Tag: Barack Obama

US and Russia ‘near’ new nuclear arms treaty

Posted by – 14/03/2010

[via bbc.co.uk]

The Start treaty led to huge reductions in the Russian and US nuclear arsenals.

Russia and the US have both said it should soon be possible to conclude a new nuclear disarmament treaty.

Officials in Moscow and Washington said US President Barack Obama and Russian President Dmitry Medvedev had a “good conversation” reviewing negotiations.

The two countries are trying to replace the 1991 Strategic Arms Reduction Treaty, which expired last December.

The US says it has more than 2,000 nuclear weapons, while Russia is believed to have nearly 3,000.

Federal Reserve Seeks to Protect U.S. Bailout Secrets

Posted by – 14/01/2010

Jan. 11 (Bloomberg) — The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.

The Federal Reserve

The U.S. Court of Appeals in Manhattan will decide whether the Fed must release records of the unprecedented $2 trillion U.S. loan program launched after the 2008 collapse of Lehman Brothers Holdings Inc. In August, a federal judge ordered that the information be released, responding to a request by Bloomberg LP, the parent of Bloomberg News.