Tag: United StatesUnited States
The US economy added 175,000 new jobs in February, but the unemployment rate rose slightly to 6.7%. The jobs figures, from the US Labor Department, were better than many had been expecting and marked a rebound from two weak months.
The United States has named several Caribbean Community (CARICOM) countries as major money laundering states whose financial institutions engage in currency transactions involving significant amounts of proceeds from international narcotics trafficking.
The United States ordered three Venezuelan diplomats to leave in reprisal for President Nicolas Maduro's expulsion of three US embassy staff accused of fomenting unrest that has killed at least 13 people.
US President Barack Obama joined the Mexican and Canadian leaders Wednesday for a North American summit focused on trade but marked by friction between the three amigos. Mexican President Enrique Peña Nieto shook hands with Obama in an ornate state government palace in Toluca, near Mexico City, for private one-on-one talks before Prime Minister Stephen Harper joined them later.
The US Federal Reserve adopted tight new rules for foreign banks to shield the US taxpayer from costly bailouts, ceding only minor concessions despite pressure from abroad to weaken the rule.
Venezuelan President Nicolás Maduro said Sunday he was expelling three U.S. consular officials, accusing them of conspiring with the opposition forces to foment unrest as violent protests ran into a fifth straight night. The expulsions come after two weeks of sporadic protests against across the country.
The Obama administration made it easier for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging US states that are experimenting with legalization of the drug. The Justice and Treasury departments were in the process of outlining the policy in writing to federal prosecutors and financial institutions.
The US Senate has sent to the president a bill to raise the country's borrowing limit for another year, ending a series of political standoffs over the issue. The chamber passed the bill on a 55-43 party line vote a day after it narrowly passed the House of Representatives.
Federal Reserve Chair Janet Yellen said on Tuesday the US central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was far from complete.
Argentine foreign minister Hector Timerman called US senators Marco Rubio and Robert Menendez “extremists”, who don't represent the will of the Senate, the US government or the US people.