Time magazine used for its next issue an image covered by a regular citizen and aspiring photographer named Devin Allen where police force can be seen chasing a young black man. It would be a dated image if it weren´t for the validity that it recovered these past few months- and days- in the US.
The US economy all but stagnated in the first three months of the year, growing at an annual rate of just 0.2%, official figures show. The growth figure was far lower than expectations, which had forecast growth would be about 1%. Harsh winter weather for a second year dampened consumer spending, while energy companies struggling with low oil prices cut investment.
The US Federal Reserve has kept its target interest rate at a record low at the end of a two-day policy meeting in Washington, DC. The US central bank has indicated it will raise rates soon, as long as the US economy continued to grow, but the timing of the increase remains uncertain.
The state of New York is to turn off non-essential lights in state-run buildings to help birds navigate their migratory routes in spring and autumn. Migrating birds are believed to use stars to navigate but they can be disorientated by electric lights, causing them to crash into buildings.
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?
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.
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.
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.
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.
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.