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As anticipated by the Federal Reserve's report earlier this week, US economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong dollar and tepid global demand weighed on exports.
Republican presidential candidate Donald Trump said the United States economy is in a bubble he fears will burst and he does not want to deal with a financial collapse if he is elected to the White House.
The United States Federal Reserve said it was closely monitoring global economic conditions, but would not raise interest rates in a decision widely expected by most analysts. The central bank said US economic growth had slowed as exports fell because of the strengthening dollar.
Millions of people across the eastern US are clearing up after the weekend's massive snowstorm that virtually paralysed the region. They have been digging out their cars and clearing pathways of snow which reached 91cm in five states.
Michael Bloomberg, the billionaire former mayor of New York City, has told his aides to draw up plans for an independent campaign for the U.S. presidency, The New York Times reported on Saturday.
Mauricio Macri expects to meet with Barack Obama at the end of next March when the Argentine president attends in Washington the summit on Nuclear Security of which Argentina is a member. The event takes place between 31 March and first April, and if the meeting effectively takes place, it would mean the return of the formal dialogue between the two countries, rather frozen under his predecessor Cristina Fernandez.
Argentine foreign minister Susana Malcorra was also very busy while in Davos, holding a raft of meetings including with US Secretary John Kerry, who at the end of talks twitted, great discussion on range of topics w FM @SusanaMalcorra. #Argentina remains important friend & partner in region.
The United States is ending its policy of opposing most lending to Argentina from multilateral development banks, the US Treasury Department announced. US Treasury Secretary Jack Lew informed Argentine Finance Minister Alfonso Prat-Gay of the move on Thursday when the two met in Davos, Switzerland, the department said in a statement.
The Centers for Disease Control and Prevention (CDC) has issued travel alert for people traveling to the Caribbean and other areas that have confirmed transmission of the mosquito-borne Zika virus.
Over the last 25 years, the US farmer has become increasingly aware of the impact of South American agricultural output on the global supply of grains and oilseeds. For example, in recent years Brazil has risen to the number one position as an exporter of soybeans.