United States

United States
Thursday, September 17th 2009 - 13:16 UTC

Warren Buffett says US economy still has not begun to climb out of recession

The Sage of Omaha predicts it will take time but the US economy will “turn up”

The United States economy has not begun to climb out of the worst recession since the Great Depression but the 'terror' that followed last year's near-collapse of the financial system is gone due in part to government intervention, billionaire investor Warren Buffett said this week in California.

Wednesday, September 16th 2009 - 12:36 UTC

Uruguay and US express concern over possible arms race in South America

President Vazquez said resources should be used to combat poverty and development

Uruguay and the United States expressed concern Tuesday that recent weapons purchases could lead to an arms race in South America. In a joint appearance, Uruguayan President Tabare Vazquez and Secretary of State Hillary Rodham Clinton also pledged co-operation on trade, scientific research and other fields.

Wednesday, September 16th 2009 - 12:15 UTC

US Senator introduced bill to extend trade benefits to Uruguay

The influential Senator Richard Lugar

United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee, introduced a bill Tuesday to extend US trade benefits to Uruguay. The move he says would increase pressure on Brazil to deepen commercial ties.

Wednesday, September 16th 2009 - 07:23 UTC

US taxman corners evaders hiding in foreign holdings

Swiss bank UBS agreed to hand over to the IRS names of 4.450 secret accounts

Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn in to an Internal Revenue Service amnesty program or gamble that they will not be caught.

Tuesday, September 15th 2009 - 12:00 UTC

Obama warns Wall Street bankers on anniversary of Lehman collapse

The US president promised “the most ambitious overhaul of the financial system since the Great Depression”.

US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis. “We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis,” he said.

Tuesday, September 15th 2009 - 11:57 UTC

US extends trade embargo on Cuba for another year

The decision seems to have been taken in spite of an incipient dialogue with Cuban president Raul Castro

Despite vowing a new beginning in the US-Cuba relations, President Barack Obama has decided to extend the 47-year-long US trade embargo on Cuba for another year.

Monday, September 14th 2009 - 09:02 UTC

Beijing reacts to higher tyre’ tariffs with probes into US poultry and cars

US dumping and subsidies practices have harmed domestic industries, alleges Chinese Commerce Department

Beijing announced it would launch anti-dumping and anti-subsidy investigations into some United States imported vehicles and chicken products from the United States, the Ministry of Commerce said Monday, escalating a trade disputes which was triggered when the US decided to raise tariffs on Chinese-made tires.

Sunday, September 13th 2009 - 17:57 UTC

US denies Honduras' Micheletti visa

Micheletti said the move would not change his decision to reject the return of Zelaya to power

The US has revoked the visa of Honduras' interim president to pressure the Central American country to reinstate Manuel Zelaya, the country's ousted leader, the interim government says.

Thursday, September 10th 2009 - 11:50 UTC

US hopes for “truly exceptional” relations with new Uruguayan government

Everett Eissenstat said the TIFA experience with Uruguay has been a complete success

United States has a “truly exceptional” relation with Uruguay and expects whoever wins the coming election, to keep that “very solid” link said Everett Eissenstat, US Assistant Trade Representative for the Americas during a meeting with a delegation of visiting Uruguayan journalists.

Thursday, September 10th 2009 - 11:35 UTC

Mexico and Venezuela spend millions lobbying in the US

Venezuela prefers to target US public opinion

Mexico is the Latinamerican country which most resources invests in influencing US policies, while the Venezuelan government deploys the most public relations activities to promote a positive image, according to data from the US Justice Department.

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