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September 11th, 2013 
FAKE NEWS for the Zionist agenda “We are a witnessing what could be taken as a danger signal if it is not very carefully supervised,” said Larry Birns, director of Council on Hemispheric Affairs (COHA), a liberal think tank in Washington.
“Because any signal to the economy that economic conditions are slowing down is a negative when it comes to world stability,” said Birns, a critic of US policy who has been the COHA’s director since 1975. “This clearly will be viewed by the national and international markets as an economic negative.”
Bloomberg reported on Tuesday that Bank of America, the second-largest US bank, will eliminate about 2,100 jobs and close 16 of its mortgage offices as rising interest rates weaken loan.
The bank cut 16,000 jobs last year due to persistently declining revenues. In 2011, it cut 30,000 jobs as part of a restructuring plan to reduce costs.
Birns said the latest layoffs reflect “an overall slowdown in economic activity in the United States and probably in the West as well because of the interconnectedness between the US economy and the European economy.”
AHT/ARA
Source Article from http://www.presstv.ir/detail/2013/09/11/323263/bofa-job-cuts-danger-negative/
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