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United States Treasury Secretary Timothy Geithner has said he believes China is now committed to allowing the Yuan to go up in value. Mr Geithner made the comment in a TV interview before he held talks with China's Vice-Premier, Wang Qishan.
California voters have an overall positive opinion about immigrants and support those undocumented aliens who have been working in the state for years should be able to remain and go on with their lives.
US Treasury Secretary Timothy Geithner told Brazil’s Finance Minister Guido Mantega that the Obama administration won’t allow the US dollar to weaken, Mantega said.
Prices for the best farmland in Argentina’s breadbasket, the humid Pampa have risen on average 10% this year according to registered operations reports. This means the hectare of prime agriculture land in Argentina now costs almost the same as the average price of farmland in the state of Illinois, 14.000 US dollars.
The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan.
Treasury Secretary Timothy Geithner vowed that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health.
Surging capital inflows threaten Asia's economic stability, the World Bank warned after Treasury Secretary Timothy Geithner sought to draw the venom from a global row over currencies by vowing not to devalue the dollar.
US Federal Reserve Chairman Ben Bernanke has opened the way to a new round of quantitative easing. There would appear, all else being equal, to be a case for further action, he said, in a speech to the Boston regional Federal Reserve, Friday.
United States President Barack Obama's approval rating fell to a new low of 43% since he took office, down from 47% last month, according to a Reuters-Ipsos national poll. Ipsos pollsters say it appears that much of that drop comes from Democrats whose approval of Obama fell to 70% from 78% last month.
United States Treasury Secretary Timothy Geithner said he sees no risk of a global currency war and wants to maximize incentives for China to allow its Yuan to rise in value. He told the Charlie Rose Show in an interview that China would work against its basic development objectives if it kept its currency undervalued.