United States
United StatesUS Senate expected to approve revamped rescue package
The United States Treasury Department on Tuesday froze the US assets of eight members of the Revolutionary Armed Forces of Colombia, or FARC, which it has deemed a narco-terrorist organization.
US Representatives extends benefits to Andean countries
The United States House of Representatives voted unanimously on Monday to approve a one-year extension of trade benefits for Colombia, Peru, Ecuador and Bolivia that expire at the end of the year.
US Congress agrees to vote Monday bail-out package
The United States Congress is set to vote on Monday the largest single financial bailout in US history after leaders from both parties nailed down the details of the package, following long days and nights of tense and sometimes tempestuous negotiation.
Obama, McCain argue over war, taxes in 1st debate
John McCain accused Barack Obama of compiling “the most liberal voting record in the United States Senate” Friday night as the two rivals clashed over taxes, spending, the war in Iraq and more in an intense first debate of the White House campaign. “Mostly that's just me opposing George Bush's wrong-headed policies,” shot back the Democrat.
US: A bad day for the GOP on politics, bailout plan
Even for a party whose president suffers dismal approval ratings, whose legislative wing lost control of Congress and whose presidential nominee trails in the polls, it was a remarkably bad day for Republicans.
Democrats' message to markets: rescue bill is “back on track”
United States president George W Bush has said that legislators will “rise to the occasion” and pass the proposed 700 billion Wall Street rescue plan. He said disagreements remained as “the proposal is big and the reason it's big is because it's a big problem”.
Bernanke & Paulson didn't fully convince skeptic US Senators
United States lawmakers have expressed strong skepticism about a bail-out of the banking system, following a five-hour Senate hearing on the rescue plan. Treasury Secretary Henry Paulson told the banking panel that delaying the 700 billion US dollars bail-out would put the entire US economy at risk.
FBI probes into four US giant financial institutions
The US Department of Justice, FBI is investigating four of the US financial giants caught out by the financial crisis hitting Wall Street for possible fraud, according to reports.
Stiglitz says bailout plan is “monstrous” for US taxpayers
Economy Nobel Prize Joseph Stiglitz described as “monstrous” for US taxpayers the current bail out plan for the financial sector announced by Washington over the weekend.
McCain uses Chavez anti US virulence to target Latino vote
“Did you see with whom Obama wants to talk to” asks a new Spanish language spot from the Republican John McCain campaign, which is followed by a violent speech from Venezuelan president Hugo Chavez against the US, which then accuses Democrat Barack Obama of wanting to meet him “with no conditions”.
