United States

United States
Friday, December 18th 2015 - 08:36 UTC

Putin looks to the mirror and praises Trump as “talented and outstanding”

“He is a very outstanding man, unquestionably talented,” Putin told journalists after his annual press conference in Moscow.

Russian President Vladimir Putin on Thursday described US Republican presidential hopeful Donald Trump as “talented” and “outstanding,” welcoming his stance on Russia.

Friday, December 18th 2015 - 08:09 UTC

US and Havana deal on regular flights, a boom for tourism, but does Cuba have the infrastructure

The deal opens the way for U.S. airlines to negotiate with Cuba for 20 routes a day to Havana and 10 to each of Cuba's other nine major airports

United States and Cuba have reached a deal to allow as many as 110 regular airline flights a day, allowing a surge of American travel to Cuba that could eventually flood the island with hundreds of thousands more U.S. visitors a year, officials said Thursday on the anniversary of detente between the foes.

Thursday, December 17th 2015 - 07:33 UTC

Congress/Obama deal includes voting for the long stalled IMF quota reforms

The 2010 reforms called for a doubling of the IMF's quotas, to give countries such as China a greater say at the fund.

The United States Congress has taken a step closer to granting long-awaited approval to reforms of the International Monetary Fund that would give China and other emerging economies a greater voice in shaping the institution's policies.

Thursday, December 17th 2015 - 03:40 UTC

Fed hikes rate to 0.25% in unanimous decision; positive reaction from markets

“The first thing that Americans should realize is that the Fed's decision today reflects our confidence in the U.S. economy,” Fed Chair Janet Yellen said

The United States Federal Reserve on Wednesday delivered its first interest rate hike since 2006, with the decision a unanimous one. The central bank raised its key federal funds rate to 0.25%, up from at or near zero percent for the last seven years.

Friday, December 11th 2015 - 12:04 UTC

Venezuelan subsidized oil sales to the Petrocaribe program on a tight rope

Deputy National Security Adviser Ben Rhodes said that U.S. might be able to provide some “resources” to the 17 countries affected if the program is cut

If the newly elected Venezuelan National Assembly votes to cancel that country's program of subsidized oil sales to Caribbean and Central American nations, the United States will not be able to substitute U.S. oil for Venezuelan oil, a senior U.S. official warned this week.

Wednesday, December 9th 2015 - 08:17 UTC

Malcorra does not discard a trade agreement with US; Obama could visit Argentina next year

”The FTAA is not a bad word, if we find an articulation that allows us to relate in the best way on behalf of the interests of our country”, said Malcorra

Argentina's foreign minister-designate Susana Malcorra said the FTAA (Free Trade Area Of the Americas) is not a bad word suggesting the country could eventually sign a free trade deal with the United States in the future. She also referred to the Falklands/Malvinas dispute, “an urgent claim” but focusing on things in common and “not differences”.

Monday, December 7th 2015 - 07:03 UTC

'A great number of US corporations will be reinvesting in Argentina', forecasts ambassador Mamet

“We’re pleased with the talents brought together for his Cabinet and visible in the rest of his advisers,” the US ambassador to Buenos Aires said.

United States ambassador to Argentina, Noah Mamet, in a lengthy interview with the La Nacion daily, praised the election of Mauricio Macri and figures of his cabinet and stressed that the US government was anxious to begin working together.

Sunday, December 6th 2015 - 12:36 UTC

U.S. manufacturing contracts for the first time in three years, a survey shows

The ISM index for the manufacturing sector dropped to 48.6 in November from an October reading of 50.1 that was just a tick inside growth territory.

United States manufacturing activity contracted for the first time in three years in November under pressure from falling energy prices, the stronger dollar and slowing global growth, a survey shows.

Saturday, December 5th 2015 - 06:42 UTC

Positive US jobs data paves the way for the Fed to raise interest rates

On Thursday, Fed Chair Janet Yellen's signaled to a joint Congressional committee that the Federal Reserve was on track for a December rates rise.

US jobs growth remained solid in November as the economy added 211,000 jobs, slightly above expectations. The data, from the Bureau of Labor Statistics, also showed the jobless rate held at its seven-and-a-half year low of 5%. Construction, food services and retail sectors all saw healthy job increases.

Thursday, December 3rd 2015 - 08:11 UTC

Macri names ambassadors to Washington and Montevideo

The appointment was decided after a meeting Lousteau held with the new cabinet chief Marcos Peña and future Foreign Affairs Minister Susana Malcorra

President-elect Mauricio Macri named ambassador to Washington and Montevideo. Lawmaker Martín Lousteau will be Argentina's next ambassador in the US. He will replace Cecilia Nahón, who submitted her resignation on Monday. The appointment was decided after a meeting Lousteau held with the new cabinet chief Marcos Peña and the future Foreign Affairs Minister Susana Malcorra, a Let’s Change statement affirmed.

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