Tag: United States

United States
Wednesday, October 29th 2014 - 06:35 UTC

Obama congratulates Dilma and underlines 'strategic value' of relation with Brazil

“The President emphasized the strategic value of our bilateral partnership and reinforced his commitment to deepening our cooperation”

President Barack Obama on Tuesday telephoned Brazilian head of state Dilma Rousseff to congratulate her on her re-election, the White House said in a statement. Obama “emphasized the strategic value of our bilateral partnership and reinforced his commitment to deepening our cooperation in areas such as commerce, energy, and other priority bilateral issues through our existing strategic dialogues”.

Sunday, October 19th 2014 - 07:27 UTC

Yellen warns about the rich-poor gap in the US, at a near 100-year high

The Fed chief said that wide wealth disparities can make it harder for the poor to move up the income ladder

Federal Reserve chief Janet Yellen warned Friday that the gap between the rich and poor in the United States is widening and has reached a near 100-year high. In a speech at a conference on inequality in Boston, the Fed chair did not mention monetary policy nor the current turmoil in financial markets. Instead, she focused on the widening wealth disparity and how that impacts economic opportunity.

Monday, October 13th 2014 - 07:10 UTC

Racial tension erupts in St Louis as heavy handed police arrest demonstrators

The fatal shooting of an African American teenager by an off-duty cop last Wednesday has inflamed tensions

Riot-gear clad police arrested at least 17 people on Sunday after they refused orders to disperse from a spontaneous sit-in outside a convenience store in St. Louis during a weekend of otherwise peaceful protests against police violence.

Monday, October 13th 2014 - 07:04 UTC

Head of Pentagon underlines military partnership of the US with Chile

Hagel is on a three-countries six-day visit to South America and on Monday will attend the Americas Defense ministers conference in Peru

US Defense Secretary Chuck Hagel met with government leaders in the Chilean capital of Santiago on Sunday to discuss deepening the U.S. military partnership with Chile.

Thursday, October 9th 2014 - 07:17 UTC

“Easy money” will be around for some time still, say Fed's minutes

Fed chair Yellen has sought to reassure markets that any rate rise will be data dependent: when US economic growth and employment improve substantially

US markets rose sharply after minutes from the September meeting of the Federal Reserve were released. The transcript indicated that US central bankers were wary of raising rates too soon. Officials were worried markets were too focused on a rate rise happening during a specific period of time.

Monday, October 6th 2014 - 07:07 UTC

EU and US advance in trade talks but high barriers remain

The chief US negotiator Dan Mullaney said the ultimate goal is to “create opportunities for job creating trade and investment”.

Officials from the United States and the European Union say they have made progress as they seek to sweep away trade barriers. Teams from the two sides have held a week of discussions in Chevy Chase, Maryland. If successful an agreement would create the world's biggest free trade zone.

Saturday, October 4th 2014 - 10:06 UTC

US unemployment falls to 5.9%, the lowest since July 2008

US markets cheered the news, with the Dow Jones Industrial Average rising over 100 points.

The US unemployment rate dipped to 5.9% in September, a six-year low, official figure has shown. The rate fell from 6.1% in August and is the lowest recorded since July 2008. US Labor Department also said that employers added 248,000 jobs last month, and the job growth figures for August and July were revised upwards.

Thursday, October 2nd 2014 - 06:59 UTC

Head of Mormons in Argentina kidnapped and robbed in Buenos Aires

The incident took place last Friday and apparently motivated the US embassy warning about crime in Argentina, blasted by Cristina Fernandez

The head of the Mormon Argentina Buenos Aires West Mission, US citizen David Paul Robertson, was kidnapped, robbed, and finally released by armed men that attacked him while he was driving in Ciudadela, in Greater Buenos Aires.

Thursday, October 2nd 2014 - 06:03 UTC

Kissinger wanted to smash Cuba in 1976 for its intervention in Angola

“I think we are going to have to smash Castro,” Kissinger told Mr Ford in a White House meeting in February 1976. “I agree”, President Ford said. (Pic AP)

US Secretary of State Henry Kissinger drew up plans to “smash Cuba” with air strikes nearly 40 years ago, government papers obtained by researchers show. He was angered by Cuba's 1976 military intervention in Angola and was considering retaliation if Cuban forces were deployed elsewhere in Africa.

Wednesday, October 1st 2014 - 08:09 UTC

US calls on Argentina “to normalize relations with all bondholders”

“By making this deposit, Argentina confirms once again its unshakeable commitment to meet its obligations to bondholders” said the Argentine ministry

While the US State Department again called Tuesday on Argentina 'to normalize relations with all its bondholders’, the government of President Cristina Fernandez deposited a 161 million dollars bond interest payment with a newly appointed local trustee on Tuesday, defying a U.S. judge who held Argentina in contempt of court on Monday for taking illegal steps to meet its debt obligations.

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