Tag Archives: remaining

Iran frees British embassy worker, leaving 1 jailed

Iran has released a British embassy staffer, leaving one of the embassy’s local staff in jail, the Foreign Office in London said Monday. “We are confirming that one of our staff remains in detention,” a Foreign Office representative told CNN, declining to be named, in line with British government policy. “It remains our top priority to get all our staff freed.” A leading Iranian cleric said Friday that the remaining British embassy staffer could be tried for inciting unrest in the wake of Iran’s disputed June 12 presidential election

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Moussavi said to be planning new party after Iran vote

Iranian opposition leader Mir Hossein Moussavi plans to form a new political party aimed at reining in the power of the Islamic Republic’s leadership, a leading reformist newspaper reported Sunday. Moussavi told supporters the party will be focused on upholding “the remaining principles of the constitution,” according to Etemad-e Melli, a newspaper aligned with fellow opposition candidate Mehdi Karrubi. He is expected to file papers with Iran’s Interior Ministry to establish the party before hard-line incumbent Mahmoud Ahmadinejad is sworn in for a new term, the newspaper reported

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Democrats voice concerns on Obama’s Iraq drawdown plan

Top Democrats have expressed concern over President Obama’s plan to draw down nearly two-thirds of U.S. forces in Iraq by August 2010, while some key Republicans are offering praise. At issue: Obama plans to leave between 35,000 to 50,000 residual forces in the war-torn country, serving in a training or advisory role to the Iraqi military

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A Better Bank Fix: Cut Every Mortgage’s Principal

Treasury Secretary Timothy Geithner has unveiled a new plan to combat the financial crisis: convincing private financial institutions to buy up “toxic assets” with the government’s backing. While this is a step up from former Secretary Henry Paulson’s original bailout plan—in which the government itself would buy up the bad securities—it is still not the right approach. Instead, there is a better, cheaper, less risky, more direct way to improve banks’ balance sheets and restore confidence

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