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U.S. keeps open option of tapping oil reserve

WASHINGTON (Reuters) - The Obama administration is weighing the circumstances that could warrant tapping the nation's strategic oil reserve, aware that supply disruptions from Iran could harm the global economy, Treasury Secretary Timothy Geithner said on Friday.

 

Clinton: U.S. ready to reset relations with Pakistan

The Obama administration is “ready to get back to business” with Pakistan after a three-month freeze in relations, Secretary of State Hillary Rodham Clinton told her Pakistani counterpart here Thursday.

 

Web passwords a thing of the past?

To minimize identity theft, the Obama administration is urging Internet companies to agree upon and adopt a standard, reliable identity-verification system that people can use for any website. Each person would choose one company, perhaps their e-mail service provider, to handle credentials for sensitive personal or financial information on other sites.

 

Jindal revives attack on Obama over oil spill recovery

Speaking before an audience of Republican activists Saturday, Louisiana Gov. Bobby Jindal blasted the Obama administration over its response to the 2010 BP oil spill in the gulf, saying Obama officials “wasted precious time while that oil was coming in to our coast.”

 

Obama: 10 states to receive No Child Left Behind waivers

The Obama administration will free 10 states from the requirements of No Child Left Behind, responding to complaints from teachers and school administrators across the country that the nation’s main education law is outdated and punitive.

 

In Manufacturing, a Plan to Lure Jobs Back to America

Manufacturing

Rising wages in developing countries and other factors have made keeping workers in the United States a much more viable option, the Obama administration argues.

 

Official: White House to nix US-Canada pipeline

A senior Obama administration official says the White House will reject a Canadian company's plan to build an oil pipeline from Canada to Texas.

 

US Calls Ahmadinejad's Visit To Latin America "Desperate"

Iran & Latin America

The Obama administration said Friday that Iranian President Mahmoud Ahmadinejad's upcoming visit to four Latin American countries is is a sign of desperation as the country becomes politically isolated due to sanctions and warned Latin American leaders against expanding ties with Iran.

 

U.S., Saudi Arabia strike $30 billion arms deal

F-15 Fighter Jet

The Obama administration on Thursday announced an arms deal with Saudi Arabia valued at nearly $30 billion, an agreement that will send 84 F-15 fighter jets and assorted weaponry to the kingdom.

 

EPA issues strong limits on mercury emissions from smokestacks

The Obama administration on Wednesday announced a tough new rule to limit emissions of mercury, arsenic and other toxic substances from sources such as power plants, a landmark measure that could prevent up to 11,000 premature deaths annually, according to the Environmental Protection Agency.

 

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