Posts Tagged ‘Washington’
AIG reveals $454 mln in 2008 performance bonuses
| AIG reveals $454 mln in 2008 performance bonuses |
| Reuters | May 05, 2009 | Reporting by Jeremy Pelofsky in Washington and Lilla Zuill in New York, Editing by Andre Grenon |
| WASHINGTON, May 5 (Reuters) – Embattled insurer American International Group (AIG.N) paid some $454 million in previously undisclosed performance bonuses to employees for 2008, the company said in answers to questions from a U.S. lawmaker that released on Tuesday.
AIG was widely criticized for paying out some $165 million in retention bonuses after it received some $180 billion in government bailout aid. Some of the retention bonuses were returned by employees after the firestorm of criticism |
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Taliban attack convoy, threatening Pakistan deal
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| A Pakistani army tank patrols in Buner district, where troops recently launched an offensive against militants May 3, 2009. Pakistani security forces killed 16 Taliban militants after coming under attack in a volatile tribal region on the Afghan border on Saturday, the military said. REUTERS/Stringer (PAKISTAN POLITICS MILITARY) |
| Taliban attack convoy, threatening Pakistan deal |
| AP/Yahoo | May 04, 2009 | By ZARAR KHAN |
| ISLAMABAD – Taliban militants attacked an army convoy Monday in a northwestern region covered by an increasingly fragile peace pact, killing one soldier and dealing another blow to an agreement seen in the West as a capitulation to extremists. read more |
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| Pakistani army officers and scientists stand alongside the long-range ballistic missile, Shaheen II, or Hatf VI, before the test flight at an undisclosed location in April 2008. Faced with a surge of Islamic militant activity in Pakistan, the US government is increasingly concerned about the potential vulnerability of the country?s nuclear arsenal, The New York Times reported. (AFP/ISPR/Ho/File) |
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| Displaced people from Pakistan’s Swat valley leave the region on May 2. A peace deal in Pakistan appears close to unravelling as authorities threatened to resume military action while armed Taliban patrolled a key town in defiance of a curfew. (AFP/File/Tariq Mahmood) |
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Economy in U.S. Shrank at 6.1% Rate in First Quarter
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| Economy in U.S. Shrank at 6.1% Rate in First Quarter |
| Bloomberg | Apr 29, 2009 | By Bob Willis |
| The U.S. economy plunged again in the first quarter, capping its worst performance in five decades, reflecting a record slump in inventories and further declines in housing.
Gross domestic product dropped at a 6.1 percent annual pace, more than forecast, after contracting at a 6.3 percent rate in the last three months of 2008, the Commerce Department said today in Washington. The report, which marked the weakest six months since 1957-58, comes as Federal Reserve policy makers meet for a seco |
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Deadly new flu breaks out in Mexico, U.S.
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| A police woman wears a mask in Mexico City April 24, 2009. A strain of flu never seen before has killed up to 60 people in Mexico and also appeared in the United States, where eight people were infected but recovered, health officials said on Friday. REUTERS/Jorge Dan Lopez (MEXICO SOCIETY HEALTH ENVIRONMENT IMAGES OF THE DAY) REUTERS/Str |
| Deadly new flu breaks out in Mexico, U.S. |
| AlertNet dot org — Reuters | Apr 25, 2009 | By Alistair Bell and Noel Randewich |
| MEXICO CITY, April 24 (Reuters) – A strain of flu never seen before has killed as many as 61 people in Mexico and has spread into the United States, where eight people have been infected but recovered, health officials said on friday.
Mexico’s government said at least 16 people have died of the disease in central Mexico and that it may also have been responsible for 45 other deaths. The World Health Organization said tests showed the virus in 12 of the Mexican patients had the same genetic |
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| People wear masks inside a bus in Mexico City April 24, 2009. A strain of flu never seen before has killed up to 60 people in Mexico and also appeared in the United States, where eight people were infected but recovered, health officials said on Friday. REUTERS/Felipe Leon (MEXICO DISASTER HEALTH ENVIRONMENT) REUTERS/Stringer/Mexico |
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U.S. Could Take Stakes in Big 3
House Speaker Nancy Pelosi, with House Financial Services Committee Chairman Barney Frank, discusses auto-bailout negotiations. (Photo: Reuters)
U.S. Could Take Stakes in Big 3
DECEMBER 9, 2008, Wall Street Journal
Bailout Plan Gives Government Warrants in Exchange for Loans; Passage Uncertain
By GREG HITT WASHINGTON — Congress and the White House inched toward a financial rescue of the Big Three auto makers, negotiating legislation that would give the U.S. government a substantial ownership stake in the industry and a central role in its restructuring.
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Wall Street Falls Sharply on Latest Economic Data
Traders on the floor of the New York Stock Exchange on Feb. 28, 2007. Photo: AP
Wall Street Falls Sharply on Latest Economic Data
By JACK HEALY Published: November 19, 2008 Shares on Wall Street closed at their lowest levels in five years on Wednesday as hope dimmed in Washington for an emergency bailout of the auto industry.
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Why Bolivia Quit the U.S. War on Drugs
Bolivian President Evo Morales Don Emmert / AFP / Getty
Why Bolivia Quit the U.S. War on Drugs
By Jean Friedman-Rudovsky / La Paz Tuesday, Nov. 04, 2008
Some may see Bolivia’s decision last weekend to opt out of Washington’s war on drugs as the inevitable consequence of electing a President who was not only a leftist opponent of U.S. influence in the region but also a coca farmer himself. But President Evo Morales, elected in 2005, cast his decision on Saturday to suspend the activities of the U.S. Drug Enforcement Administration in his country as a matter of national security. ‘We have the obligation to defend the dignity and the sovereignty of the Bolivian people,’ said Morales. ‘There have been DEA agents who, carrying out espionage, financed rogue groups with the intention of taking the lives of [Bolivian government] officials, though not the President’s.’
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Bush officials moving fast to cut environmental protections
The awe-inspiring site of the Grand Canyon. (Photo courtesy Fort Worth Star-Telegram)
Bush officials moving fast to cut environmental protections
By Renee Schoof | McClatchy Newspapers WASHINGTON — In the next few weeks, the Bush administration is expected to relax environmental-protection rules on power plants near national parks, uranium mining near the Grand Canyon and more mountaintop-removal coal mining in Appalachia
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Venezuela to buy Russian tanks, armored vehicles
Russian-built T-72 Main Battle Tank of the type used by the Syrian Army Source: Finnish Tank Museum
Venezuela to buy Russian tanks, armored vehicles
Thursday October 16, 5:32 pm ET By Christopher Toothaker, Associated Press CARACAS, Venezuela (AP) — Venezuela plans on purchasing Russian-made T-72 battle tanks and armored reconnaissance vehicles as the nations’ increase military cooperation, a Venezuelan military commander said Thursday.
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After 30 years, EPA toughens lead-emissions standard
It was the first new rule on airborne lead in 30 years, and came in response to more than 6,000 scientific studies since 1990 that show that lead is dangerous to the human body at much lower levels than previously known. The EPA was under a court order to complete its review for a new lead standard.
After 30 years, EPA toughens lead-emissions standard
By Renee Schoof | McClatchy Newspapers WASHINGTON — The amount of lead that can be emitted into the air in the U.S. will be dramatically reduced under a new rule the Environmental Protection Agency announced on Thursday to protect the health of millions of Americans — especially children.
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