United States

United States
Saturday, July 9th 2016 - 07:26 UTC

Uruguay wins lead case against Philip Morris over strict anti-tobacco law

“The Uruguayan state has emerged victorious and the tobacco company's claims have been roundly rejected,” President Tabare Vasquez said in national television

Uruguay won on Friday an arbitration case against US tobacco giant Philip Morris, which sued the state claiming its strict anti-tobacco law harmed the cigarette maker's business, both sides said. Philip Morris argued that Uruguay had violated terms of a bilateral investment treaty with Switzerland, where it has its main headquarters.

Saturday, July 9th 2016 - 06:15 UTC

International anti tobacco philanthropies hail Uruguay´s legal victory against Philip Morris

“This is a major victory for the people of Uruguay, it shows countries everywhere can stand up to tobacco companies and win”, said Michael R Bloomberg

In a historic public health victory that will be felt around the world, Uruguay has won an international legal battle against Philip Morris International to uphold its strong laws to reduce tobacco use. The event was underlined by international philanthropies, which also supported Uruguay during the litigation.

Friday, July 8th 2016 - 09:47 UTC

Macri extends business tour to Idaho for a techno conference presided by Bill Gates

Among the attendants are Bill and Melinda Gates (Microsoft), Larry Page (Google), Mark Zuckerberg (Facebook), media magnate Rupert Murdoch

Following his business promoting visit to France, Belgium and Germany, Argentine president Mauricio Macri is attending the Sun Valley Conference in the city of Idaho, United States, which is presided over by Microsoft creator Bill Gates.

Friday, July 8th 2016 - 06:41 UTC

US and Argentina are “regional leaders and long time friends”, says Kerry

Kerry said that the Argentine and US peoples are bound together by common interests and shared values, democracy, human rights and gender equality.

Secretary of State John Kerry sent best US wishes to the Argentine people on the 200 years of its declaration of independence on July 9, and underlined that both countries “are regional leaders and long time friends”.

Friday, July 8th 2016 - 04:49 UTC

Four US leading banks commit continued support for London as global financial hub

The banks and Chancellor George Osborne said in a statement they would work to ensure London “retains its position”.

Four of the biggest US banks have committed to helping maintain London's position as a global financial hub after the UK leaves the European Union. Since the referendum vote there have been concerns that banks would reduce their staff and offices in the country.

Thursday, July 7th 2016 - 07:11 UTC

Federal Reserve extremely cautious on Brexit aftermath and US job market

”None of us really knows the magnitude and I doubt there will be a moment when people say Brexit is done. It will be something over time,” Tarullo said

Federal Reserve policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of Britain's vote on EU membership, according to the minutes of the Fed's June policy meeting released on Wednesday.

Thursday, July 7th 2016 - 06:43 UTC

US trade deficit soars 10% in May; imports rise and exports fall

The deficit is particularly pronounced with China, where the gap rose by 19.4% to US$29bn. The trade gap with the European Union also widened by 13.5%.

United States trade deficit grew by 10% in May as exports fell while imports, particularly from China, rose according to the latest report from the Commerce Department. The deficit rose to US$41.1bn in May compared with US$37.4bn in April, while exports decreased by 0.2%, while imports grew by 1.6%.

Friday, July 1st 2016 - 09:08 UTC

“Possible surprise” in US elections must have the Pacific Alliance “ready to react”

“We must have the ability to create a platform of integration, vision and progress” said Guajardo..., if there is a surprise in the US election

The Pacific Alliance must be “ready to react” to a possible “surprise” in the United States presidential election, Mexican Economy Secretary Ildefonso Guajardo said in Chile on Thursday.

Thursday, June 30th 2016 - 13:32 UTC

A harmonious NAFTA Tres Amigos Summit pledges to combat protectionism and xenophobia

Presidents Peña Nieto,Canadian PM Justin Trudeau and Obama finalized their reconciliation with the first North American leaders' summit since 2014

United States, Canada and Mexico on Wednesday in Ottawa held their first summit after years of aloofness and held themselves up as an example against growing protectionist tendencies around the world.

Thursday, June 30th 2016 - 07:02 UTC

Kerry not convinced UK will finally invoke Article 50 for leaving EU

“This is a very complicated divorce,” Kerry told the Aspen Ideas Festival, referring to Britain's negotiated exit from the EU after last week's “Brexit” referendum.

US Secretary of State John Kerry said that Britain's vote to leave the European Union might never be implemented and that London is in no hurry to go. Speaking one day after talks with Prime Minister David Cameron, Kerry said the outgoing British leader feels “powerless” to negotiate a departure he does not want.

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