United States

United States
Friday, May 22nd 2009 - 12:07 UTC

Obama sends a letter to Cristina for the May 25th celebration

Pte. Obama and  Fernandez during the last OEA Summit

United States president Barack Obama has sent a letter to President Cristina Fernandez praising Argentina’s efforts “to work as a constructive and stabilizing force in the region and beyond”.

Thursday, May 21st 2009 - 11:12 UTC

US Congress strong message to Argentina on defaulted obligations

Argentina could end in “the bad boys” list

American Task Force Argentina (ATFA), a coalition of more than 40 taxpayer, investor, educator, Latino and agriculture organizations, commended members of the United States House of Representatives for introducing legislation imposing stiff penalties on wealthy and middle-income nations that, like Argentina, refuse to honour obligations to US creditors.

Saturday, May 16th 2009 - 13:26 UTC

US consumer prices in April remained unchanged

US consumer prices were unchanged in April, but recorded their largest year-on-year drop for more than 50 years, official data showed. Meanwhile producer prices jumped more than expected pushed by the biggest rise in food costs in more than a year.

Saturday, May 16th 2009 - 10:37 UTC

General Motors to close 1.100 dealerships

General Motors, the US auto giant, has told 1.100 dealerships that they will be closed down as the company struggles to survive amid an economic crisis. The shutdowns are just part of a larger plan to shut 2.600 of its 6.200 dealerships as the car manufacturer makes cuts in an attempt to become profitable again. The move is likely to cause the loss of thousands of jobs across the US.

Friday, May 15th 2009 - 09:15 UTC

US Treasury moves to regulate complex (lethal) financial instruments

Treasury Secretary Timothy Geithner

The United States Treasury wants more regulation of derivatives - the complex financial instruments that brought down some of Wall Street's biggest names. Proposals to be set out by Treasury Secretary Timothy Geithner will call for an electronic system to monitor buying and selling in the market.

Friday, May 15th 2009 - 08:04 UTC

Year long celebration to commemorate 50 years of NYC Lincoln’s Center

Pte. Dwight D. Eisenhower wields the shovel at the ground breaking ceremony

New York City's Lincoln Center for the Performing Arts, the largest in the world, officially launched this week a year long celebration of its 50th Anniversary with a commemorative ceremony at Alice Tully Hall.

Thursday, May 14th 2009 - 08:03 UTC

US triple-A credit rating at risk, if finances are not put in order

The United States is at risk of losing its triple-A credit rating unless it starts putting its finances in order, a former head of the agency in charge of fiscal accountability said in the Financial Times on Wednesday.

Thursday, May 14th 2009 - 03:42 UTC

Shannon praises Valenzuela and lists agenda of pending issues

Thomas Shannon Assistant Secretary

Thomas Shannon Assistant Secretary of State for Western Hemisphere Affairs who is to be replaced by Arturo Valenzuela said on Wednesday the incoming official will face “difficult challenges” in the management of relations with Latinamerica.

Wednesday, May 13th 2009 - 15:39 UTC

Another Clinton hand joins Obama’s team as head of hemispheric affairs

US President Barack Obama named Tuesday Arturo Valenzuela, a US-Chilean citizen and former member of President Bill Clinton’s administration as the new head of hemispheric affairs in the State Department reported the White House press office.

Wednesday, May 13th 2009 - 01:39 UTC

Washington expresses full support for Paraguayan president Lugo

US Ambassador Ayalde call for an end to partisan politics

United States explicitly expressed support for Paraguayan president Fernando Lugo and his administration in response to some “instability” rumours which are “not positive” for the country.

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