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Drones over U.S. may pose security risks
WASHINGTON, Dec. 21 (UPI) -- A Chinese mining giant, Northwest Non-Ferrous International Co., said it would not buy a gold mine in Nevada to sidestep a regulatory showdown.
The Treasury Department was prepared to recommend President Barack Obama veto the deal, for national security issues, The New York Times said Monday.
Meeting with executives of the Firstgold mine, federal officials called attention to the mine's proximity to the Fallon Naval Air Station. In addition, "sensitive and classified security and military assets that can not be identified," may have been compromised with Chinese ownership of a nearby mine, officials said in a report describing the meeting.
Firstgold Chief Executive Officer Terry Lynch said the decision to back away from a purchase was "disappointing."
"It means the whole deal is over. It won't go to the president, because there is nothing to send to him for approval," he said.
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WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
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STERLING, Va., Feb. 10 (UPI) --
The U.S. subsidiary of Britain's Chemring Group PLC is supplying the Italian army with ground-penetrating radar to counter improvised explosive devices.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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