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Seeking to warm bilateral ties and project a sunny climate for U.S. business, Chinese President Xi Jinping vowed on Wednesday to cut restrictions on foreign investment, while his chief Internet regulator appeared to lay the groundwork for a basic agreement later this week on cyber warfare.
Pope Francis on his first full day in the United States addressed several controversial issues when delivering two big speeches that referred to climate change, religious liberty, immigration, and abortion.
Pope Francis on Tuesday afternoon touched down at Joint Base Andrews to begin a historic six-day, three-city visit that will have political, diplomatic and spiritual ramifications. Breaking from the usual protocol for a state visit, President Obama and Vice President Biden chose to greet the papal plane before Francis departed in a hatchback Fiat to begin his tightly scheduled, carefully choreographed and highly anticipated visit.
The United States on Friday issued regulations easing restrictions on US companies seeking to do business in Cuba and opening up travel in the latest action to weaken the trade embargo amid warming relations with the Castro brothers regime.
The former Chargé d'affaires at the Cuban Embassy in the United States, Jose Cabañas, on Thursday presented his diplomatic credentials as ambassador to U.S. President Barack Obama in a new step toward the normalization of bilateral relations.
The US Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. In what amounted to a tactical retreat, the US central bank said an array of global risks and other factors had convinced it to delay what would have been the first rate hike in nearly a decade.
Consumer prices in the United States fell in August as petrol prices dropped and a strong dollar curbed the cost of goods, the US Department of Labor has said. The Consumer Price Index (CPI) slipped 0.1% last month, the first decline since January. But in the 12 months to August, the CPI rose 0.2% after a similar gain in July.
US Republican presidential hopeful Jeb Bush has picked the UK's former Prime Minister, Margaret Thatcher, as his choice for the face of the $10 bill. The former Florida governor made the surprise suggestion during a televised debate for the top Republicans vying for the presidential nomination.
The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.
Republican front-runner Donald Trump has bowed to pressure from the party establishment and signed a pledge not to run as an independent candidate in the November 2016 presidential election.