Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the outlook for the economy remains “unusually uncertain” as the US gauge of future economic activity dropped in June, the second decline in past 3 months, suggesting the economic recovery is weakening.
In his inaugural speech, President Barack Obama asserted that the United States remains “the most prosperous, powerful nation on earth.” No matter how powerful a nation is, however, its priorities still need to be rearranged and sometimes compromised, especially when dealing with key allies and partners. This much was evident by U.S. Secretary of State […]