United States

United States
Monday, October 13th 2014 - 06:54 UTC

US against China proposal to create a regional development bank for Asia

Xi Jinping want to make the formal announcement at a summit meeting of Asian leaders in November

For almost a year, China has been pitching an idea to its neighbors in Asia: a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region.

Saturday, October 11th 2014 - 08:10 UTC

On Columbus Day, “we also pay tribute to the legacy of Native Americans”

President Obama: On Columbus Day, we reflect on the moment the world changed

Proclamation by Barack Obama - When Christopher Columbus -- a son of Genoa, Italy -- set sail across the Atlantic, no one could imagine the profound and lasting impact he would have on the world. In search of a westward route to Asia, he instead spotted the Bahamas. As dawn broke on October 12, 1492, Columbus's crew set foot on a Caribbean island and changed the course of history. For much of Europe, this marked the discovery of the New World, and it set in motion the more than five centuries that have followed.

Saturday, October 11th 2014 - 03:24 UTC

Special Master Pollack to meet with Argentina's and holdout lawyers next week

Daniel Pollack confirmed that he anticipated a meeting, but declined to provide further details

A United States court-appointed mediator said on Friday he would hold a meeting next week between lawyers for Argentina and 'holdout' creditors suing the country in a longstanding dispute over defaulted debt.

Saturday, October 11th 2014 - 01:47 UTC

UN Human Rights Council calls for immediate release of Venezuelan dissident Leopoldo Lopez

”The arrest of Mr. Leopoldo López is arbitrary (...) Government of the Bolivarian Republic of Venezuela is to immediately release Mr. López”

The United Nations adopted a resolution Wednesday decreeing the Venezuelan government should immediately release Leopoldo Lopez, the opposition leader who has been imprisoned for almost nine months in connection to the violent protests in Caracas in February.

Tuesday, October 7th 2014 - 00:43 UTC

Griesa orders Argentina to reinstate BoNY as trustee for bondholders' payments

“The Republic of Argentina will need to reverse entirely the steps which it has taken constituting the contempt of court”, underlined Griesa

US Judge Thomas Griesa has ordered Argentina to reinstate the Bank of New York Mellon (BoNY) as trustee for bondholders payments and “reverse the steps taken” with the approval of the so-called Sovereign Payment law that replaced it with the country's Nacion Fideicomisos.

Saturday, October 4th 2014 - 10:29 UTC

US trade deficit down, while oil imports fall to their lowest in four years

U.S. exports have increased 4.1% since August 2013 and imports have grown 3.7% in the period.

The U.S. trade deficit slipped 0.5% in August to 40.1 billion, the lowest since January, the Commerce Department reported Friday. Oil imports fell to their lowest level in four years.U.S. exports increased 0.2% in August to a record 198.5 billion, while imports grew 0.1% to 238 billion. After a 40.3 deficit in July, analysts expected a 40.9 billion trade gap in August.

Saturday, October 4th 2014 - 10:06 UTC

US unemployment falls to 5.9%, the lowest since July 2008

US markets cheered the news, with the Dow Jones Industrial Average rising over 100 points.

The US unemployment rate dipped to 5.9% in September, a six-year low, official figure has shown. The rate fell from 6.1% in August and is the lowest recorded since July 2008. US Labor Department also said that employers added 248,000 jobs last month, and the job growth figures for August and July were revised upwards.

Thursday, October 2nd 2014 - 06:59 UTC

Head of Mormons in Argentina kidnapped and robbed in Buenos Aires

The incident took place last Friday and apparently motivated the US embassy warning about crime in Argentina, blasted by Cristina Fernandez

The head of the Mormon Argentina Buenos Aires West Mission, US citizen David Paul Robertson, was kidnapped, robbed, and finally released by armed men that attacked him while he was driving in Ciudadela, in Greater Buenos Aires.

Thursday, October 2nd 2014 - 06:03 UTC

Kissinger wanted to smash Cuba in 1976 for its intervention in Angola

“I think we are going to have to smash Castro,” Kissinger told Mr Ford in a White House meeting in February 1976. “I agree”, President Ford said. (Pic AP)

US Secretary of State Henry Kissinger drew up plans to “smash Cuba” with air strikes nearly 40 years ago, government papers obtained by researchers show. He was angered by Cuba's 1976 military intervention in Angola and was considering retaliation if Cuban forces were deployed elsewhere in Africa.

Wednesday, October 1st 2014 - 08:09 UTC

US calls on Argentina “to normalize relations with all bondholders”

“By making this deposit, Argentina confirms once again its unshakeable commitment to meet its obligations to bondholders” said the Argentine ministry

While the US State Department again called Tuesday on Argentina 'to normalize relations with all its bondholders’, the government of President Cristina Fernandez deposited a 161 million dollars bond interest payment with a newly appointed local trustee on Tuesday, defying a U.S. judge who held Argentina in contempt of court on Monday for taking illegal steps to meet its debt obligations.

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