Tag: United StatesUnited States
Global equity markets surged and the dollar rose against the Yen after stronger-than-expected US jobs data gave investors confidence the economy is strong enough to withstand an expected reduction in Federal Reserve stimulus.
United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.
Argentina's cabinet chief on Monday hit back at the United States reacting to comments from the White House on the Argentine central bank reserves saying he was worried about the US and UK debt levels, the US debt reaches over 100% of GDP.
The United States pledged support for ally Japan in a growing dispute with China over islands in the East China Sea and senior US administration officials accused Beijing of behavior that had unsettled its neighbors.
President John F Kennedy was murdered by a CIA conspiracy including groups linked to the anti-Castro and Sicilian mafias because he was 'weak' with Cuba, claimed Venezuelan president Nicolas Maduro who remembered events of 50 years ago in Dallas.
The US Federal Reserve officials said they plan to begin trimming the central bank's stimulus efforts in the coming months. They believe that the US recovery is strengthening, according to minutes their October meeting.
The United States Senate Banking Committee approved on Thursday Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote. If she is confirmed, as is widely expected, the current No. 2 at the central bank will replace its chairman, Ben Bernanke, when his term expires on January 31, making her the most powerful woman in world finance.
The Organization for Economic Cooperation and Development, OECD, cut its forecast for global economic growth through next year and warned that fiscal and monetary policy decisions looming in the U.S. could derail the recovery. OECD said world economic output would expand 2.7% this year and 3.6% in 2014, down from May's forecast of 3.1% and 4%.
US consumer prices fell 0.1% in October as petrol prices dropped, the US Labor Department has said. Petrol prices fell 2.9%, the biggest drop since April. The cost of new cars, clothes and healthcare also fell. The decrease meant that annual inflation in the 12 months to October was just 1%.
A week of trade talks in Brussels have taken the European Union and the United States a little closer to a deal to liberalize bilateral trade. EU officials say the trade relationship with the US is already the biggest in the world, worth more than 2bn Euros a day, but barriers remain, and removing them could make it even bigger. If it happens, the agreement would be huge, capable of changing the shape of global trade.