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Washington, Jumada I 4, 1434, Mar 16, 2013, SPA -- In this week’s address, U.S. President Barack Obama spoke to the American people from the Argonne National Laboratory, which he toured earlier that day, about the facility’s focus on harnessing American energy in order to reduce our dependence on oil and make the United States a magnet for new jobs.
President Barack Obama says the U.S. must shift cars and trucks off oil for good so the public can avoid spikes in gasoline prices.
In his address, Obama promotes a plan to direct $200 million a year into an energy security trust to fund research for alternatives like electric car batteries and biofuels. He says the trust would use revenues from federal leases on offshore drilling without adding to the deficit.
Obama says investing in clean energy will help create jobs. He's envisioning cars that can one day go coast to coast without using any oil.
In the Republican address, House Budget Committee Chairman Paul Ryan of Wisconsin says Republicans have a plan to balance the federal budget in 10 years by cutting spending.

--SPA
20:23 LOCAL TIME 17:23 GMT
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Washington, Rajab 14, 1434, May 24, 2013, SPA -- U.S. stocks closed little changed Friday, as trading volume was light ahead of the Memorial Day holiday weekend. In U.S. economic news, new orders for durable goods rose 3.3 percent in April, following a drop of 5.9 percent in March, according...
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Washington, Rajab 14, 1434, May 24, 2013, SPA -- The unemployment rate of immigrants in the United States fell to 8.1 percent in 2012, the same as the jobless level for people born in the United States, marking the first time in several years that immigrants have not had a higher unemployment...
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Washington, Rajab 14, 1434, May 24, 2013, SPA -- Venezuelan President Nicolas Mauro has ordered the creation of a new workers’ militia as part of an existing pro-government fighting force. The announcement in a speech in Caracas late Wednesday received little attention in the Venezuelan...
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Beirut, Rajab 14, 1434, May 24, 2013, SPA -- Ali bin Awadh Asiri, Saudi ambassador to Lebanon, received here today Head of Lebanese Caretaker Government Najib Miqati and a number of Lebanese former officials. During the meeting, Asiri conveyed greetings and wishes of the Custodian of the Two...
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