US Treasury Secretary: “We need the ability to seize firms”

Wednesday, March 25, 2009 Treasury Department secretary Timothy Geithner and the Obama administration are pressuring Congress to allow the government to seize troubled financial institutions such as insurance companies and investment firms. Currently, banks are the only such entities that the government has authority to take over. Speaking before the House Financial Services Committee, Geithner […]

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Putin calls US troops in Poland ‘a threat’

Friday, January 13, 2017 Reports yesterday indicated Russian President Vladimir Putin views the arrival of US troops in Poland as “a threat”. Earlier this week around a quarter of 4,000 troops earmarked for Poland crossed into Poland from Germany. Also included were trucks, tanks, and Humvees. Many are set to be based in ?aga?, where […]

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Washington Metro collision kills nine, injures many

Tuesday, June 23, 2009 At least nine people have been reported killed in a serious collision incident between two metro trains in Washington, D.C., United States. The collision which occurred on the Red Line between Fort Totten and Takoma Park stations of the city’s Washington Metropolitan Area Transit Authority during the early evening (1700 local […]

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