Tag: United States

United States
Thursday, July 31st 2014 - 07:29 UTC

US imposes travel restriction on a number of Venezuelan officials

The US spokesperson said the restrictions were in response to “arbitrary detentions and excessive use of force” by Venezuelan officials

The United States is imposing travel restrictions on a number of Venezuelan officials. Washington did not specify how many people would be affected, but said those “who have been responsible for or complicit in human rights abuses” would not be “welcome” in the US.

Thursday, July 31st 2014 - 07:13 UTC

Fed further tapers bond-buying program but concerned with labor market

Chairperson Yellen, “indicators suggests that there remains significant ”underutilization of labor resources”

The Federal Reserve said on Wednesday that US growth in economic activity rebounded in the second quarter and labor market conditions improved, with the unemployment rate declining further. However, a range of labor market indicators suggests that there remains significant “underutilization of labor resources”.

Wednesday, July 30th 2014 - 07:23 UTC

IMF warning on interest rates and Russian crisis for some EU banks

If the US and UK tighten monetary policy sooner than expected, it could lead to higher borrowing costs worldwide, said IMF Christine Lagarde

Sharply higher interest rates around the world could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years, the International Monetary Fund said on Tuesday.

Monday, July 28th 2014 - 07:52 UTC

The New York Times calls for legalizing marihuana: “Repeal prohibition again”

The New York Times called for the legalization of marijuana, in a bold editorial comparing the federal ban on cannabis to Prohibition. The prestigious publication said pot laws disproportionately impact young black men and that addiction and dependence are “relatively minor problems” -- especially when compared with alcohol and tobacco.

Monday, July 28th 2014 - 07:11 UTC

Dutch government releases former Venezuelan general retained on DEA request

Dutch government releases former Venezuelan general retained on DEA request

The Dutch government released a former Venezuelan general who was detained on US drug charges when he arrived in Aruba to serve as his country's consul on the Dutch Caribbean island, sending him home Sunday night and defusing a diplomatic fight with its neighbor.

Saturday, July 26th 2014 - 06:04 UTC

Venezuelan general retained in Aruba to be extradited to the US

General Carbajal apparently belongs to the “Cartel of the Suns”, high-ranking military officers believed to have grown rich from drug-running

A judge in Aruba ruled Friday that the highest-ranking Venezuelan official ever arrested on a U.S. warrant will remain behind bars pending an extradition request on drug charges. Hugo Carvajal, a former head of Venezuelan military intelligence and close confidant of the late president Hugo Chavez, was arrested upon arriving at Aruba’s airport, officials said Thursday.

Friday, July 18th 2014 - 07:32 UTC

US confirms six Guantanamo prisoners will be transferred to Uruguay

The jail in Guantanamo still holds over 140 prisoners from the war on terrorism launched by former president George W. Bush

President Barack Obama's administration has discretely notified Congress of its intention to transfer to Uruguay six prisoners from the U.S. base in Guantanamo, Cuba, according to the State Department.

Wednesday, July 16th 2014 - 01:06 UTC

US economy recovering but “too many Americans remain unemployed”

“The recovery is not yet complete” Yellen told the semi-annual testimony before the Senate Banking Committee

The US economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for the foreseeable future, Federal Reserve Chair Janet Yellen told a Senate committee on Tuesday.

Monday, July 14th 2014 - 06:07 UTC

US consolidating as world's biggest oil and natural gas producer

Oil extraction is soaring at shale formations in Texas and North Dakota as companies apply fracking

The US will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs US economic recovery, Bank of America Corp. said in a report.

Friday, July 11th 2014 - 06:06 UTC

Majority of Uruguayans disapprove receiving US prisoners from Guantanamo military base

Mujica and Obama agreed that Uruguay would take six prisoners as refugees. However it all depends on the US Senate

A majority of the Uruguayan population does not approve receiving US prisoners from the US Guantanamo Base, a decision adopted by the government of President Jose Mujica to help support the US government in closing the 9/11 jail for terrorists, according to a public opinion poll released on Thursday.

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