The Electoral Observation Mission of the Organization of American States (EOM/OAS) to the United States has completed the deployment of its observers and experts ahead of the General Elections that will be held next Tuesday, November 8th. On November 9th, the day after the election, the Chief of the OAS Mission will present a preliminary report.
Hillary Clinton leads Donald Trump, 46%-42% natiowide, with data updated Thursday to include two new national surveys taken after Friday's revelation that the FBI would review new emails to assess The Decmocrate candidate's handling of classified material at the State Department.
Central Bank governor and finance ministry are in the process of adjusting their economic policy should the Republican candidate be elected. Mexican Central Bank governor Agustín Carstens, notorious for having stated that a victory for Donald Trump would hit his country like a hurricane, admitted Thursday he is readying a contingency plan for an “adverse” election result in the United States' presidential elections.
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By Kenneth Rogoff
Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits.
The Federal Reserve, on Wednesday following a two-day meeting, and with two members dissenting, left interest rates unchanged but anticipated the FOMC “judges that the case for an increase in the federal funds rate has continued to strengthen, but decided, for the time being, to wait for some further evidence of continued progress toward its objectives”.
The Republican candidate now has a one-point lead in election that is too close to call, according to major survey.Donald Trump has overtaken Hillary Clinton to take a single percentage point lead in a poll by ABC, the first time he has done so since May. Though the result remains within ABC’s margin of error, the broadcaster said the leaders changing places was a noteworthy moment with just a week to go until election day.
The norovirus which has caused havoc to the cruise industry had emerged in Massachusetts waters forcing the closure of shell fishing within Wellfleet Harbor. The ban imposed by the Massachusetts Division of Marine Fisheries (DMF) has been set since October 28, but does not include bay and sea scallop adductor muscles and carnivorous snails, including conchs and whelks.
The US economy grew at the fastest pace in two years in the third quarter, initial figures have indicated. The world's largest economy grew at an annual rate of 2.9% in the three months to September, the Commerce Department said. Analysts had predicted growth of just 2.5%.
Chinese Conglomerate HNA said it paid US$6.5bn for the stake previously owned by Hilton's biggest shareholder Blackstone. Chinese companies have increasingly been investing in tourism-related businesses overseas as more Chinese citizens travel abroad.
The United States is currently in the midst of an epic cheese glut — with 1.2 billion pounds of cheese sitting in cold storage. This in practical terms means every man, woman, and child would have to grab an extra three pounds chair. That’s over and above the 36 pounds of cheese per year the average American already eats.