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.

Read the original:
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 > >

Read the original:
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.

See the article here:
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.

See the original post:
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.

Originally posted here:
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 > >

See the original post here:
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.

Here is the original post:
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.

See the rest here:
Cheap DVD VAT loophole to close

Works in communications at the Treasury Department.

See the original post here:
Another Cain Accuser Revealed

The Bank of England needs a “radical shake-up” to prevent future financial crises, according to the Treasury select committee.

Originally posted here:
MPs seek Bank of England shake-up

The UK could make available up to £40bn to underwrite IMF’s loans to help the global economy, Treasury Chief Secretary Danny Alexander says.

Read more:
UK ‘could give £40bn to the IMF’

The Treasury should pay the £5.5m bill which councils face for altering parking meters to accept new coins, the Local Government Association has said.

Excerpt from:
Treasury ‘should foot coin bill’

The Commerce Department revoked a $80.6 million grant to bring broadband Internet connections to Louisiana, saying that the state fell behind schedule and changed its original plan for the stimulus funds . The vast majority of funds will be returned to the U.S. Treasury, except for $594,000 that has been delivered to the state already, according to the Commerce Department’s National Telecommunications and Information Administration. Read full article > >

Read more from the original source:
Commerce Department revokes $80M Internet stimulus grant

New rules on banks are making it more difficult for them to lend, according to the chairman of the UK’s Treasury Committee

Continued here:
Warning over risk to bank lending

The recent dedication of the Dr. Martin Luther King Jr . monument offered a splendid tribute, crowned by President Barack Obama linking his presidency to the martyred human rights leader. The centerpiece of the monument on the National Mall is a towering 30 foot statue of Dr. King carved out of stone. It is a grandiose salute to a man who–without an army, weapons or a national treasury–commanded a war so unlike that of Presidents George Washington and Abraham Lincoln who are enshrined in memorials nearby. Read full article > >

The rest is here:
Coretta Scott King, Martin Luther King’s other half