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Geithner: need stimulus, not financial transactions tax

ST ANDREWS, Scotland (Reuters) - Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen... Full Article at Reuters

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  1. ST ANDREWS, Scotland (Reuters) - Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen... Full Article at ABC News

  2. U.S. Treasury Secretary Timothy Geithner said U.S. jobs figures out Friday showing unemployment at a 26-year high of 10.2 percent "reinforced that this is still a very tough economic environment." Full Article at The State

  3. Finance ministers from the world's 20 leading economies meeting in the Scottish golf resort of St. Andrews warned in a statement that it was not time to wind back the massive anti-crisis stimulus plans governments have rolled out to counter the... Full Article at Deutsche Welle

  4. ST. ANDREWS, Scotland The United States and Britain voiced disagreement Saturday over a proposal that would impose a new tax on financial transactions to support future bank rescues. Full Article at The New York Times

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  1. Fiji's Pio Tuwai, third from left, tries to stop Scotland's Andrew Turnbull, second from left, during the first day of the Dubai Rugby Sevens in Dubai, United Arab Emirates, Friday, Dec. 4, 2009.
  2. DUBAI, UNITED ARAB EMIRATES - DECEMBER 04:  Andrew Turnbull of Scotland is tackled by the Fiji defence during the IRB Sevens tournament at the Dubai Sevens Stadium on December 4, 2009 in Dubai, United Arab Emirates.
  3. GIRONA, SPAIN - DECEMBER 03:  Stephen Gallacher of Scotland in action during the final round of the European Tour Qualifying School Final Stage at the PGA Golf de Catalunya golf resort on December 3, 2009 in Girona, Spain.
  4. GIRONA, SPAIN - NOVEMBER 30:  Scott Drummond of Scotland in action during the third round of the European Tour Qualifying School Final Stage at the PGA Golf de Catalunya golf resort on November 30, 2009 in Girona, Spain.
  5. WASHINGTON - DECEMBER 03:  U.S. Treasury Secretary Timothy Geithner (2L) sits with journalists, including New York Times columnist and Nobel Prize-winning economist Paul Krugman (2R), during the closing session of the administration's Jobs and Economic Growth Forum in the Eisenhower Executive Off...
  6. U.S. Treasury Secretary Tim Geithner (2nd L) talks with attendees at the opening session of the Jobs and Economic Growth Forum at the White House in Washington December 3, 2009.
  7. WASHINGTON - DECEMBER 02:  Treasury Secretary Timothy Geithner testifies during a Senate Agriculture, Nutrition and Forestry Committee hearing on Capitol Hill on December 2, 2009 in Washington, DC. The committee is hearing testimony on the over-the-counter derivatives reform.
  8. WASHINGTON - NOVEMBER 30:  U.S. Treasury Secretary Timothy Geithner (R) greets Australian Prime Minister Kevin Rudd  outside the Treasury Building November 30, 2009 in Washington, DC. Rudd and Geithner met following the Prime Minister's meeting with U.S. President Barack Obama.
  9. WASHINGTON - NOVEMBER 18:  Treasury Secretary Timonthy Geithner hosts a small business forum in the Cash Room at the Treasury Department November 18, 2009 in Washington, DC.

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