Tag: United StatesUnited States
Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the US economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen cautioned in a prepared testimony to Congress on Wednesday.
The United States gave another sign of support for Argentina’s economic policies as US Treasury Secretary Jacob Lew spoke on the phone with Finance Minister Alfonso Prat-Gay, striking an optimistic tone regarding the settlement offer made to the holdout funds in New York.
Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.
Colombia's President Juan Manuel Santos has said he will ask President Obama to help implement a peace accord that his government expects to sign with the Farc rebel group next month. The two presidents will meet at the White House on Thursday.
President Barack Obama visited an American mosque on Wednesday and declared that attacks on Islam were an attack on all religions, in an effort to counter rhetoric from Donald Trump and other Republican presidential candidates that has alienated Muslims.
The first known case of Zika virus transmission in the United States was reported in Texas on Tuesday by local health officials, who said it likely was contracted through sex and not a mosquito bite, a day after the World Health Organization declared an international public health emergency.
Texas Senator Ted Cruz has won the Iowa Republican caucuses, the first vote of the US 2016 presidential election. He took 28% of the Republican vote, beating his rival, the once frontrunner Donald Trump, and Marco Rubio.
As anticipated by the Federal Reserve's report earlier this week, US economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong dollar and tepid global demand weighed on exports.
Republican presidential candidate Donald Trump said the United States economy is in a bubble he fears will burst and he does not want to deal with a financial collapse if he is elected to the White House.
The United States Federal Reserve said it was closely monitoring global economic conditions, but would not raise interest rates in a decision widely expected by most analysts. The central bank said US economic growth had slowed as exports fell because of the strengthening dollar.