Obama: Auto industry revival justifies bailouts
DETROIT (Bloomberg) — President Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.
Heading into a congressional election season in which polls show the public skeptical about the $84.8 billion rescue and anxious about economy, Obama used the backdrop of Detroit-area plants owned by GM and Chrysler to promote what he says is an industry revival that has saved more than a million jobs. Read more
north korea attacks hawaii
North Korea Attacks Hawaii Decision By The Pentagon On Whether
A new missile launch though not expected to reach United States. territory would be a brazen slap in the face of the international community which punished North Korea with new United Nations. sanctions for conducting a second nuclear test on May 25 in defiance of a U.N. ban. Read more
Van Persie defends Dutch final tactics
Robin van Persie has defended the Netherlands’ heavily-criticised attempts to neutralise Spain in the World Cup final.
The Arsenal striker and his international team-mates have been widely condemned for a heavy-handed approach to a match they lost 1-0 in Johannesburg.
Referee Howard Webb showed 14 yellow cards – nine of which were to the Dutch – while defender John Heitinga was sent off in extra time.
Van Persie himself was booked in the 15th minute of an ill-tempered match but has leapt to the defence of coach Bert van Marwijk and the tactics he employed. Read more