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