United States

United States
Friday, March 18th 2016 - 05:49 UTC

Fed cautious on global economy uncertainties leaves rates unchanged: markets react positively

“Proceeding cautiously will allow us to verify that the labor market is continue to strength given the economic risk from abroad,” said Fed Chairman Janet Yellen.

US markets rose on Wednesday, following the decision by the Federal Reserve to keep interest rates unchanged and a statement indicating the rate would only rise twice in 2016. The Dow Jones industrial average climbed 79.64 points to 17,331.17. The S&P 500 gained 11.68 points to 2,027.61, while the tech-focused Nasdaq index was up 35.30 at 4,763.97.

Friday, March 18th 2016 - 05:40 UTC

Obama should fully reveal documents from Argentina's 1976/1983 dictatorship and the US role, says NYT

President Obama “should make a pledge that Washington will more fully reveal its role in a dark chapter of Argentine history”

The New York Times published on Thursday an editorial in which the newspaper referred to president Barack Obama’s visit to Argentina next week and the role played by the United States in the country’s 1976-1983 civil-military dictatorship, saying the president of that country “should make a pledge that Washington will more fully reveal its role in a dark chapter of Argentine history.”

Thursday, March 17th 2016 - 08:08 UTC

Obama challenges Republicans and names veteran judge to the Supreme Court

Considered a moderate, Garland, 63, is chief judge of the US Court of Appeals for the District of Columbia. He was picked to replace long-serving Justice Scalia

President Barack Obama nominated veteran appellate court judge Merrick Garland to the US Supreme Court on Wednesday setting up a potentially ferocious political showdown with Senate Republicans who have vowed to block any Obama nominee.

Monday, March 14th 2016 - 23:36 UTC

Argentina not planning a trade deal with the US, “it's a joint task for Mercosur”

“Mercosur as such could advance on this kind of trade deal, and we're talking about it but the reading of the talks is so say the least, hasty”, said Malcorra

It would be 'hasty' to consider that Argentina is ready to sign a trade agreement with the United States, but in any case the issue must be addressed by Mercosur, and it's the whole group that should advance in that direction, said Argentina's foreign minister Susana Malcorra.

Sunday, March 13th 2016 - 22:22 UTC

Argentine bonds: US Appeals court puts on hold Judge Griesa's lifting of injunctions

The Second US Circuit Court of Appeals confirmed the March 2 ruling by Griesa until it could hear an appeal by creditors opposed to the lifting of the injunctions.

United States appeals court put on hold a United States District Judge Thomas Griesa ruling lifting injunctions that have restricted Argentina from paying off some debts in light of the country’s US$6.5 billion offer to settle litigation over bonds in default since 2002.

Thursday, March 10th 2016 - 05:40 UTC

American Airlines axes Caracas New-York until market conditions improve

In January the Forth Worth-based company wrote off $592 million, stuck in Venezuela due to the government's failure to exchange it for hard currency.

American Airlines said this week it will ax its Caracas to New York route on April 4 due to low demand just over three months after reinstating it. The surprise move comes amid a years-long battle between American Airlines Group and the Venezuelan government in which the world's largest airline says it has not been able to repatriate revenue.

Thursday, March 10th 2016 - 05:03 UTC

United States joins worldwide effort against illegal fishing

FAO is a strong partner in the promotion of sustainable fisheries, and we look forward to continuing to collaborate, US Ambassador Lane pointed out.

The United States has brought added momentum to global efforts targeting illegal fishing by adhering to a FAO-brokered international pact.US Ambassador to the United Nations agencies in Rome, David Lane, this week formally presented FAO Director-General José Graziano da Silva with the US' instrument of ratification of the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing.

Tuesday, March 8th 2016 - 08:08 UTC

Bloomberg fears a three way race could help Trump, and gives up idea of running as an independent

While denouncing candidates Trump and Cruz, Bloomberg explained he fears that a three-way race could lead to the GOP front-runner winning the White House.

Michael Bloomberg has decided against throwing his hat in the United States 2016 presidential ring. On Monday, March 7, the former New York City mayor, 74, penned a lengthy explanation on his website The Bloomberg View. as to why he will not run for president.

Saturday, March 5th 2016 - 06:29 UTC

US jobs market in February underlines strength of the economy

 The unemployment rate was unchanged from January at 4.9% - an eight-year low. The  year-on-year growth in average hourly earnings slowed to 2.2% last month

The United States economy added 242,000 jobs in February, far better than the 190,000 expected by economists. The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year. Another 30,000 jobs were also added to the previous estimates for December and January.

Thursday, March 3rd 2016 - 04:47 UTC

Republicans work out strategy to stop Trump in Ohio and Florida primaries

Republicans and allies hope to unleash a TV campaign aimed at battering Trump, hoping that could help Kasich win Ohio and Rubio his home state of Florida

Following on Donald Trump's sweeping win on “super-Tuesday” Republican strategists are planning support for Ohio governor John Kasich so he can take his state presidential primary on 15 March and similarly with hopeful Senator Marco Rubio in his home state of Florida.

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