This afternoon the Senate is set to vote on a bill that would impose tariffs on imports from countries that deliberately undervalue their currency. The move is aimed at China, which the U.S. has long accused to controlling the price of its yuan to keep its exports cheap.
As ABC News reports, the legislation has its detractors, who say it "could trigger a trade war" with China. ABC reports:
Protests against Wall Street bailouts and budget cuts to social programs continue throughout Ohio today in several cities including Columbus. Susan Gellman was at one of them. She says she supports President Obama’s plan to create jobs and she’s in favor of the tax cuts on the nation’s wealthiest citizens to help pay for it.
Over the years, certain vitamins and minerals have been touted as useful in warding off cancer, dementia and other diseases. That’s often followed by studies that disprove the claim or raise serious doubts. The cycle continues this week with news from the Cleveland Clinic about megadoses of vitamin E. Anne Glausser from member station WCPN has the details.
It was quite the scene at a Kiev court this afternoon: While a Ukranian judge handed a 7-year jail sentence to country's former prime minister and opposition leader Yulia Tymoshenko, she turned to reporters and started talking.
As the AP reports, Tymoshenko called the trial a "lynching" and accused the current president Viktor Yanukovych of instigating it:
The Justice Department said Tuesday it had foiled a plot directed by elements in the Iranian government who sought to assassinate Saudi Arabia's ambassador to the U.S.
Attorney General Eric Holder said two men, Manssor Arbabsiar and Gholam Shakuri, have been accused in connection with the alleged plot. Authorities said they had planned a bombing to kill the Saudi ambassador, Adel al-Jubeir.
Eating too much, rather than not enough, is the big health problem for most Americans. Yet, many of us take a supplement or vitamin in the hope of staving off illness with big doses of particular nutrients.
A new study shows that might not be such a great idea. Use of many common supplements — iron, in particular — appeared to increase the risk of dying, and only calcium supplements appeared to reduce mortality risk. The increased risk amounted to a few percentage points in most instances.
Ever since President Obama proposed his $447 billion jobs bill in a joint address to Congress last month, he has been campaigning for it nonstop. He has whipped up crowds all across America who chant: "Pass this bill!"
It contains a variety of measures to fight unemployment — everything from tax breaks for businesses to extended benefits for the jobless. But despite the campaigning, the Senate is expected to kill the proposal Tuesday on a procedural vote.
Jonathan Cowan of the centrist Democratic group Third Way says that's no big deal — it was always a long shot.