United States

United States
Wednesday, September 23rd 2009 - 11:45 UTC

China appeals WTO decision on imports of US DVDs and other media products

The ruling ordered China to ease some of its curbs on foreign media products such as US books, magazines and computer games.

China has appealed a World Trade Organisation (WTO) decision against its restrictions on the import of US DVDs and other media products. The WTO settlement had said China was breaching international trade rules by blocking foreign-owned firms from being importers and wholesalers.

Tuesday, September 22nd 2009 - 07:13 UTC

Obama wants China and Germany to spend more and US less debt addict

Unemployment will persist, warns the US president

United States President Barack Obama said he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in decades. Meantime in Europe, officials kept up pressure for a deal to curb bankers' pay and bonuses at a two-day summit of leaders from the Group of 20 countries, which begins on Thursday.

Saturday, September 19th 2009 - 11:34 UTC

US tighter supervision of credit rating agencies

Agencies have been criticised for their role in the financial crisis

United States credit rating agencies will face tighter supervision under new rules adopted by the US financial watchdog.

Saturday, September 19th 2009 - 07:28 UTC

US/Cuba talks for resumption of direct mail service

Raul Castro waiting for the postman

The United States and Cuba have begun talks on resuming direct mail service, which has been suspended since 1963. US Deputy Assistant Secretary for Western Hemisphere Affairs Bisa Williams is leading the delegation to the negotiations in Havana.

Friday, September 18th 2009 - 11:32 UTC

Brazil’s JBS moves into the US poultry market and consolidates at home

JBS has become the world’s leading integrated food processor

Brazil's JBS, the world's biggest beef producer, agreed this week to buy a controlling take in bankrupt US poultry producer Pilgrim's Pride and JBS' Brazilian beef rival Bertin.

Friday, September 18th 2009 - 11:04 UTC

US interested in promoting bilateral trade with Brazil, in spite of Mercosur

Trade representative Ron Kirk

United States Trade Representative Ron Kirk said on Thursday the administration of President Barack Obama was interested in promoting a bilateral trade agreement with Brazil, even when it could mean bypassing Mercosur.

Thursday, September 17th 2009 - 13:16 UTC

Warren Buffett says US economy still has not begun to climb out of recession

The Sage of Omaha predicts it will take time but the US economy will “turn up”

The United States economy has not begun to climb out of the worst recession since the Great Depression but the 'terror' that followed last year's near-collapse of the financial system is gone due in part to government intervention, billionaire investor Warren Buffett said this week in California.

Wednesday, September 16th 2009 - 12:36 UTC

Uruguay and US express concern over possible arms race in South America

President Vazquez said resources should be used to combat poverty and development

Uruguay and the United States expressed concern Tuesday that recent weapons purchases could lead to an arms race in South America. In a joint appearance, Uruguayan President Tabare Vazquez and Secretary of State Hillary Rodham Clinton also pledged co-operation on trade, scientific research and other fields.

Wednesday, September 16th 2009 - 12:15 UTC

US Senator introduced bill to extend trade benefits to Uruguay

The influential Senator Richard Lugar

United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee, introduced a bill Tuesday to extend US trade benefits to Uruguay. The move he says would increase pressure on Brazil to deepen commercial ties.

Wednesday, September 16th 2009 - 07:23 UTC

US taxman corners evaders hiding in foreign holdings

Swiss bank UBS agreed to hand over to the IRS names of 4.450 secret accounts

Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn in to an Internal Revenue Service amnesty program or gamble that they will not be caught.


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