Currency 'wars' dominate G20 summit
I always cringe when I read references to 'war' in the sports pages. It was a 'war on the pitch', a 'war on the court'. Now we have 'a war' in the financial pages of the newspapers and you can thank Brazil for that. By most accounts, it was recently the Brazilian finance ministry that first coined 'currency war' in relation to the monetary face-off between China and the US taking place at the G20 in Seoul. The 'currency war' term has stuck. Now Brazil is going to try to act as unofficial mediator between the two superpowers.
U.S. officials try to address air security worries - Video
DHS Secretary Janet Napolitano and Pistole met executives from the travel industry, including hotels and online sites, on Friday to talk about concerns the added security is crimping travel and hurting their businesses. "The meeting with Secretary Napolitano was informative but not entirely reassuring," said Geoff Freeman, an executive vice president with the U.S. Travel Association. "We understand the challenge DHS confronts but the question is where we draw the line." Pistole mentioned several forthcoming reforms for so-called trusted travelers, Freeman said. "Our country desperately needs a long-term vision for aviation security screening rather than an endless reaction to yesterday's threat," he said.
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