In order to spend more time with his familt, Tim Geithner (49), the United States Treasury Secretary, will be resigning the job after the looming debt ceiling issue is resolved.
GEITHNER MAY QUIT JOB AFTER DEBT CEILING ISSUE RESOLVED
Reply
Category Archives: US News
US BLAMES ISI FOR SHAHZAD KILLING
According to Obama’s administration officials, the killing of the Pakistani journalist who reported about the infiltration of militants in the Pakistan’s military was killed by Pakistan’s powerful spy agency.
Mortgage Losses of $14b sets aside by BoA
Bank of America (BoA) said today, it has reached an agreement to resolve nearly all of the claims regarding to legacy countrywide issued first-lien residential mortgage-backed securitization repurchase exposure representing 530 trusts with original balance of $US424b. Bank of America says it will set aside $US14b to settle claims for angry investors for losses on dodgy mortgaged-backed securities whose collapsed triggered the 2008 financial crisis.
Toddler man shot dead in Philadelphia
A shooting at a rural home in suburban Philadelphia killed a 2-year child and a young man from Massachusetts and critically wounded three others. A manhunt is underway for the shooters.
US wont leave Shamsi Air Base
Pakistani officials had demanded American personnel to abandon a military base used by the CIA to stage drone strikes against suspected militants. The United States rejected this demand. United Personnel have not left SHAMSI AIR BASE. Pakistani officials have frequently suggested it is being shuttered and comments that may be aimed at quieting domestic opposition to US military operations using Pakistani soil.
US presses on with executions despite inmates suffering
The United States continue to use an untested drug, pentobarbital, in their lethal injection cocktail for execution despite having evidence of painful deaths caused which is also a possible violation of the constitution ban on cruel and unusual punishment.
US – INDIA VOW TO DEEPEN ECONOMIC ENGAGEMENT
In order to fully capitalize on economic opportunities, USA and INDIA vowed to deepen bilateral and multilateral engagements.
EX US GOVERNOR GUILTY OF CORRUPTION
Former Illinois Gov. Rod Blagojevich was convicted on Monday on the ground of corruption charges against him related to his attempt to sell the US Senate seat held by Barack Obama before he resigned to become President.