Task Force News
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BP Plc, Transocean Ltd. and Halliburton Co., with billions of dollars on the line, are set to find out from a federal judge who among them is to blame for the April 20, 2010, explosion and sinking of the Deepwater Horizon oil rig in the Gulf of Mexico.
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The U.S. Nuclear Regulatory Commission moved closer to imposing tougher safeguards at the nation’s reactors, a year after a disaster in Japan that triggered radiation leaks from a crippled power plant.
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Afghanistan will start accepting investor offers next week to explore for at least 600 million barrels of crude oil in the western half of the Afghan-Tajik Basin, the country’s mining minister said.
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U.S. prime money-market mutual funds may face lower yields and fewer investment choices in the market for borrowing and lending securities if the Federal Reserve restricts collateral options, according to Fitch Ratings.
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Texas’s congressional primaries may be held May 29 after interim election maps delayed by a redistricting battle were approved by a panel of U.S. judges in San Antonio.
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Gold’s use to back the value of the dollar would be impractical and there is little scope for the metal to play a more formal role in the international monetary system, U.K. research institute Chatham House said.
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Oil drilling, long opposed by environmentalists worried about climate change, gained a friend among green groups that say old wells may offer a low-cost way to keep a gas linked to global warming out of the atmosphere.
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Ally Financial Inc., the largest U.S. auto lender, enlisted Cerberus Capital Management LP’s Lenard Tessler to help oversee turnaround efforts and salvage the government’s $17.2 billion investment, four people with knowledge of the matter said.
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Following is a statement released today by the group of euro-area finance ministers on the agreement on a second bailout for Greece.
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Russia will start to implement recommendations from the Financial Action Task Force on money laundering to expand probes on entities which are suspected of tax evasion to also include money laundering, Kommersant said without citing anyone. The Financial Action Task Force on Money Laundering is known as FATF, according to the newspaper.
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