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The Unasur (Union of South American Nations) extraordinary summit to address the US forces in Colombian bases controversy, and which was agreed in Ecuador, will take place in Bariloche at the end of the month announced the Argentine presidency.
Ousted Honduran President Manuel Zelaya and Brazilian President Lula da Silva called on Wednesday on the United States to use more political influence to help solve the Honduran crisis.
The Federal Reserve left US interest rates un changed between 0% and 0.25% describing the current situation as “levelling off” although economic activity is “likely to remain weak for a time”.
The percentage of US homeowners who owe more than their house is worth will nearly double to 48% in 2011 from 26% at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.
The United States economy has hit the bottom and the current quarter will see positive growth because of the government's stimulus spending, according to billionaire financier George Soros.
United States President Barack Obama said it was hypocritical for critics of Washington's response to a coup against Honduran President Manuel Zelaya to demand a more forceful US role in returning him to power.
President Barack Obama joined Friday a controversy boiling in South America by denying the United States is planning to set up military bases in Colombia as part of an upgraded security agreement with Bogotá. There have been those in the region who have been trying to play this up as part of a traditional anti-Yankee rhetoric. This is not accurate, Obama told Hispanic media reporters.
The United States economy lost 247,000 jobs in July, far fewer than analysts had expected, official figures show. With fewer workers being laid off, the unemployment rate fell to 9.4%, down from 9.5% in the previous month, the first drop since April 2008.
The United States Senate confirmed Sonia Sotomayor as the third woman and first Hispanic to serve on the US Supreme Court, a major victory for President Barack Obama. The Thursday vote by a margin of 68 to 31 was hailed as a wonderful day for America by President Barack Obama.
United States is prepared to provide up to 10 billion US dollars in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast, revealed Brazil’s Planning Minister Paulo Bernardo da Silva.