Arab countries are wasting tens of billions of dollars on subsidies for petrol and energy but dare not roll them back for fear of a political backlash, a UN report said.
WASHINGTON (AFP) – US President Barack Obama will unveil his 2012 budget later on Monday, proposing a raft of spending cuts and tax hikes aimed at curbing a record budget deficit.
WASHINGTON – US President Barack Obama unveils his fiscal 2012 budget Monday, an election year plan forged from conflicting needs to cut spending and stoke the economic recovery.
