Archive for February 1st, 2010
UN chief urges courage in Cyprus
UN chief Ban Ki-moon says he is encouraged by efforts to find a permanent solution to the division of Cyprus.
No CommentsGeorgian TV ‘blocked by Russia’
Georgia accuses Russia of forcing a French satellite operator to drop its new news channel - a claim denied by the French.
No CommentsGermany will buy ‘tax cheat’ list
Chancellor Angela Merkel says Germany will pay a whistleblower millions for a list of people said to have hidden funds in Switzerland.
No CommentsObama cancels Moon return project
President Obama is set to abandon Nasa’s ‘Moon rockets’ and turn astronaut launches over to the private sector.
No CommentsTreasury Dept. projects $392B in 1Q borrowing (AP)
AP - The Treasury Department says it expects to borrow $392 billion in the current quarter to finance the largest annual budget deficit in history.
No CommentsCitigroup in settlement on checking account fees (AP)
AP - Citigroup Inc. agreed Monday to suspend plans to charge fees on certain kinds of checking accounts as part of a settlement reached with the New York Attorney General’s office.
No CommentsFDA liver risk warning for Bristol-Myers HIV drug (AP)
AP - Federal health officials said Monday that patients taking a Bristol-Myers Squibb drug for HIV are at risk of a rare, but potentially fatal, liver disorder.
No CommentsObama unveils 2011 budget with $3.83T in spending (AP)
AP - President Barack Obama unveiled a multitrillion-dollar spending plan Monday, pledging an intensified effort to combat high unemployment and asking Congress to quickly approve new job-creation efforts that would boost the deficit to a record-breaking $1.56 trillion.
Obama budget would impose host of tax increases (AP)
AP - While President Barack Obama is proposing to cut some taxes for companies that hire workers, his budget would raise a host of other taxes on businesses and wealthy individuals.
Factory activity fueling modest economic recovery (AP)
AP - Hopes that America’s factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.