Bush has some regrets

Bush told journalists in his last press conference today that some of his rhetoric ‘has been a mistake.’ 

Below you can find just some of his mistakes:

And this is an excerpt of his latest press conference where he tries to crack a joke:

Will he manage another gaffe in the remaining 192 hours in office?

Brown claims global leadership spot as his economy’s still in coma

Saying that Gordon Brown’s ambitious is an understatement.

The Guardian today quotes Brown telling GMTV that his government is leading the world in its policies for dealing with the global downturn.

Earlier on today, Brown’s government announced it will give employers up to €2,800 for every new worker they hire prompting newspapers to dub this initiative as the ‘golden hello’.

The initiative will cost the public coffers €560 million.

Young graduates are also on top of Brown’s agenda as plans to create 35,000 new traineeship posts were unveiled.

Brown has been on a spending spree since the begninning of the crisis. However, Sky reports how he’s failing to excite business confidence with only 28% confident in his ability as PM.

Maybe Brown would be better off in stimulating the businessmen’s creativity with funds fostering more innovation and research and helping those who are really in need rather than giving handouts to everyone.

Obama should remove export and visa restrictions, report suggests

A report published by the National Research Council urges Obama to remove export and vis restrictions which make it harder for academics, scientists and businessen to travel to the United States and thus stimulate its economy, the AFP says.

“To reform visa controls and grant US businesses access to the most talented scientists, the report recommends streamlining and including “skills-based preferential processing” in the visa application process to facilitate entry into the country for foreign researchers and students.

Foreign student visas should also be extended so that recent graduates can properly search for work with US-based employers, the report recommended.”

This is a golden opportunity for Malta to strengthen relations with the world’s largest economy after it joined the US Visa Waiver Programme on 22nd December 2008.

Will Obama manage to change the economy’s direction?

Obama’s counting on cross-party support in Congress as he says today his plan might create up to four million jobs in the US.

Unemployment rate in the US is at record low since WWII after more than 2.6 million Americans lost their job in 2008.