Showing posts with label create. Show all posts
Showing posts with label create. Show all posts

Sunday, 12 June 2011

Obama calls on private sector to create jobs














































US president Barack Obama on Saturday called for the private sector to create more jobs, but underlined the government’s role in promoting professional education.
‘Now, government is not — and should not be — the main engine of job-creation in this country. That’s the role of the private sector,’ the president said in his weekly radio and internet address.
‘But one thing government can do is partner with the private sector to make sure that every worker has the necessary skills for the jobs they’re applying for,’ Obama added.
His comments came after labour department figures showed only 54,000 new jobs had been created in May, just a quarter of the February-April pace; the unemployment rate had edged up to 9.1 per cent.
The White House and economists cautioned that the poor data was likely a monthly blip, but it has fuelled allegations that Obama’s economic policies are failing, 18 months ahead of the presidential election.
The president noted that the US economy had not got into what he called a ‘mess’ overnight, and would not resolve its problems quickly.
‘It’s going to take time,’ he warned.
Obama pointed to the importance of investing in wind power, solar power, and biofuels to make America less dependent on foreign oil and to clean up the environment.
‘These are steps we know will make a difference in people’s lives — not just twenty years from now, or ten years from now, but now, and in the months to come,’ the president said.

IMF latest target in string of cyber attacks


The International Monetary Fund says it was targeted by a sophisticated cyber attack earlier this year.


 IMF officials say the attack was a very major breach of its systems.
Cyber security officials say the hack was designed to install software to create a digital insider presence.
The headquarters of the International Monetary Fund in Washington, DC.
The headquarters of the International Monetary Fund in Washington, DC.

The IMF says its operations are fully functional. The agency holds sensitive economic data about many countries.
The attack took place over several months.

IMF staff were told of the intrusion on Wednesday by e-mail.

 the incident is the latest in a string of high profile cyber security breaches.

In April, the Sony Playstation network was shut down after hackers stole the personal data of about 100 million accounts.
US defence firm Lockheed Martin said in May that it had come under a significant cyber-attack.

Twitter Delicious Facebook Digg Stumbleupon Favorites More