United States

United States
Saturday, January 30th 2016 - 12:31 UTC

US growth slows down sharply to 0.7% annually in the fourth quarter

GDP increased at a 0.7% annual rate, the Commerce Department said as lower oil prices continued to undermine investment by energy firms

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.

Friday, January 29th 2016 - 04:40 UTC

US economy in a bubble, says Trump, ”I hope they pop before I become president'

“It's a very daunting task, and we're in deep trouble. The country's a mess,” Trump told ABC's “Good Morning America” program.

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.

Thursday, January 28th 2016 - 06:41 UTC

Fed leaves rate unchanged and is “closely monitoring global economic and financial developments”

“The committee is closely monitoring global economic and financial developments and is assessing their implications for the labour market and inflation,” it said.

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.

Monday, January 25th 2016 - 08:54 UTC

“Snowzilla” froze the East Coast of the US and left at least 29 dead

Public transport remains disrupted. Many flights have been cancelled. Government buildings in Washington and many schools will be closed on Monday.

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.

Monday, January 25th 2016 - 08:17 UTC

Former NY City mayor Bloomberg willing to run for president

Bloomberg has advised friends and associates that he would be willing to spend at least $1 billion of his own money on a campaign for the November 2016 election

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.

Saturday, January 23rd 2016 - 08:01 UTC

Macri and Obama could meet at the end of March, reestablishing formal bilateral dialogue

While in Davos, Macri had a long conversation with US vice-president Joe Biden as part of the new bilateral atmosphere.

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.

Saturday, January 23rd 2016 - 07:48 UTC

Argentina wants to recover the space it deserves in the world, said Malcorra

“Argentina is in a plan to insert herself in the space that she deserves in the world”, Malcorra affirmed.

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”.

Friday, January 22nd 2016 - 04:15 UTC

US announced support for Argentina at multilateral development banks

Treasury Secretary Lew informed Argentine Finance Minister Prat-Gay of the US change of position during their meeting in Davos

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.

Tuesday, January 19th 2016 - 07:51 UTC

Fourteen countries in a US travel alert for pregnant women because of Zika virus

With the virus linked to birth defects, CDC has advised pregnant women that should consider postponing travel to areas where Zika virus transmission is ongoing

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.

Saturday, January 16th 2016 - 10:00 UTC

US Dept of Agriculture studying Brazil's success as an agricultural powerhouse

In recent years Brazil has risen to the number one position as an exporter of soybeans.

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.

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