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A United States federal judge ruled in favour of seizing 105 million US dollars from the Argentine Central Bank deposits in New York in order to pay the debt the country holds with two investment funds.
United States Federal Reserve Chairman Ben Bernanke cautioned the US economy still faces significant headwinds, including a housing sector that has yet to recover convincingly and an ailing employment market.
The violence raging in Mexico’s drug war is worse now than the terror that enveloped Colombia during the 1980s and 1990s ever was, Texas Department of Public Safety Director Steve Mc Craw told state lawmakers this week in Austin.
The influential US Senator John McCain from Arizona sent a letter to Homeland Security Secretary Janet Napolitano calling for the deployment of National Guard troops along the southern border region between the US and Mexico to help counter the growing violence from the drug cartels.
Citigroup Inc.’s largest shareholder, the US Treasury Department, is planning to sell its 27% stake this year in what could become the biggest profit for the bank-bailout program.
The United States economy contracted 2.4% in 2009 according to the latest estimates from the US Bureau of Economic Analysis. Growth in 2008 was 0.4%.
United States Secretary of State Hillary Clinton congratulated Chile, Argentina, Colombia and Mexico on the bicentennial of their independence to be celebrated in the course of 2010 and said she was hopeful the anniversary would also celebrate a future of “greater cooperation in the hemisphere”.
The world's second-largest food and beverage company says it will reduce the saturated fat, sodium, and sugar in its products to make them more nutritious.
Barack Obama has convinced Democrats in the US Congress to pass his historic health care reform bill, handing the president a victory that will give nearly every American the right to health coverage and could define his time in office.
United States Labour Department reported that the consumer price index was flat in February, though prices were 2.1% higher than a year ago. Core inflation - which strips away food and energy costs - saw a 0.1% rise.