MercoPress http://en.mercopress.com/ South Atlantic News Agency en Copyright 2012, MercoPress. http://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Obama/banks mortgage-deal to rescue US doomed and struggling homeowners]]> Turning the page on an era of recklessness, said the US President (Photo AP) President Barack Obama administration and top US mortgage lenders unveiled a landmark 25 billion dollars deal Thursday to help struggling homeowners get back on their feet and to reignite the moribund housing market.

]]> Thu, 09 Feb 2012 23:43:00 GMT <![CDATA[US diplomacy reiterates Falklands/Malvinas sovereignty is a bilateral issue]]> The Assistant Secretary for the Western Hemisphere Roberta Jacobson was expected Wednesday in Buenos Aires The US Acting Assistant Secretary for Western Hemisphere Affairs, Roberta Jacobson, ratified the Obama administration’s standing on the Falklands/Malvinas sovereignty issue, which urges Argentina and the United Kingdom to find a diplomatic exit to the matter.

]]> Wed, 08 Feb 2012 22:14:00 GMT <![CDATA[Top US official for Latinamerica scheduled to visit Peru and Argentina]]> Roberta Jacobson will promote Obama’s program to increase US/Latam studies exchange US Acting Assistant Secretary of State for Western Hemisphere Affairs Roberta S. Jacobson travels this week to Peru and Argentina to meet with government, business, and civil society members in these key regional partners.

]]> Mon, 06 Feb 2012 10:44:00 GMT <![CDATA[PM Cameron meets Obama in March ahead of the Falklands conflict anniversary]]> Cameron and Obama will highlight the UK/US “special relationship” British Prime Minister David Cameron and US President Barack Obama will meet in Washington next month, three weeks before the 30 anniversary of the beginning of the Falklands conflict.

]]> Sat, 04 Feb 2012 05:37:00 GMT <![CDATA[New York State sues three top leading US banks on mortgage database abuse]]> Attorney General Eric Schneiderman said the use of restricted database led to improper foreclosures Bank of America Corp., Wells Fargo & Co and JP Morgan Chase & Co were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.

]]> Sat, 04 Feb 2012 05:28:00 GMT <![CDATA[US economy creating jobs at fastest pace in months: unemployment drops to 8.3%]]> Transport and warehousing reported increased payrolls in January The US economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3%, indicating last quarter's growth carried into early 2012.

]]> Fri, 03 Feb 2012 18:33:00 GMT <![CDATA[Bernanke warns US government debt relative to GDP is “clearly unsustainable”]]> The Fed chief admits recovery but “frustratingly slow” The growth of US government debt relative to GDP is "clearly unsustainable", Federal Reserve Chairman Ben Bernanke said in a congressional testimony.

]]> Fri, 03 Feb 2012 18:31:00 GMT <![CDATA[Obama administration unveils “Buffett rule” to tax all millionaires a minimum 30%]]> Billionaire Buffett wants the US rich to pay their “fair share” of taxes The US administration of President Barack Obama formally unveiled on Wednesday the “Buffett rule”, legislation to ensure that all millionaires would pay a minimum federal tax of 30%.

]]> Thu, 02 Feb 2012 05:36:00 GMT <![CDATA[US plans to wind down combat operations in Afghanistan by mid 2013]]> Leon Panetta said the US hoped to switch to a role training and supporting Afghan forces The US will seek to wind down combat operations in Afghanistan during 2013, more than a year before a deadline for withdrawal, the defence secretary says. Speaking while travelling to a Nato summit, Leon Panetta said the US hoped to switch to a role training and supporting Afghan forces.

]]> Thu, 02 Feb 2012 05:21:00 GMT <![CDATA[Violent clashes and massive arrests in California; big battle expected Monday in Washington DC]]> Protesting ‘extremists’ use stones, sticks and metal bars to clash with the Oakland police In the best Latin American or European tradition more than 400 anti-Wall Street protesters were arrested in Oakland during a night of violent skirmishes in which police fired tear gas and bean bag projectiles, the city said on Sunday, marking one of the biggest mass arrests since nationwide economic protests began last year.

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