Monthly archive: June 2010
Politics Under questioning from Republicans on the Senate Judiciary Committee, Kagan also defended her decision to limit military recruiting at Harvard while she was dean of the law school. Kagan, 50, is solicitor general and a former aide in the Clinton administration. Republicans have questioned her lack of experience as a judge and portrayed her as an activist more interested in politics than law
Politics Senate confirmation appeared assured for General David Petraeus, who became one of the U.S. military’s biggest stars after helping turn around the war in Iraq
World Shares climbed in Europe and Asia, led by banks, after the U.S. Congress adopted a landmark financial regulation package on Friday, removing uncertainty, and the G20 dropped a 2012 deadline for more stringent risk-provisioning rules. “We welcome the fact that the G20 has stepped away from imposing an arbitrary timeline for the implementation of new measures and has instead agreed to phase-in requirements agreements as and when national economic conditions allow,” the International Banking Federation said in a statement.
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G20 countries to tame debt at their own pace
