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United States General Douglas Fraser, in charge of US Southern Command operations covering South America said that there are good reasons for the deployment of US military units in Colombia bases, but also stressed that no final deal had yet been struck.
United States vehicle sales were mixed in July, with Ford seeing sales rise compared to a year earlier while both Chrysler and GM posted a fall. Asian car manufacturers also saw varied US sales, with Subaru and Hyundai sales up while Honda and Toyota both posted falls year-on-year.
United States banks in New Jersey, Ohio, Florida, Oklahoma and Illinois were shut, pushing the toll of failed US lenders to 69 this year. The Federal Deposit Insurance Corporation was named the receiver of the five banks, the regulator said in e-mailed statements.
Cuban President Raul Castro said he remains ready to talk about everything and anything with the United States but that Cuba’s political system was not on the negotiating table.
Billions of dollars are spent every year in the United States in an attempt to control invasive species. Plants and animals brought legally and illegally into the US have created extensive damage to the ecosystem and the economy.
United States and China are committed to fighting protectionism, said US Treasury Secretary Timothy Geithner following two days of high-level talks. The two countries share an interest in ensuring that trade remained open and rules-based.
The relationship between United States and China will shape the 21st Century, said President Barack Obama as top officials met Monday in Washington for talks. Co-operation, not confrontation was the way forward, he said, with climate change, security and the economy all areas where common ground existed.
Ford, the only one of the Big Three United States carmakers not to have gone bankrupt, has reported a quarterly profit of 2.3billion US dollars. However, the profit was largely due to one-off gains related to debt restructuring, with demand for new cars remaining weak.
The United States unit of the world's largest meat processor, Brazilian JBS SA, filed for an initial public offering of up to 2 billion US dollars on Wednesday, making it the largest planned offering in the US IPO pipeline.
In anticipation of his Semiannual Monetary Policy Report to the United States Congress on July 21st, Federal Reserve Chairman Ben S. Bernanke wrote a column which basically is a synthesis of his presentation before the Committee on Financial Services from the US House of Representatives.