Posts Tagged ‘U.S.’

A medical marijuana law in the state of Montana is being used for large-scale drug trafficking, federal prosecutors said, days after the U.S. government raided facilities across the state. The raids on Monday capped an 18-month investigation of marijuana trafficking statewide, the U.S. Attorney for Montana, Michael Cotter, said in a statement.

The mission was simple. Some 20 U.S. soldiers were to patrol a riverbed in the dead of night, camp until morning, and provide backup to Afghan troops and their Canadian mentors in a clearing operation in Chahar Bagh village, an insurgent hotbed on the outskirts of Kandahar City.

Even putting aside the spectacular but hard-to-measure risks of a financing crisis or the loss of its special status, the dollar faces really serious headwinds from boring old fundamentals.

North Korea has no friends to protect it from international efforts to end its nuclear programme, US Secretary of State Hillary Clinton has said. At an Asian regional forum in Thailand she said there was widespread agreement that North Korea could not be allowed to maintain nuclear weapons. North Korea’s envoy at the meeting said [...]

TEHRAN – Newly re-elected President Mahmoud Ahmadinejad said on Thursday his next government “would bring down the global arrogance,” signaling a tougher approach by Tehran toward the West after last month’s disputed election.

NEW YORK – Staring at the video lottery terminal at New York’s Yonkers Raceway, Diane sighed as $300 was reduced to $20 in less than a minute. “I don’t want my son to know; that’s all the money I had,” she said.

WASHINGTON – President Barack Obama nominated an Alabama country doctor who has three times resurrected her clinic in a fishing village after disasters to be U.S. surgeon general on Monday and help him advocate for healthcare reform. Dr. Regina Benjamin promised to advocate for Obama’s healthcare agenda as “America’s doctor” if she gets the job [...]

CHICAGO – China and the United States are kicking up a trade war over chicken in which Beijing effectively has given the boot to millions of dollars worth of U.S. chicken, about half of which is chicken feet. This action comes as Congress begins deliberating the 2010 federal budget for agriculture, which could extend a [...]

L’AQUILA, Italy – U.S. President Barack Obama warned Iran on Friday the world will not wait indefinitely for it to end its nuclear defiance, saying Tehran had until September to comply or else face consequences. Obama, speaking at the end of a G8 summit in Italy, said leaders had sent a message condemning the “appalling” [...]

WASHINGTON – The U.S. Treasury Department allowed 11 smaller banks to repurchase stock warrants at only 66 percent of their market value, passing up about $10 million of taxpayer profits from government bailouts, a U.S. watchdog panel said on Friday. In a new monthly report, the Congressional Oversight Panel said the government could lose $2.7 [...]