Tag: United States

United States
Thursday, February 11th 2016 - 05:57 UTC

Fed warns about uncertainty in China and tightening financial markets

Yellen said there are good reasons to believe the US will stay on a path of moderate growth that will allow the Fed to pursue “gradual” adjustments to monetary policy.

Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the US economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen cautioned in a prepared testimony to Congress on Wednesday.

Wednesday, February 10th 2016 - 07:16 UTC

US Treasury's strong support message for Argentina's litigation with holdout funds

The statement said Lew “echoed Pollack’s strong hope that all creditors will be able to resolve their differences and reach Agreements in Principle with Argentina.”

The United States gave another sign of support for Argentina’s economic policies as US Treasury Secretary Jacob Lew spoke on the phone with Finance Minister Alfonso Prat-Gay, striking an optimistic tone regarding the settlement offer made to the holdout funds in New York.

Wednesday, February 10th 2016 - 07:10 UTC

Three letters from Macri to Ban Ki-moon; possible summit with Obama in New York

In one of the letters president Macri confirms he will be at the United Nations on 22 April for the signature of the Paris agreement on climate change.

Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.

Thursday, February 4th 2016 - 07:59 UTC

Santos at the White House will ask for help to implement Colombia's peace accord

“Part of the conversation with President Obama is how can they help us in the post-conflict,” Colombian president Santos told a BBC interview.

Colombia's President Juan Manuel Santos has said he will ask President Obama to help implement a peace accord that his government expects to sign with the Farc rebel group next month. The two presidents will meet at the White House on Thursday.

Thursday, February 4th 2016 - 07:29 UTC

“Attacks on Islam are attacks on all religions” says Obama at Maryland mosque

“We have to understand that an attack on one faith is an attack on all our faiths,” Obama said at the mosque in Catonsville, Maryland, outside Baltimore.

President Barack Obama visited an American mosque on Wednesday and declared that attacks on Islam were an attack on all religions, in an effort to counter rhetoric from Donald Trump and other Republican presidential candidates that has alienated Muslims.

Wednesday, February 3rd 2016 - 06:32 UTC

US reports first known case of Zika virus transmission through sex

Dallas County Health and Human Services said it received confirmation of the case in Dallas from the US Centers for Disease Control and Prevention.

The first known case of Zika virus transmission in the United States was reported in Texas on Tuesday by local health officials, who said it likely was contracted through sex and not a mosquito bite, a day after the World Health Organization declared an international public health emergency.

Tuesday, February 2nd 2016 - 06:12 UTC

Iowa surprise: Senator Ted Cruz beats Donald Trump: “I'm honored by second place”

“Tonight is a victory for courageous conservatives,” Ted Cruz declared, to great applause, as he railed against Washington, lobbyists and the media.

Texas Senator Ted Cruz has won the Iowa Republican caucuses, the first vote of the US 2016 presidential election. He took 28% of the Republican vote, beating his rival, the once frontrunner Donald Trump, and Marco Rubio.

Saturday, January 30th 2016 - 12:31 UTC

US growth slows down sharply to 0.7% annually in the fourth quarter

GDP increased at a 0.7% annual rate, the Commerce Department said as lower oil prices continued to undermine investment by energy firms

As anticipated by the Federal Reserve's report earlier this week, US economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong dollar and tepid global demand weighed on exports.

Friday, January 29th 2016 - 04:40 UTC

US economy in a bubble, says Trump, ”I hope they pop before I become president'

“It's a very daunting task, and we're in deep trouble. The country's a mess,” Trump told ABC's “Good Morning America” program.

Republican presidential candidate Donald Trump said the United States economy is in a bubble he fears will burst and he does not want to deal with a financial collapse if he is elected to the White House.

Thursday, January 28th 2016 - 06:41 UTC

Fed leaves rate unchanged and is “closely monitoring global economic and financial developments”

“The committee is closely monitoring global economic and financial developments and is assessing their implications for the labour market and inflation,” it said.

The United States Federal Reserve said it was “closely monitoring” global economic conditions, but would not raise interest rates in a decision widely expected by most analysts. The central bank said US economic growth had slowed as exports fell because of the strengthening dollar.

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