Geithner says global bank tax unlikely at G20 talks
Treasury Secretary Geithner says major economies disagree on a bank tax to fund future bailouts but see narrowing gaps in broader financial reform. He notes focus in Busan on capital standards, transparency, and derivatives rules ahead of June G20 and Toronto summit meetings.
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Geithner
South Korea
Busan
Barack Obama
Toronto
China
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United States
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Senate
Obama
European Nations
Canada
Australia
New Mexico uranium plant opens with 308 jobs
Dignitaries opened a 3 billion uranium enrichment plant in Eunice, the first major US licensed facility in three decades. The project aims to supply up to 25 percent of US nuclear fuel initially, with plans to double capacity. The site expects 308 full time positions and over 1,000 construction jobs.
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Eunice
New Mexico
United States
Louisiana Energy Services
Jeff Bingaman
D-N.m
Bill Richardson
Emanuel Subpoenaed to Testify in Blagojevich Trial
White House chief of staff Rahm Emanuel and adviser Valerie Jarrett were subpoenaed to testify as the Blagojevich corruption trial moves toward jury selection. The former governor is accused of trying to sell Barack Obama’s Senate seat and has pleaded not guilty.
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Rod Blagojevich
White House
Rahm Emanuel
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