U.S. President Barack Obama is asking Congress to allow him to merge the country’s sprawling foreign trade and commerce agencies to speed the government’s transactions with businesses and consumers. The U.S. leader said Friday in a White House speech that lawmakers should give him the power to reshape and shrink federal agencies to his liking, […]
Obama Calls for Merging Trade, Commerce Agencies
Posted January 13th, 2012 at 12:00 pm (UTC-5)
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Obama Calls for Merging Trade, Commerce Agencies
Posted January 13th, 2012 at 10:55 am (UTC-5)
U.S. President Barack Obama is set to ask Congress to allow him to merge the country’s sprawling foreign trade and commerce agencies to speed the government’s transactions with businesses and consumers. A senior government official told news agencies Friday that Mr. Obama would lay out his plans in a White House speech. The official said […]
China, Allies in Talks for “Super-Sovereign” Credit Agency
Posted September 6th, 2011 at 1:20 am (UTC-5)
A Chinese credit rating agency says it is in talks with its counterparts around the world to establish what it calls a “super-sovereign” credit rating agency. The chief executive of Dagong Global Credit Ratings tells the state-controlled China Daily the new agency hopes to challenge the three major U.S.-based credit agencies, which together control 95 […]
New Zealand News Service to Shut its Doors
Posted August 30th, 2011 at 7:05 am (UTC-5)
New Zealand’s national news agency is preparing to end operations Wednesday after 131 years of service, falling victim to changing technology and media consolidation. Founded in 1880, the New Zealand Press Association grew into a news gathering powerhouse by its centennial. During its peak years — the 1980s and 90s — it employed dozens of […]
Brazilian Elected Head of UN Food Agency
Posted June 26th, 2011 at 11:20 am (UTC-5)
A Brazilian professor has been elected the new head of the U.N. Food and Agriculture Organization. Jose Graziano da Silva won on the second ballot during voting Sunday at the agency’s headquarters in Rome , beating out Spain’s former foreign minister Miguel Angel Moratinos. Graziano is taking over the FAO at a time of high […]
Former NSA Employee Pleads Guilty in Leak Case
Posted June 10th, 2011 at 1:30 pm (UTC-5)
A former U.S. spy agency employee has pleaded guilty to unauthorized access of a government computer, as part of a plea agreement over a leak of classified documents. Thomas Drake faces up to a year in prison and a $100,000 fine for the misdemeanor offense. As part of the deal, the government said it will […]
