be paying a 9% sales tax under Cain’s proposal, their dollars won’t go as far.

“For the bottom end it’s certain to be a tax rise of substantial proportion,” he said.

The effective tax rate for the top 1% of wage earners is about 18%, Williams said, so a flat rate of 9% would mean a substantial reduction for most, even with the addition of a 9% sales tax on purchases. The wealthy are far less likely than low- or middle-income wage earners to be spending all of their earnings on purchases that would be subject to the sales tax.

“Every change in the tax system shifts who pays how much. If you’re trying to be revenue neutral, there’s always going to be winners and losers,” said Williams.

The Obama administration

The Obama administration is pulling the plug on a long-term, home-care program included in the 2010 healthcare reform law that Republicans have derided as a budget trick.