The Treasury is criticised for the way it monitors government spending and manages risk, in an MPs’ report.

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Accounts ‘expose Treasury flaws’

The UK Treasury announces plans to make London the leading international centre for trading the Chinese currency, the yuan.

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London planning yuan trading hub

The leaders of the Federal Reserve went around the room saluting Alan Greenspan during his last major meeting as chairman of the central bank Jan. 31, 2006. Then Timothy F. Geithner, at the time the president of the Federal Reserve Bank of New York and now Treasury secretary, made a prediction. Read full article > >

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Greenspan image tarnished by newly released documents

TOKYO — Japan on Thursday agreed to cut its dependence on Iranian oil, bolstering the U.S.-led effort to choke off funding for Iran’s nuclear development program. The Japanese pledge, given during a visit here from Treasury Secretary Timothy F. Geithner, stood in contrast with resistance earlier this week from China , whose officials say that Iran’s uranium program and its energy sales shouldn’t be linked. Read full article > >

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Japan agrees to reduce oil imports from Iran

The successful sale of six-month Treasury bills appeared to reflect the impact of a new austerity package in Italy, as well as an infusion of liquidity into euro zone banks last week.

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Italy’s Borrowing Costs Drop Sharply at Auction

The chief secretary to the Treasury will update MPs on public sector pension negotiations, after broad agreements were reached with some unions.

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MPs to hear pensions row update

Tens of millions of dollars in diamond profits are said to be bypassing the treasury of Zimbabwe and ending up with President Robert Mugabe and his supporters.

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Experts Say Zimbabwe Diamonds Help Mugabe’s Political Machine

At some point in 2012, President Obama and his GOP opponent will formally declare whether they plan to take public funding for their general-election campaigns. If House Republicans get their way, there won’t be a choice to make. This week, the House will vote on a bill sponsored by Rep. Gregg Harper (R-Miss.) that would abolish the Presidential Election Campaign Fund and the Presidential Primary Matching Payment Account. Any money left over in those funds would be sent to the U.S. Treasury to help chip away at the deficit. Read full article > >

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As White House candidates abandon public funding, Republicans look to end system

Cash from under-spent budgets could be used on capital projects, says the chief secretary to the Treasury, suggesting infrastructure schemes could benefit.

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Cash ‘moved to capital projects’

For President Obama, Treasury Secretary Timothy F. Geithner has been the indispensable economic adviser who has outlasted every other member of the original inner circle.

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Spotlight Fixed on Timothy Geithner, a Man Obama Fought to Keep

US Treasury Secretary Timothy Geithner urges Asia-Pacific countries to increase efforts to restore growth to the global economy.

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Geithner urges action from Asia

The Internal Revenue Service was prepared for and adequately responded to the February 2010 plane crash at its Austin offices that killed one worker, according to a new watchdog report. Among other things, the report by the Treasury inspector general for tax administration (TIGTA) said the IRS properly protected its workers, secured taxpayer data after the crash and quickly resumed business operations at the site. Read full article > >

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Report: IRS Austin plane crash handled appropriately

The Treasury says it is removing a tax loophole that allows Channel Islands-based firms to ship goods VAT-free to the UK.

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Cheap DVD VAT loophole to close

The Treasury says it is removing a tax loophole that allows Channel Islands-based firms to ship goods VAT-free to the UK.

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Cheap DVD VAT loophole to close

Works in communications at the Treasury Department.

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Another Cain Accuser Revealed