United States

Thursday, October 23rd 2014 - 21:26 UTC
Slumping oil prices are putting pressure on U.S. shale operations

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. 17, compared to the prior week. There are now 1,590 active oil rigs, the lowest level in six weeks.
Thursday, October 23rd 2014 - 05:57 UTC
US Appeals court sends Argentina back to Judge Griesa on BONY's case

A U.S. appeals court on Wednesday dismissed the Argentine government's appeal of an order directing Bank of New York Mellon Corp to hold onto 539 million dollars the country deposited for its restructured bondholders.
Sunday, October 19th 2014 - 07:27 UTC
Yellen warns about the rich-poor gap in the US, at a near 100-year high

Federal Reserve chief Janet Yellen warned Friday that the gap between the rich and poor in the United States is widening and has reached a near 100-year high. In a speech at a conference on inequality in Boston, the Fed chair did not mention monetary policy nor the current turmoil in financial markets. Instead, she focused on the widening wealth disparity and how that impacts economic opportunity.
Saturday, October 18th 2014 - 08:13 UTC
Ebola scare reaches cruise industry: Carnival vessel barred from Mexico and Belize

A laboratory technician from the Dallas hospital where a Liberian died of the Ebola virus, and who handled some of his fluid samples for analysis, has been placed in quarantine aboard a cruise ship, the State Department said on Friday.
Monday, October 13th 2014 - 07:10 UTC
Racial tension erupts in St Louis as heavy handed police arrest demonstrators

Riot-gear clad police arrested at least 17 people on Sunday after they refused orders to disperse from a spontaneous sit-in outside a convenience store in St. Louis during a weekend of otherwise peaceful protests against police violence.
Monday, October 13th 2014 - 07:04 UTC
Head of Pentagon underlines military partnership of the US with Chile

US Defense Secretary Chuck Hagel met with government leaders in the Chilean capital of Santiago on Sunday to discuss deepening the U.S. military partnership with Chile.
Monday, October 13th 2014 - 06:54 UTC
US against China proposal to create a regional development bank for Asia

For almost a year, China has been pitching an idea to its neighbors in Asia: a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region.
Saturday, October 11th 2014 - 08:10 UTC
On Columbus Day, “we also pay tribute to the legacy of Native Americans”

Proclamation by Barack Obama - When Christopher Columbus -- a son of Genoa, Italy -- set sail across the Atlantic, no one could imagine the profound and lasting impact he would have on the world. In search of a westward route to Asia, he instead spotted the Bahamas. As dawn broke on October 12, 1492, Columbus's crew set foot on a Caribbean island and changed the course of history. For much of Europe, this marked the discovery of the New World, and it set in motion the more than five centuries that have followed.
Saturday, October 11th 2014 - 03:24 UTC
Special Master Pollack to meet with Argentina's and holdout lawyers next week

A United States court-appointed mediator said on Friday he would hold a meeting next week between lawyers for Argentina and 'holdout' creditors suing the country in a longstanding dispute over defaulted debt.
Saturday, October 11th 2014 - 01:47 UTC
UN Human Rights Council calls for immediate release of Venezuelan dissident Leopoldo Lopez

The United Nations adopted a resolution Wednesday decreeing the Venezuelan government should immediately release Leopoldo Lopez, the opposition leader who has been imprisoned for almost nine months in connection to the violent protests in Caracas in February.