United States

United States
Tuesday, December 2nd 2014 - 05:02 UTC

US wants to continue with president-elect Vazquez the “vibrant relationship” developed with Mujica

“We are grateful for the vibrant relationship we have had with Uruguay under the leadership of President Mujica”, said Kerry's message

Secretary of State John Kerry congratulated on Monday Uruguayan president-elect Tabare Vazquez on his Sunday victory, and said that the US looks forward to working with the new administration and to continue advancing with the “vibrant relationship we have had” under the leadership of President Jose Mujica.

Monday, December 1st 2014 - 08:19 UTC

Slow planting season cuts soybean production prospects for Brazil

The US Department of Agriculture bureau in Brasilia pegged the Brazilian soybean crop, the world's second biggest after that of the US, at 92.0m tons.

US officials joined market analysts cutting Brazilian soybean production prospects thanks to a slow planting season, but maintained expectations of a, small, rise in exports to a record high.

Thursday, November 27th 2014 - 07:15 UTC

Racial relations becomes political debate in the US following the Ferguson trial and verdict

Missouri Governor Jay Nixon has deployed about 2,200 National Guard troops in and around Ferguson

More National Guard troops and police have been sent to Ferguson, Missouri to head off a third night of violence, as over 400 people have been arrested in the St. Louis suburb and around the United States in unrest after a white policeman was cleared in the killing of an unarmed black teenager.

Wednesday, November 26th 2014 - 09:56 UTC

US economy stronger and growing sturdier than most forecasts

US has seen its strongest two consecutive quarters of growth for a decade. Consumer spending was the biggest driver of the raised expansion estimate.

The US economy grew much faster in the third quarter than first reported, official figures have shown. It expanded at an annual zed rate of 3.9% between July and September, up from the 3.5% first estimated by the Bureau of Economic Analysis.

Wednesday, November 26th 2014 - 06:48 UTC

Follow the sand to the real fracking boom

This all puts frac sand in the drivers’ seat of the next phase of the American oil boom, and it has already seen its price increase up to 20% over the past year

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.

Tuesday, November 25th 2014 - 07:40 UTC

Two hard-core Pentagon former officials candidates for US Secretary of Defense

Michèle A. Flournoy, is a former Under-secretary of defense who would be the first woman to head the Pentagon

President Barack Obama is considering two former Defense Department officials as successors to Secretary of Defense Chuck Hagel, administration officials said on Monday. Both are seasoned national security professionals whose credibility among members of both parties and Defense Department experience would be considered assets in managing the threat from the Islamic State, budget cuts and other challenges.

Saturday, November 22nd 2014 - 06:54 UTC

Mexican president hails Obama's decisions on immigration

“I want to publicly recognize yesterday's announcement,” said Peña Nieto “These measures bring relief to principally Mexican immigrants.”

Mexican President Enrique Peña Nieto hailed US President Barack Obama's sweeping steps on immigration, saying they were “most important measures taken in several decades” and would allow families to stay together.

Saturday, November 22nd 2014 - 05:49 UTC

US Senate grills banks accused of 'unfair' trading practices with commoditisers

“If you like what Wall Street did for the housing market, you'll love what Wall Street is doing for commodities”, said Senator Carl Levin

Executives of three US banks are being grilled by senators over accusations the banks engaged in unfair trading practices relating to several commodities. A two-year report found that Goldman Sachs, Morgan Stanley and JP Morgan Chase bought up large stockpiles of commodities like aluminum and copper.

Friday, November 21st 2014 - 06:59 UTC

Potential of US offshore oil and gas, according to American Petroleum Institute

Eastern Gulf of Mexico, the Pacific OCS and the Atlantic OCS are currently almost entirely off-limits to offshore oil and gas development

Two new studies released by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) were opened to offshore oil and natural gas development.

Thursday, November 20th 2014 - 04:29 UTC

Fed minutes confirm reveal consensus on ending stimulus program

Most observers expect the Fed will begin raising the rate in the middle of 2015, mostly in an effort to keep inflation in check as the US recovery gathers steam.

Although the US Federal Reserve was worried about turmoil in emerging markets, the central bank reached an easy consensus to end its stimulus program, its latest minutes reveal.

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