United States

United States
Tuesday, August 23rd 2016 - 09:03 UTC

Fed vice-president optimistic about US economy employment and inflation targets

“We are close to our targets,” Fischer said on Sunday, adding that jobs growth had been “remarkably resilient”. However he did not mention interest rates

The Federal Reserve is close to hitting its targets for US employment and 2% inflation, according to the central bank's vice chairman, Stanley Fischer. In a speech in Colorado, the Fed's number two policymaker was upbeat about the economy's recovery and prospects.

Friday, August 19th 2016 - 13:17 UTC

US Federal Reserve reiterates concern with stubbornly slow rate of inflation

William Dudley, president of the Federal Reserve Bank of New York said in a television interview that a September rate hike is “possible.”

United States Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate when they would likely raise rates.

Friday, August 19th 2016 - 10:39 UTC

Trump overhauls campaign team to try and reverse poor opinion polls

 Trump named Steve Bannon, from Breitbart News website, as campaign CEO. He also promoted senior adviser Kellyanne Conway to campaign manager.

US Republican presidential candidate Donald Trump overhauled his presidential campaign team for the second time in less than two months, hiring the head of a conservative news website to bolster his combative image and try to reverse poor opinion poll numbers. Trump named Steve Bannon, head of the Breitbart News website, as campaign chief executive officer, a new position.

Friday, August 19th 2016 - 10:25 UTC

US Olympic swimmers fabricated robbery story to cover up a night of heavy drinking in Rio

US Olympic Committee CEO said Gunnar Bentz and Jack Conger, who had been with Ryan Lochte in an incident at a local gas station ”have recently departed Rio.”

The two U.S. swimmers who were abruptly taken off a plane and detained in Rio on Wednesday night have been allowed to leave the country and are headed for the United States.

Thursday, August 18th 2016 - 05:57 UTC

US and Argentina cooperation in South Atlantic climate conditions and fisheries

Ambassador Mamet during a recent visit to INIDEP's offices and labs in Mar del   Plata

An international forum on ocean and sea sciences between Argentine and United States scientists is scheduled for next week in Mar del Plata. The 23/27 August event is in the framework of the closer ties in research and innovation between Argentina and its new partner, United States.

Wednesday, August 17th 2016 - 04:47 UTC

Fifteen Guantanamo prisoners transferred to the United Arab Emirates

President Obama has long vowed to close Guantanamo, but efforts to transfer prisoners to the U.S. have been blocked by Congress.

Fifteen prisoners at Guantanamo Bay have been transferred to the United Arab Emirates — the largest single release of the Obama administration. The population of the military prison in Cuba is now down to 61.

Thursday, August 11th 2016 - 06:52 UTC

US to provide Argentina with 24 state of the art T6-C Texan II training aircraft

The aircraft will be used for training pilots as well as in “border control missions, particularly the porous northern border of Argentina”

Argentina is in the process of purchasing 24 T6-C Texan II training aircraft from the United States, which will also be employed in border control and combating drugs. Apparently the operation has been approved by the US Defense Department and was one of several good news Secretary of State brought last week when he visited Buenos Aires.

Tuesday, August 9th 2016 - 08:40 UTC

Trump trailing in the polls pledged slashing taxes and regulations to “jump start America”

“We are in a competition with the world, and I want America to win,” Trump told the Detroit Economic Club

The United States Republican presidential candidate Donald Trump said on Monday he will slash taxes, block onerous financial regulations and unleash the energy sector as he pledged to “jump-start America” with a new economic plan if he is elected president.

Monday, August 8th 2016 - 10:49 UTC

US economy adds 255.000 jobs in July: unemployment remains at 4.9%

The largest growth in US employment - some 70,000 new jobs - came from professional and business sectors, in particular computing.

The US economy added a stronger-than-expected 255,000 jobs in July, fuelling speculation that interest rates could rise before the end of the year. The figure was below June's upwardly revised figure of 292,000 jobs, but was far higher than analysts' forecasts of between 175,000 and 180,000. However US unemployment rate remained unchanged at 4.9%.

Friday, August 5th 2016 - 20:44 UTC

Kerry supports Macri free-market policies but calls for patience: things don't change overnight

Kerry addressed growing local discontent over an economy beset by stagflation. “It’s not all going to change overnight,” Kerry told a group of business leaders

United States Secretary of State John Kerry urged Argentina to be patient with the slow pace of economic progress and investments under its new government and praised president Mauricio Macri’s free-market stance.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!