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Treasury hires M Stanley bankers to offload Citi stake
The US Treasury expects to sell its 27 per cent in stake in Citigroup before the end of the year in an “orderly and measured fashion”, as it tries to turn a profit from one of the most high-profile government investments of the financial crisis
SEC launches ‘Repo 105’ probe
US regulators asked more than 20 financial groups whether they engaged in transactions along the lines of ‘Repo 105’ – an accounting device that helped Lehman Brothers conceal its high leverage ratio during the financial crisis
Senators form bipartisan climate bill
Three senior US lawmakers are piecing together a sweeping bipartisan energy and climate bill, which looks set to include sweeteners to galvanise support among Republicans and industry groups.
US militants charged in plot to kill police
Nine members of a radical Christian militia group in the US Midwest were charged with plotting to kill law enforcement officials
US consumers boost hopes for robust recovery
US consumer spending picked up for the fifth month running in February, lifting hopes that consumers could add momentum to the economic recovery
Google says China services partially blocked
Google has confirmed that China is blocking its mobile internet services on the mainland, in the first concrete sign that Beijing is stepping up pressure after the search engine last week ended its compliance with Chinese censors a week ago
Opinion: Blaming China will not solve America’s problem
From Google to the renminbi, China is being blamed for all that ails the US. Unfortunately, this reflects a potentially lethal combination of political scapegoating and bad economics, writes Stephen Roach
Washington urged to back South Africa loan
The World Bank has pressed Washington to support a $3.75bn loan that would allow South Africa to build a coal-fired power station
Washington’s tricky debate over renminbi
Congress heads into the Easter recess this week with healthcare reform largely out of the way. But when it returns it will have to face the issue of China’s fixed exchange rate against the US dollar
Obama makes first visit to Afghanistan
US president intends to push the government of Hamid Karzai to crack down on corruption and drug trafficking
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