us treasury

US imposes sanctions on Hezbollah leaders


September 14th, 2012 - 12:28 am ICT by IANS
Washington, Sep 13 (IANS) The US Thursday slapped fresh sanctions on three leaders of Lebanese militant group Hezbollah for their alleged role in aiding the Syrian government in its crackdown ... Read more...

Posted in Politics |

US Treasury to receive $5.75 bn from AIG stock sale


August 7th, 2012 - 1:36 pm ICT by IANS
Washington, Aug 7 (IANS) The US Treasury has said that it expected to receive $5.75 billion from the latest sale of the American International Group (AIG) stock, $750 million more ... Read more...

Posted in Business |

Iran questions upcoming n-talks ‘with no agenda’


June 7th, 2012 - 9:22 am ICT by IANS
Moscow, June 7 (IANS/RIA Novosti) Iran has said the EU's failure to arrange experts' meeting for drafting an agenda about the nuclear talks has created an atmosphere of doubt and ... Read more...

Posted in World |

US business groups to protest tax law changes in India


April 19th, 2012 - 12:03 pm ICT by IANS
Washington, April 19 (IANS) A dozen US business groups have asked US Treasury Secretary Timothy Geithner to raise their concerns with New Delhi that some proposed changes in Indian ... Read more...

Posted in Business |

Have balance between financial innovation, stability: US


March 6th, 2012 - 12:46 pm ICT by IANS
Washington, March 6 (IANS) Financial sector regulators should push forward reforms to reduce risk and improve transparency, while preserving the best features of markets and the competitiveness of financial institutions, ... Read more...

Posted in Business |

AIG reports fourth quarter profits


February 24th, 2012 - 2:10 pm ICT by IANS
New York, Feb 24 (IANS) American International Group (AIG) has reported a net income of $19.8 billion in the fourth quarter of 2011, gaining about 77 percent year-on-year thanks to ... Read more...

Posted in Business |

US President wants cheaper pennies and nickels


February 16th, 2012 - 8:22 pm ICT by Aishwarya Bhatt
Los Angeles, Feb 16 (THAINDIAN NEWS) US President Barack Obama is seeking the permission to mint cheaper pennies and nickels. The President has petitioned US lawmakers to give him the permission to ... Read more...

Posted in Politics |

Reliance raises $1 billion through overseas bond issue


February 10th, 2012 - 6:56 pm ICT by IANS
Mumbai, Feb 10 (IANS) Mukesh Ambani-led Reliance Industries Friday said its subsidiary, Reliance Holding USA, has issued bonds worth $1 billion to be used as capital expenditure."We are delighted to ... Read more...

Posted in Business |

US urges Seoul to join anti-Iran sanction


January 17th, 2012 - 12:01 pm ICT by IANS
Seoul, Jan 17 (IANS) The US has urged South Korea to join a US-led campaign to punish Iran over its controversial nuclear programme by reducing oil imports from the oil-rich ... Read more...

Posted in Uncategorized |

Europe has resources to tackle crisis: US official


October 26th, 2011 - 1:48 pm ICT by IANS
Washington, Oct 26 (IANS) The financial crisis in Europe presents the most serious risk to global recovery, but the European nations have the resources to cope with it, ... Read more...

Posted in Business |

S&P;’s rating downgrade wrong decision: US official


August 7th, 2011 - 2:24 pm ICT by IANS
Washington, Aug 7 (IANS) Global rating agency Standard and Poor's (S&P;) made a hasty and wrong decision of stripping the US of its top-notch credit rating, a senior US Treasury ... Read more...

Posted in Business |

US loses AAA credit rating, terms it ‘a facts-be-damned decision’ (Lead)


August 6th, 2011 - 8:46 pm ICT by IANS
Washington, Aug 6 (IANS) Sending shock waves through America, credit rating agency Standard & Poor's has downgraded its top notch credit rating, stripping the world's largest economy of its prized ... Read more...

Posted in Business |

US calls S&P; downgrade ‘a facts-be-damned decision’


August 6th, 2011 - 8:21 pm ICT by IANS
Washington, Aug 6 (IANS) As Standard & Poor's move to downgrade the credit rating of the US sent shock waves through America, Obama administration officials called it "a facts-be-damned decision," ... Read more...

Posted in Business |

US Treasury Under Secretary highlights growing US-India economic partnership


March 4th, 2011 - 7:40 pm ICT by ANI
New Delhi, Mar 4(ANI): U.S. Under Secretary of Treasury for International Affairs Lael Brainard on Friday delivered a keynote address here at the Institute of International Finance's (IIF) spring membership meeting, ... Read more...

Posted in National |

Panama Canal Documentary Shown On TV


January 25th, 2011 - 8:34 pm ICT by GD
By Ranjan Bhaduri Jan 25, (THAINDIAN NEWS) On Monday an installment of "The American Experience'' named "Panama Canal" was aired on WEAO-TV 49 and WVIZ-TV 25. The documentary takes the viewers back ... Read more...

Posted in World News |

Pandit’s Citigroup reports first profitable year


January 18th, 2011 - 11:22 pm ICT by IANS
By Arun Kumar Washington, Jan 18 (IANS) Citigroup Inc led by Indian American chief executive Vikram Pandit reported $10.6 billion earnings in 2010, marking the first profitable year since he took charge of ... Read more...

Posted in Business |

Social Security Payments Going Paperless, Says US Treasury


December 22nd, 2010 - 9:04 pm ICT by GD
By Ranjan Bhaduri Dec 22, (THAINDIAN NEWS) In a latest move the US government has decided to go paperless as far as social security is concerned. The residents of USA who would now ... Read more...

Posted in Business |

US slaps sanctions on LeT, JeM


November 5th, 2010 - 11:20 am ICT by IANS
By Arun Kumar Washington, Nov 5 (IANS) On the eve of US President Barack Obama's visit to India, the US treasury has slapped sanctions on the financial and support networks of Pakistan-based ... Read more...

Posted in World |

US denies linking investment ties to Bhopal disaster


August 19th, 2010 - 8:35 pm ICT by IANS
By Arun Kumar Washington, Aug 19 (IANS) The United States has denied reports that it was trying to link the Bhopal gas tragedy with India-US investment ties by suggesting a "lot of noise" ... Read more...

Posted in World |

No change in India’s stand on Dow Chemicals: Official


August 18th, 2010 - 9:16 pm ICT by IANS
New Delhi, Aug 18 (IANS) A top Indian official Wednesday said there was no change in the government's stand to follow the due legal process on the Bhopal Gas disaster, including ... Read more...

Posted in Business |

China won’t dump US Treasuries or pile into gold


July 8th, 2010 - 2:10 pm ICT by ANI
New Delhi, July 8 (ANI): The State Administration of Foreign Exchange (SAFE) in China has ruled out the option of dumping its US Treasury securities holdings, worth 2.45 trillion dollars, and called ... Read more...

Posted in World |

US government moves closer to sale of Citigroup shares


April 26th, 2010 - 11:56 pm ICT by IANS
Washington, April 26 (DPA) The US government moved one step closer Monday to selling its 27-percent stake in bailed-out financial giant Citigroup, saying it would soon offer 1.5 billion shares to ... Read more...

Posted in Business |

US Treasury to sell shares in Citigroup


March 30th, 2010 - 12:43 am ICT by IANS
Washington, March 29 (DPA) The US government will sell its 27-percent stake in bailed-out financial giant Citigroup over the course of 2010, the Treasury Department announced Monday. It marks the latest move ... Read more...

Posted in Business |

G7 pledges to keep stimulus going, despite debt woes


February 7th, 2010 - 3:34 am ICT by IANS
Washington/Iqaluit (Canada), Feb 7 (DPA) Finance ministers of the world's seven leading industrial nations, meeting in a remote part of northern Canada Saturday, promised to keep up stimulus spending to bolster the ... Read more...

Posted in Business |

Scientists use nanomaterials to grow ‘flying carpets’ and ‘nano kites’


July 30th, 2009 - 3:26 pm ICT by ANI
Washington, July 30 (ANI): Scientists at Rice University are using nanomaterials to grow 'flying carpets' and 'nano kites'.Led by Rice University chemist Bob Hauge, the team describes a method for making "odako," ... Read more...

Posted in Health Science |

Cyber attacks on US, S. Korea could have originated from UK: Experts


July 15th, 2009 - 3:10 pm ICT by ANI
San Francisco, July 15 (ANI): The recent cyber attacks against South Korean and American websites could have originated from Britain, and not North Korea, experts have said.According to security researchers in Vietnam, ... Read more...

Posted in World |

New start for GM as it exits bankruptcy


July 11th, 2009 - 1:06 am ICT by IANS
New York, July 10 (DPA) Troubled US carmaker General Motors was given a new lease of life Friday, exiting a 40-day bankruptcy process. GM signed the deal that would transfer its best assets ... Read more...

Posted in Business |

GM close to bankruptcy exit, sale to government


July 10th, 2009 - 4:01 am ICT by IANS
New York, July 10 (DPA) US carmaker General Motors could exit bankruptcy in record time and come under the control of the US government by the end of this week, as ... Read more...

Posted in Business |

US freezes assets of LeT operatives linked with Mumbai attacks


July 2nd, 2009 - 3:01 pm ICT by ANI
Washington, July 2 (ANI): The United States has decided to freeze the assets of three Lashkar-e-Toiba (LeT) commanders, who were supposedly behind the November 2008 Mumbai carnage.Sanctions would also be imposed ... Read more...

Posted in South Asia |

GM back from the brink of bankruptcy


May 29th, 2009 - 4:09 am ICT by John Le Fevre
Giant US motor vehicle company General Motors looks like it will stave off bankruptcy after striking a deal with the federal government and bondholders.Less than 24-hours after bondholders rejected an offer ... Read more...

Posted in Business |

Search for unredeemed bonds at treasuryhunt.gov


May 27th, 2009 - 8:38 pm ICT by GD
In today's time of economic recession and market downturn, people are trying to cut down on their expenditures.Anything that is not necessary or vital is normally deleted from the 'to-do' list, so ... Read more...

Posted in Business |

GM in last-ditch talks to avoid bankruptcy as deadline looms (Lead)


May 23rd, 2009 - 4:54 pm ICT by IANS
Chicago, May 23 (Xinhua) General Motors (GM) has reached a tentative labour agreement with the United Auto Workers (UAW) union in a bid to remove one of the major obstacles in its ... Read more...

Posted in Business |

Wall Street drops on economic recovery concern


May 22nd, 2009 - 5:15 am ICT by IANS
New York, May 22 (Xinhua) The Wall Street closed lower Thursday as investors worried that the economy might not recover as quickly as expected. Investors grew nervous after the credit ratings agency ... Read more...

Posted in Business |

Pandit vows to turn Citi around, repay government


April 22nd, 2009 - 11:33 am ICT by IANS
By Arun Kumar Washington, April 22 (IANS) Citigroup's Indian American CEO Vikram Pandit survived an angry annual shareholder meeting as he pledged to complete efforts aimed at turning around the embattled bank and ... Read more...

Posted in Business |

US launches mortgage plan to stem housing crisis


March 5th, 2009 - 3:34 am ICT by IANS
Washington, March 5 (DPA) The US launched an effort Wednesday to help homeowners pay off their mortgages, hoping to stabilize a housing crisis that lies at the centre of the country's deep ... Read more...

Posted in World |

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