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China makes good on flexibility vow as yuan falls

SHANGHAI (Reuters) - China pulled back the veil on its new currency regime a little further on Tuesday, appearing to engineer a fall in the yuan to make clear its vow of flexibility did not include one-way bets for appreciation. ..

Reuters: Top News
Publication date 2010-06-22 10:24:10 · 

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U.S. indirectly funding Afghan warlords: House report

WASHINGTON (Reuters) - The United States is indirectly paying tens of millions of dollars in protection money to Afghan warlords, and potentially to the Taliban, to secure convoys carrying supplies to U.S. troops in Afghanistan, congressional investigators said in a report. ..

Reuters: Top News
Publication date 2010-06-22 10:11:34 · 

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Nebraska town latest to fight illegal immigrants

KANSAS CITY, Mo (Reuters) - Voters in a small Nebraska town on Monday added to an anti-immigration sentiment sweeping parts of the United States, voting to ban the hiring or renting of property to illegal immigrants. ..

Reuters: Top News
Publication date 2010-06-22 08:35:25 · 

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Aides to U.S. general in Afghanistan slam Obama: report

WASHINGTON (Reuters) -The top U.S. general in Afghanistan apologized on Monday for comments by his aides insulting some of President Barack Obamas closest advisers in an article to be published on Friday in Rolling Stone magazine. ..

Reuters: Top News
Publication date 2010-06-22 07:23:29 · 

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White House budget chief Orszag to step down

WASHINGTON (Reuters) - White House Budget Director Peter Orszag plans to leave his job in a few weeks, making him the first senior member of President Barack Obamas economic team to step down, Democratic sources said on Monday. ..

Reuters: Top News
Publication date 2010-06-22 07:19:49 · 

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White House budget chief Orszag to step down: report

WASHINGTON (Reuters) - White House Budget Director Peter Orszag plans to step down from his job in July, making him the first senior member of President Barack Obamas economic team to leave, the New York Times reported on Monday. ..

Reuters: Top News
Publication date 2010-06-22 06:39:21 · 

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China loosens reins further on yuan ahead of G20

SYDNEY (Reuters) - Chinas yuan jumped on Tuesday to its highest level since the currency was revalued in 2005 as the central bank signaled it would tolerate yet further gains to make good on its vow for more foreign exchange flexibility. ..

Reuters: Top News
Publication date 2010-06-22 06:28:23 · 

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China carrying market hopes at yuan fixing

SYDNEY (Reuters) - Asian markets waited with bated breath Tuesday to see how far Beijing would go in allowing its currency to strengthen, a litmus test of just how flexible the Chinese authorities are prepared to be to meet U.S. demands. ..

Reuters: Top News
Publication date 2010-06-22 04:46:40 · 

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Oil firms challenge deepwater drilling ban

NEW ORLEANS/LAFITTE, Louisiana (Reuters) - Oil services companies went to court on Monday seeking to overturn President Barack Obamas six-month ban on deepwater drilling in the Gulf of Mexico after the worst oil spill in U.S. history. ..

Reuters: Top News
Publication date 2010-06-22 02:39:50 · 

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Times Square bomber pleads guilty

NEW YORK (Reuters) - A Pakistani-born American citizen defiantly pleaded guilty on Monday to attempting to set off a car bomb in New Yorks Times Square, saying that Islamist extremists would continue to attack the United States. ..

Reuters: Top News
Publication date 2010-06-22 01:56:01 · 

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