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This is the VOA Special English Economics Report. This week American Treasury Secretary Tim Geithner announced details of a plan aimed at removing billions of dollars in bad debts from American banks. The government program has two parts. One involve
Amphibious aircraft AG600 rolls off a production line in Zhuhai, south China's Guangdong Province, July 23, 2016. [Photo: Xinhua] The world's largest amphibious aircraft, the China-made AG600, is set for its maiden voyages over land in May and on wat
Broadcast: Jan 30 2003 John Snow, the railroad executive tapped by President Bush to succeed another industrialist as U.S. treasury secretary, says the economy can sustain large budget deficits in the
In an effort to deal comprehensively with a severe financial crisis on Wall Street, the Bush administration Friday is proposing the creation of a government agency to deal with the bad loans of U.S.-based financial institutions. The plan could cost
By Scott Stearns White House 23 January 2008 U.S. Treasury Secretary Henry Paulson met with congressional leaders Wednesday for talks on a stimulus package for the U.S. economy. VOA White House Correspondent Scott Stearns has the story. Secretary Pau
U.S. Treasury Secretary Henry Paulson says Americans should not fear China's growing economic clout, but rather see it as an opportunity that can benefit both China and the United States, if the two countries forge a successful strategic economic re
U.S. Treasury Secretary Henry Paulson has defended his handling of the $700 billion financial bailout package. Paulson spoke Thursday at the Ronald Reagan Presidential Library in Simi Valley, California, and Mike O'Sullivan reports, he called for ca
U.S. Treasury Secretary Timothy Geithner has defended the Obama administration's program to rescue financially troubled banks. Secretary Geithner spoke before a congressional panel overseeing the massive bailout. Treasury Secretary Timothy Geithner
Chinese President Talks with US Treasury Chief China and the United States have vowed to continue working together to advance their partnership. The remarks were made during a meeting between the Chinese President Xi Jinping and U.S. Treasury Secreta
We hope to reinforce Hong Kong's role as a springboard. With our new policies and their related services, we can better exert Hong Kong's role as China's financial and capital raising market to help Chinese businesses as they enter overseas markets.
US Treasury Sec, Greenspan Paint Positive Picture of US Economy Barry Wood Treasury Secretary John Snow says the U.S. economy is on a strong growth path. Mr. Snow told a Washington gathering that an e
WASHINGTON, May 27 (Xinhua) -- The U.S. Treasury Department(财政部 ) said in a report released on Friday that China was not manipulating its currency. In China, since the authorities decided in June 2010 to allow the exchange rate to appreciate in
The U.S. economy is healing from a deep and prolonged recession, according to U.S. Treasury Secretary Timothy Geithner. Geithner struck an upbeat note on America's economic prospects, but also stressed the need to confront pressing risks to the natio
By Barry Wood Washington 14 February 2008 In a rare joint appearance before a congressional committee Thursday, the U.S. treasury secretary and the head of the central bank said the U.S. economy has weakened but will probably avoid recession. VOA's B
By Lisa Bryant Paris 17 September 2007 U.S. Treasury Secretary Henry Paulson sounded an upbeat note on the world economy Monday, despite the recent turmoil roiling the markets. Paulson's remarks came during a trip to Paris. Lisa Bryant has more from
WASHINGTON, Aug. 6 (Xinhua) -- The U.S. Treasury said on Monday that it expected to receive 5.75 billion U.S. dollars from the latest sale of the American International Group (AIG) stock, 750 million dollars more than initially estimated, as the unde
WASHINGTON, Feb. 19 (Xinhua) -- U.S. Treasury Secretary Timothy Geithner on Sunday threw U.S. support behind the latest Greek economic reform package and said the United States would encourage the International Monetary Fund (IMF) to back this agreem
After months of partisan gridlock, both houses of the U.S. Congress have approved a bill to raise the federal borrowing limit and cut government spending. Tuesdays 74 - 26 Senate vote came one day after the bill passed in the House of Representatives
WASHINGTON, Feb. 28 (Xinhua) -- In a ceremony hosted by President Barack Obama at the White House on Thursday, Jacob Lew was sworn into office as the 76th U.S. Treasury Secretary, the Treasury Department said. The oath of office was administered by V
U.S. Treasury Secretary to stay through debt talks: White House WASHINGTON, Nov. 9 (Xinhua) -- U.S. Treasury Secretary Timothy Geithner intended to stay until early next year to help U.S. President Barack Obama ink a deal with Republicans during the