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Since the United States consumer is no longer the main global growth engine, experts are expecting China to take over the role, although they are also looking for other locomotives in other regions of the world to help with economic recovery.
President Barack Obama has announced his intent to nominate David D. Nelson to the post of United States Ambassador to Uruguay. His nomination has to be approved by Congress.
The US budget deficit more than tripled to a record 1.4 trillion US dollars in the fiscal year to 30 September, according to US Congress estimates. Congressional analysts had previously predicted a deficit of 1.6 trillion but revised their latest estimate, which comes after the end of the fiscal year.
United States wishes to improve and expand trade relations with Uruguay as well as scientific cooperation, was the message from the United States Barack Obama administration to the country’s ruling coalition presidential ticket for this month’s general election.
United States economic power is declining as a result of the financial crisis, the head of the World Bank has said. One of the legacies of this crisis may be recognition of changed economic power relations, said World Bank president Robert Zoellick.
The United States economy lost 263.000 jobs in September, which was more than had been expected, according to official non-farm payrolls figures. The jobless rate rose to a fresh 26-year high of 9.8% from August's figure of 9.7%.
The number in employment has now fallen for 21 consecutive months.
Success in the struggle against the Taliban cannot be taken for granted and time is running out, the commander of the international forces in Afghanistan has warned. US General Stanley McChrystal said the situation in the country was serious - and in some respects deteriorating - with increasing violence and a growing insurgency.
Authors, artists and musicians are due to gather at a library in San Francisco to protest against the banning of books in schools and libraries in the United States. The event, part of the 27th annual Banned Books Week, has been organised by the American Library Association.
The United States Congress has agreed to provide 350 million US dollars to struggling dairy farmers following a compromise during negotiations on a 23.3 billion USD agriculture bill.
The US government has relaxed its control over how the internet is run. It has signed a four-page affirmation of commitments with the net regulator Icann, giving the body autonomy for the first time.