Tag: United States

United States
Saturday, April 25th 2015 - 06:33 UTC

Oil price war may benefit both US Shale and Saudi Arabia

After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels; this could mean oil does not return to $100 a barrel until 2035

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s?

Friday, April 24th 2015 - 08:03 UTC

Nasdaq index beats its 2000 record, closing at an all time high of 5.056

The rise of Apple has been an important part of the Nasdaq's recovery. It launched the iPod in 2001 and the iPhone in 2007.

The United States tech-heavy Nasdaq index has closed at a record high, surpassing a level it last reached in 2000 at the height of the dot com bubble. The index gained 20.89 points to close at 5,056.06, besting the high of 5,048.62 it hit on 10 March 2000.

Tuesday, April 21st 2015 - 07:12 UTC

New York governor and a large business delegation land in Havana

Andrew Cuomo was welcomed at the José Martí International Airport by Josefina Vidal, head of the USA desk at the Cuban Foreign Ministry.

Governor of New York Andrew Cuomo arrived in the Cuban capital on Monday heading a large delegation of business people interested in learning firsthand the Cuban reality and making contacts for future business endeavors. Cuomo was welcomed at the José Martí International Airport by Josefina Vidal, head of the USA desk at the Cuban Foreign Ministry.

Monday, April 20th 2015 - 06:31 UTC

IMF warns “lower growth” becoming a relevant challenge over the medium term

The IMF meetings took place amid growing concerns about Greece, and risks of a stronger dollar and low commodity prices have hit emerging markets

The International Monetary Fund warned in a communiqué that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports.

Thursday, April 16th 2015 - 09:05 UTC

“Overfishing and overfished stocks at all times low” in US fisheries

“NOAA wants to let consumers know that the United States’ global leadership in responsible fisheries and sustainable seafood is paying off,” Sobeck said

The number of United States domestic fish stocks listed as overfished or subject to overfishing has dropped to an all-time low since 1997, when NOAA (National Oceanic and Atmospheric Administration) began tracking stock status, according to the 2014 Status of U.S. Fisheries report to Congress.

Wednesday, April 15th 2015 - 07:28 UTC

Cuba to be removed from terror sponsors' list, announced President Obama

Obama ordered a review of Cuba’s status in December, as he and Raul Castro agreed to move toward normal relations.(Pic EFE)

The White House announced on Tuesday that President Obama intends to remove Cuba from the US government's list of nations that sponsor terrorism, eliminating a major obstacle to the restoration of diplomatic relations after decades of hostilities. The decision to remove Cuba from the list represents a crucial step in Obama’s effort to turn the page on a Cold War-era dispute.

Monday, April 13th 2015 - 08:48 UTC

Hillary Clinton launches presidential bid as 'champion for regular US citizens”

“Everyday Americans need a champion. I want to be that champion,” Clinton said in a video released on the internet that announced her run.

Hillary Clinton has promised to be a champion for regular US citizens as she kicked off a long-awaited second run for the White House as the commanding Democratic front runner. Clinton, who lost a bruising Democratic nominating battle to Barack Obama in 2008, was expected to travel soon to Iowa, the state that holds the kickoff nominating contest in early 2016.

Sunday, April 12th 2015 - 10:55 UTC

Castro and Obama make history: 'we have agreed we can disagree with respect and civility'

Castro said Cuba was willing to discuss issues such as human rights and freedom of the press, maintaining that “everything can be on the table.”

President Barack Obama and Cuba's Raul Castro sat down together on Saturday in the first formal meeting of the two country's leaders in over a half-century, pledging to reach for the kind of peaceful relationship that has eluded their nations for generations.

Sunday, April 12th 2015 - 08:55 UTC

Obama praised the 'new beginning' in the bilateral relation with Cuba

The political “shift” represents as well an opportunity of more investments, more trade and cultural exchange for the Caribbean nation, said Obama.

United States President Barack Obama addressed American leaders in the meeting currently taking place in the City of Panama praising the diplomatic rapprochement between Washington and Cuba which he called “a new beginning” in the bilateral relation.

Sunday, April 12th 2015 - 08:46 UTC

Castro calls for a 'civilized relationship'; apologizes to Obama and condemns ten previous US presidents

“It’s about time I spoke in the Summit on behalf of Cuba,” Castro said, causing a loud cheer from state representatives inside the Atlapa Convention Center.

Cuban President Raul Castro was received with a standing ovation as he readied to address the VII Summit of the Americas, held in Panama City, in a historic presentation. The Caribbean leader stressed the importance of the rapprochement with the United States but questioned the US policy towards Venezuela.

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