Newsflash


Iraqi officials say they expect the Bush administration to respond to Iraq's proposed amendments to a draft security pact after Tuesday's U.S. presidential election.

U.S. and Iraqi officials have been trying since May to finalize a deal that would allow U.S. troops to remain in Iraq after a U.N. mandate expires at the end of December.

Iraq is proposing changes to a draft agreement to give Baghdad more authority over U.S. troops and guarantee that Iraqi territory will not be used to attack other countries.

In violence Sunday, a bomb killed two Iraqi children as they played in the northern city of Kirkuk, while another bomb in the capital Baghdad killed a policeman.

Elsewhere, the U.S. military says its troops killed two suspected al-Qaida militants during an operation Saturday in the northern Iraqi town of Tal Afar.

The military also says it detained 11 suspected al-Qaida members in operations across Iraq on Saturday and Sunday. Separately, the U.S. military says its troops captured six suspected Iranian-backed militants Sunday in the southern Iraqi town of Nasiriyah.



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Home arrow Blog arrow Geithner: Enough money for now for bank bailout
Geithner: Enough money for now for bank bailout PDF Print E-mail
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Monday, 23 March 2009

WASHINGTON, March 23 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Monday it may take more money to handle a bailout of stressed banks but there is enough available for now to keep the process going.

"We put in the budget a reserve fund to recognize the reality that it may be that we need more resources to do this," he said a forum sponsored by The Wall Street Journal.

"But we have significant resources authorized to us and we're going to move forward to use those now and we want to make sure we have the capacity, working with Congress over time, to make sure that we have sufficient resources to do this right," he added. (Reporting by Glenn Somerville; editing by Leslie Adler)



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