Big powers pledge “concrete steps” toward nuclear disarmament

Foreign Policy May 5, 2010 The world’s five original nuclear states — Britain, China, France, Russia and the United States — on Wednesday reaffirmed their commitment to “take concrete and credible steps towards irreversible disarmament” of their nuclear arsenals and to take “concrete steps” to establish the a nuclear-weapons free zone In the Middle East. […]

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Mr. Barnier Goes to Washington

The Wall Street Journal May 5, 2010 As the European Parliament votes next week on proposed hedge fund legislation that worries U.S. Treasury Secretary Timothy Geithner, Michel Barnier, the European commissioner responsible for financial market regulation will be in New York and Washington. more

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European Criticizes U.S. Raters of Credit

The New York Times May 5, 2010 BRUSSELS — The European Union’s financial services commissioner, Michel Barnier, vented his frustration with American-based credit ratings agencies Wednesday as Moody’s Investors Service put Portugal on review for another possible downgrade that could make it more difficult for the country to service its debt. more

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