United States

United States
Thursday, December 17th 2009 - 05:56 UTC

Fed confirms most special liquidity facilities to expire by February 2010

Inflation is expected “to remain subdued for some time”

The Federal Reserve has decided to keep US interest rates on hold at between 0% and 0.25%, --as had been widely expected--, and anticipated that most of the special liquidity facilities will expire on February 1, 2010.

Monday, December 14th 2009 - 12:55 UTC

US priority: job creation over major fiscal consolidation

White House Council of Economic Advisers Chairman Christina Romer

Reducing the United States budget deficit at the expense of creating jobs in a still-struggling economy would be “suicide,” a top White House adviser says.

Monday, December 14th 2009 - 11:50 UTC

Brazil “minimizes” visit of top envoy from the Obama administration

Valenzuela will have a tough week in his first visit to South America since nomination

Brazil and Bolivia reacted strongly to the US message to Latinamerica about “flirting” with the Iran regime. Brazil is “minimizing” the Monday visit of a top US Department official and Bolivia said that it is sovereign and practices a “dialogue culture” with all countries.

Monday, December 14th 2009 - 08:52 UTC

US Congress facilitates sales of farm goods to Cuba

The decision had strong approval from farm states among which Max Baucus from Montana

The United States Senate approved a provision on Sunday to facilitate cash sales of US farm goods to Cuba, overturning restrictions by former President George W. Bush's administration, a senator said.

Saturday, December 12th 2009 - 07:45 UTC

US warns Latinamerica ing about “flirting” with the Iran regime

Iranian President Mahmoud Ahmadinejad recently visited Brazil, Venezuela and Bolivia

US Secretary of State Hillary Clinton Friday urged Latin American countries to “think twice” about establishing links with Iran, which she said is the world's leading promoter and exporter of terrorism. Clinton also expressed concern about democratically-elected leaders in Latin America who later move to undermine democratic institutions.

Friday, December 11th 2009 - 07:51 UTC

US extends bail-out fund until October next year “to assist American families”

Treasury Secretary Timothy Geithner admits foreclosures are increasing and unemployment in unacceptably high

US Treasury Secretary Timothy Geithner has announced that the 700 billion US dollars financial bail-out fund will be extended until October next year.

Friday, December 11th 2009 - 07:42 UTC

Weak dollar helps US October exports rise 2.6%, highest level in almost a year

But China’s surplus with the US also peaked in October

The United States trade deficit unexpectedly narrowed in October as exports rose to their highest level in almost a year, official figures have shown. The deficit fell to 32.9 billion US dollars, 7.6% lower than September's downwardly revised 35.7 billion

Friday, December 11th 2009 - 04:11 UTC

President Obama defended the concept of “just war” at Peace Nobel ceremony

“I face the world as it is” said US president on his Peace Nobel Prize acceptance speech

President Barack Obama defended the concept of a just war as he accepted the Nobel Peace Prize in Norway on Thursday. The US leader acknowledged he was a controversial recipient, not least because he is the commander-in-chief of a nation fighting two conflicts overseas.

Thursday, December 10th 2009 - 07:53 UTC

Gallup poll shows strong Latinamerican support for Obama: 61%

President Barack Obama

A recent Gallup poll surveying Latinamerican perceptions of Barack Obama found that the US President’s strongest support comes from Chile, where 72% of those polled have a favourable image of him.

Thursday, December 10th 2009 - 07:32 UTC

US Assistant Secretary of State will be visiting Mercosur members next week

A hard task awaits Arturo Valenzuela

Recently nominated United States Assistant Secretary of State Arturo Valenzuela will be making his first trip to the region next week with visits to Mercosur full members, Brazil, Argentina, Uruguay and Paraguay, reported the US State Department.

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