As a demonstration of his commitment to conquer the tax loopholes that support investment in overseas jobs, President Barack Obama has announced generous tax breaks for companies that provide jobs in the US.

A charity campaign kicked off by investor Warren Buffet and Microsoft founder Bill Gates has spurred as many as 38 US billionaires to pledged at least 50 per cent of their wealth to this effect.

US announces $350-million global fund Climate REDI to provide clean-energy technologies to developing countries

The Obama regime seems to be not so rosy for India, going by the way the new regulations are spelt out. The latest is that US President Barack Obama has opposed inviting overseas nurses, including from India, to fill up the current shortfall in the United States.