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Drones over U.S. may pose security risks
CARACAS, Venezuela, Jan. 13 (UPI) -- Inflation zoomed to nearly 31 percent in Venezuela last year but President Hugo Chavez indicated Tuesday he will hold steady in his economic course.
The socialist leader acknowledged in his annual state of the nation address that the 30.9 percent rate was high "in relation with the countries of the region." But he appeared intent on putting economic growth first, the Latin American Herald Tribune reported.
"All the gains" achieved under his rule would be lost if the "counter-revolution" took power, he said.
"As long as I am president there will be more power for the people (and) social justice," Chavez said.
The 2008 inflation spike came after a 22.5 percent rate in 2007 and was even higher than the 27 percent Finance Minister Ali Rodriguez Araque had estimated it would be last month, the Herald Tribune said.
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WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
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CHARLOTTE, N.C., Feb. 10 (UPI) --
The Babcock and Wilcox Nuclear Operations Group reports a second order for nuclear power components for the U.S. Navy under a contract awarded in 2010.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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