Tag: United States

United States
Tuesday, May 22nd 2012 - 18:39 UTC

US and Japan leading economic recovery but still fragile says latest OECD report

OECD chief economist Pier Carlo Padoan also anticipates strong growth in emerging economies

The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the Euro zone fails to contain its flaring growth crisis, the OECD said on Tuesday.

Wednesday, May 16th 2012 - 01:15 UTC

Colombia/US free trade agreement expected to create 100.000 jobs per year

President Santos described the FTA as an enormous opportunity for Colombian production

The long-delayed free-trade deal between Colombia and the United States came into force on Tuesday, a step that should boost the country’s exports and foreign investment, President Juan Manuel Santos said.

Sunday, May 13th 2012 - 09:10 UTC

Argentina doesn’t want to start a trade war

Bailing out General Motors and Chrysler, is it not a form of protectionism?

By Jorge Argüello (*) - What defines a protectionist country nowadays? Is it when a developing country takes precautions against a flood of products with plummeting prices due to an international crisis? Or, is it when an export powerhouse delivers large subsidies exclusively for domestic production? In a world economy like today’s can protectionism be measured solely by Customs measures or those targeting imports?

Friday, May 11th 2012 - 23:46 UTC

President Mujica is welcome at the White House whenever he wishes, says US ambassador

Ambassador Reynoso with Foreign minister Luis Almagro

United States ambassador Julissa Reynoso said Uruguayan president Jose Mujica is welcome to the White House whenever he wishes, and revealed that Uruguay is in the short list of countries that soon could be exempted from requiring a visa to travel to the US.

Thursday, May 10th 2012 - 19:43 UTC

US April jobless figure drops to lowest since July 2008; unemployment, 8.1%

But companies added a meagre 115.000 new jobs in April

The number of Americans submitting new applications for jobless benefits edged down last week, easing concerns the labour market was deteriorating after April's weak employment growth.

Monday, May 7th 2012 - 04:24 UTC

Obama launches re-election bid; attacks Romney for promising “to cut taxes for the rich”

The US president says his multi millionaire adversary does not know much about the average American

President Barack Obama plunged into his campaign for a new term and tore into rival Mitt Romney on Saturday for being willing and eager to “rubber stamp” a conservative Republican congressional agenda to cut taxes for the rich while slashing spending on programs that benefit an embattled middle class.

Thursday, May 3rd 2012 - 07:39 UTC

US and EU concerned with “investment climate” following Bolivia’s seizure of Spanish power company

Spanish minister Luis de Guindos criticised the move but said Bolivia had guaranteed compensation

Bolivian President Evo Morales Government’s decision to nationalize the main power transport company that was in hands of Red Eléctrica Española (REE) generated claims from Spain, while United States and the European Union showed their “concern.”

Thursday, May 3rd 2012 - 06:57 UTC

Remittances from Mexicans abroad climbed 5.3% in first quarter over a year ago

Millions of Mexicans work in the US

Remittances from Mexicans living abroad climbed 5.3% in the first quarter compared with the same period in 2011, Mexico’s central bank said on Wednesday.

Wednesday, May 2nd 2012 - 04:51 UTC

Occupy Wall Street protestors celebrate May Workers Day through out the US

In small groups protestors clashed with baton-carrying police in several cities

Occupy Wall Street protesters gathered outside banks, meditated in public parks and staged anti-corporate song-and-dance routines on Tuesday in a May Day bid around the United States to revive a movement that triggered nationwide protests last year against economic injustice.

Thursday, April 26th 2012 - 05:45 UTC

Fed prepared to inject more funds to help lower unemployment

Bernanke: we remain entirely prepared to take additional actions

Chairman Ben Bernanke on Wednesday said US monetary policy was “more or less in the right place” even though the central bank would not hesitate to launch another round of bond purchases if the economy were to weaken.

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