Submerged in 40-ft.-deep tanks of blue, boron-infused water, nearly 50,000 tons of spent nuclear fuel are stored near the 104 nuclear reactors in the U.S. Industry officials say it is perfectly safe to keep there.
After 16 hours of debate, Argentina’s Senate passed a controversial reform law Saturday that critics say targets media outlets critical of the government. The 44-24 vote is a victory for Argentine President Cristina Fernandez de Kirchner, who had pushed to change the way the media operates in the South American nation after her party suffered devastating political losses earlier this year.
It’s just before noon on a Tuesday, and despite the rain, a few dozen schoolgirls in white uniforms and navy cardigans are milling about the 7-Eleven on Tong Chong Gai, a bustling Hong Kong side street of restaurants and cafs. A few of the teenagers grab chocolate milk and sushi rolls from the open chiller
The terrain of the financial world has changed since the collapse of Lehman Brothers. It’s been one year since the U.S
Villagers march more than 300 kilometers from northwest Cambodia to ask the prime minister to save their homes from developers. Some 400 families in the country’s south learn their farmland had been given to developers only when bulldozers arrive
The expletive-laden rant Treasury Secretary Tim Geithner unleashed during a closed meeting with regulators on Friday, July 31, has players in Washington and on Wall Street wondering one thing: What got the usually mild-mannered Geithner so incensed? Establishing a new regulatory framework for the financial markets is not the kind of politically charged, life-or-death issue that should drive a normally discreet Cabinet member to go on a blue streak in front of dozens of officials. But Geithner and the Obama Administration have more at stake in getting reform pushed through Congress by the end of the year than it may seem.
HSBC on Monday announced a 62 percent slide in annual pre-tax profits to $9.3 billion, delivering a further blow for the beleaguered UK banking industry.