United States

United States
Friday, January 15th 2016 - 12:13 UTC

US Treasury and Homeland after identification of high end real estate deals in cash

Director Jennifer Shasky Calvery said FinCEN has issued rules at preventing laundering through the mortgage market

The United States is hunting down international criminals who launder money through real estate deals, with the Treasury Department ordering title insurance companies to report the identities of people paying cash for high-end properties in Miami and Manhattan.

Wednesday, January 13th 2016 - 07:46 UTC

Venezuela's First Lady claims her two 'narco-nephews' were kidnapped by DEA

Cilia Flores, who serves in congress, told Venezuelan weekly Tal Cual that the U.S. was seeking revenge and trying to force the socialists from power in Venezuela.

Venezuela's first lady on Tuesday broke her silence on the arrest of her two nephews on drug trafficking charges, saying they were kidnapped by the U.S. Drug Enforcement Administration.Cilia Flores, who serves in congress, told Venezuelan weekly Tal Cual that the U.S. was seeking revenge and trying to force the socialists from power in Venezuela.

Wednesday, January 13th 2016 - 05:24 UTC

Obama's last State of the Union full of optimism strongly criticizing Trump with out mentioning him

We need to reject any politics that targets people because of race or religion“. ”Anyone claiming that US economy is in decline is peddling fiction,” said Obama

United States President Barack Obama promised that his final State of the Union address on Tuesday night would be something very different from the six that had preceded it. And, he made good on that promise, - abandoning the traditional list of policy proposals to instead make an extended case against the vision being offered by 2016 Republican front-runner Donald Trump.

Monday, January 11th 2016 - 13:29 UTC

Guns are our shared responsibility

Every year, more than 30,000 Americans have their lives cut short by guns.

By Barack Obama - The epidemic of gun violence in our country is a crisis. Gun deaths and injuries constitute one of the greatest threats to public health and to the safety of the American people. Every year, more than 30,000 Americans have their lives cut short by guns. Suicides.

Saturday, January 9th 2016 - 07:47 UTC

A robust US economy keeps adding jobs: 284.000 a month in the fourth quarter

Professional and business services, construction, health care, and food services all saw job increases. October and November figures were also revised up

United States jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. The Bureau of Labor Statistics data also showed the jobless rate held at its seven-and-a-half year low of 5%.

Friday, January 8th 2016 - 20:06 UTC

US and Cuban universities sign cooperation and student exchange programs

Virginia Governor Terry McAuliffe, who was present for the signing this week at the University of Havana, hailed the agreement.

The Virginia Commonwealth University (VCU) has signed a memorandum of understanding (MOU) with the University of Havana that will allow the institutions to develop cooperative programs in a variety of academic disciplines.

Thursday, January 7th 2016 - 08:42 UTC

Fed minutes show concern with global economy and US low inflation persists

Fed chairwoman Janet Yellen said she was confident inflation would reach the 2% target and that global factors would not derail the US economy.

The United States Federal Reserve's decision to raise interest rates in December was a “close call”, according to minutes from the Fed's December meeting. Fed members voted unanimously to raise its key interest rate by 25 basis points to between 0.25% and 0.5%. a move widely expected.But some members were cautious, because of global concerns and low inflation.

Wednesday, January 6th 2016 - 11:49 UTC

Emotional Obama calls on citizens to support gun control and defeat the rifle lobby: Republicans furious

”It will be hard, and it won’t happen overnight. It won’t happen during this Congress. It won’t happen during my presidency,” Mr. Obama admitted

An emotional President Barack Obama – at times teary, at others impassioned and angry – urged ordinary Americans on Tuesday to rise up and defeat the well-organized gun lobby in a struggle to cut the carnage of 30,000 killed by gunfire annually in the United States. He accused the gun lobby of holding Congress hostage but called for voters to fight back to so “they cannot hold America hostage.”

Tuesday, January 5th 2016 - 08:22 UTC

US Justice Department seeking billions of dollars from Volkswagen, Audi and Porsche

“Car manufacturers that fail to properly certify their cars and that defeat emission control systems breach the public trust endanger public health,” said John Cruden

The United States Justice Department has filed a federal lawsuit against Volkswagen, Audi and Porsche that seeks billions of dollars in penalties over claims that the car companies installed devices to deliberately misreport emissions. Nearly 600,000 diesel-engine vehicles were installed with these devices since 2009.

Saturday, December 19th 2015 - 04:11 UTC

United States lifts 40-year ban on exports of crude oil

United States oil producers will now be able to sell crude to the already saturated international market. The bulk of US oil comes from shale producers.

The United States has approved a measure to lift the 40-year ban on crude oil exports. The move is part of a US$1.1 trillion spending bill approved by the Senate on Friday that will fund the US government until 2016.

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