Posts Tagged ‘billion’

House passes $662 billion defense bill (AP)

Sen. John McCain, R-Ariz., ranking Republican on the Senate Armed Services, left, speaks during a news conference on Capitol Hill in Washington, Wednesday, Dec. 14, 2011, to announce an effort to replace the defense sequester mandated as a result of the Supercommittee's failure. From left are, McCain, Senate Minority Whip Jon Kyl of Ariz., and Senate Armed Services Committee members, Sen. Kelly Ayotte, R-N.H., and Sen. Lindsey Graham, R-S.C.   (AP Photo/J. Scott Applewhite)AP – The House has passed a $662 billion defense bill after the White House dropped a veto threat over provisions on handling terrorist suspects.


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Senate approves $662 billion defense bill (AP)

Senate Majority Leader Harry Reid of Nev.,  center, accompanied by, from left, Sen. Patty Murray, D-Wash., Senate Majority Whip Richard Durbin of Ill., and Sen. Charles Schumer, D-N.Y., speaks to reporters about extending the payroll tax cut, Thursday, Dec. 1, 2011, on Capitol Hill in Washington. (AP Photo/Charles Dharapak)AP – Ignoring a presidential veto threat, the Democratic-controlled Senate on Thursday overwhelmingly approved a massive, $662 billion defense bill that would require the military to hold suspected terrorists linked to al-Qaida or its affiliates, even those captured on U.S. soil, and detain some indefinitely.


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Greece gets $10.7 billion but rescue plan stalls (AP)

Greek Finance Minister Evangelos Venizelos, left, shakes hands with Italian Prime Minister and Finance Minister Mario Monti during a round table meeting of the eurogroup at the EU Council building in Brussels on Tuesday, Nov. 29, 2011. The 17 finance ministers of countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami. (AP Photo/Virginia Mayo)AP – Eurozone ministers sent Greece an euro8 billion ($10.7 billion) Christmas rescue package Tuesday to stem an immediate cash crisis yet failed to resolve fears that the common euro currency might be doomed.


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Eurozone ministers OK $10.7 billion Greek loan (AP)

Greek Finance Minister Evangelos Venizelos, left, shakes hands with Italian Prime Minister and Finance Minister Mario Monti during a round table meeting of the eurogroup at the EU Council building in Brussels on Tuesday, Nov. 29, 2011. The 17 finance ministers of countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami. (AP Photo/Virginia Mayo)AP – Eurozone ministers threw a lifeline to Greece on Tuesday as they scrambled to prevent financial chaos from spreading further and driving Europe’s common euro currency into a catastrophic breakup.


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Apple’s $81.5 billion bank account is bigger than U.S. government’s

Apple revealed it has a staggering $81.5 billion in cash in the bank, the Daily Mail reports. That’s more than more money than even the U.S. government has, documents show.

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Official: EU banks have to raise $140 billion (AP)

CAPTION CORRECTION, CORRECTS SURNAME FROM JUNCKER TO TRICHET - Greek Finance Minister Evangelos Venizelos, left, speaks with ECB President Jean-Claude Trichet during a meeting of EU finance ministers at the EU Council building in Brussels on Saturday, Oct. 22, 2011. Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo)AP – EU finance ministers neared agreement Saturday on forcing banks to raise just over euro100 billion ($140 billion) to ensure they have enough cushion to weather further losses on their Greek bonds as well as market turmoil, a European official said.


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Challenges loom as world population hits 7 billion (AP)

In this Oct. 5, 2011 photo, a newborn baby boy is weighed on a scale at a government hospital in Mumbai, India. Already the second most populous country with 1.2 billion people, India is expected to overtake China around 2030 when its population soars to an estimated 1.6 billion. (AP Photo/Rajanish Kakade)AP – She’s a 40-year-old mother of eight, with a ninth child due soon. The family homestead in a Burundi village is too small to provide enough food, and three of the children have quit school for lack of money to pay required fees.


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