United States

United States
Tuesday, April 7th 2009 - 11:58 UTC

First face-to-face talks of Raul Castro with US Congress members

Castro said the 47-year-old US economic embargo on Cuba was a “total failure,” (Photo AFP)

Cuban president Raul Castro has held talks with members of Congress in his first face-to-face meeting with US politicians since he became president last year. State television showed Mr Castro talking to members of the delegation, which is in Havana to explore ways of improving US-Cuban relations.

Tuesday, April 7th 2009 - 07:00 UTC

Ford slashes debt and dashes ahead in US auto industry restructure

CEO Alan Mulally:  “Ford continues to lead the industry”

Ford Motor Co said on Monday it has slashed automotive debt by 38%, 9.9 billion US dollars, bolstering its finances amid a deep auto industry downturn. Markets reacted with Ford shares up over 15%.

Tuesday, April 7th 2009 - 05:20 UTC

“US is not at war with Islam” Obama tells Turkish parliament

Washington and Turkey “solid” friends

During his first visit to a Muslim nation United States president Barack Obama said the US ”is not and will never be at war with Islam''. In an address to the Turkish parliament in Ankara on Monday, he called for a greater partnership with the Muslim world.

Saturday, April 4th 2009 - 09:50 UTC

Guess who the most popular politician on earth is

Surprising good chemistry between Lula and Obama

United States President Barack Obama, wildly popular the world over, said he isn't the globe's most admired politician: the title belongs to Brazil Lula da Silva

Saturday, April 4th 2009 - 07:07 UTC

US unemployment in March reaches 8.5%

Another 663.000 United States workers lost their jobs in March, slightly more than the 658.000 that had been expected. The US unemployment rate has now hit 8.5%, up from 8.1% in February. Earlier this week, the IMF said it expects the unemployment rate in the developed world to nudge above 10% in 2010.

Friday, April 3rd 2009 - 10:19 UTC

Last minute agreement on tax havens completes G20 agenda

US President Obama negotiation skills surprised many leaders

As G20 negotiations on a new regulatory blueprint bogged down, President Barack Obama pulled French President Nicolas Sarkozy and Chinese President Hu Jintao into a corner of a room in London’s Excel Centre, according to press reports from London.

Friday, April 3rd 2009 - 09:12 UTC

Bipartisan support in US to lift travel restrictions to Cuba

United States senators from both parties, backed by activists and businessmen, began promoting a bill this week to lift travel restrictions to Cuba, and apparently have the necessary votes for approval.

Wednesday, April 1st 2009 - 10:29 UTC

Obama in London to convince G-20 he can lead the world out of recession

Pte. Obama and his wife Michellearrive at Stansted Airport

United States President Barack Obama is in the United Kingdom for his first major foreign trip since taking office in January. In London he is to attend the G20 summit of the world’s 20 major economies representing 85% of global GDP, which is hosted by British Prime Minister Gordon Brown. The two will have breakfast talks in Downing Street on Wednesday followed by meetings with other world leaders.

Tuesday, March 31st 2009 - 07:21 UTC

Restructuring deadline for GM & Chrysler; Wall Street plunges

New GM CEO Fritz Henderson

President Barack Obama has given US carmakers General Motors (GM) and Chrysler strict deadlines to restructure before getting more aid. General Motors will be given 60 days and Chrysler just 30 days to submit new plans for recovery.

Monday, March 30th 2009 - 15:24 UTC

US will no longer “dictate unilaterally”, but Cuban embargo remains

United States Vice President Joe Biden said that Washington would no longer “dictate unilaterally” to Latin America, and that it had entered a new era in the historically troubled relationship.


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