United States

United States
Saturday, January 31st 2015 - 09:30 UTC

Despite fourth quarter blip US economy fundamentals remain robust with strong tailwind

Even with the moderation in the fourth quarter, growth remained above the 2.5% pace, which is considered to be the US economy's potential.

US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006. GDP expanded at a 2.6% annual pace after the third quarter's spectacular 5%, the Commerce Department said in its first fourth-quarter GDP snapshot.

Friday, January 30th 2015 - 08:25 UTC

Chavez died December 2012 and not March 2013, says former bodyguard

Leamsy Salazar who fled Venezuela earlier this week said late president Hugo Chávez did not die on 5 March 2013 but on 30 December 2012.

A former bodyguard of Venezuela’s Socialist Party heavyweight Diosdado Cabello Leamsy Salazar, who fled the country earlier this week and was reportedly collaborating with US authorities investigating allegations of Venezuelan officials' involvement in drugs, said late president Hugo Chavez did not die on 5 March 2013 but on 30 December 2012.

Thursday, January 29th 2015 - 08:41 UTC

Federal Reserve pledges to be 'patient' on raising interest rates from record lows

Janet Yellen and her colleagues contained no hint of a big change in Fed policy, but there was an added note of concern about low inflation.

The U.S. Federal Reserve on Wednesday after a two-day meeting reiterated its pledge to be patient and hold off on raising interest rates from the record low levels they’ve been at for the last six years. The Fed also pointed out it was watching “international developments” closely.

Thursday, January 29th 2015 - 06:32 UTC

Raul Castro demands the return of Guantanamo and compensation for US trade embargo

The Cuban president told the Celac summit that “if these problems aren't resolved, this diplomatic rapprochement wouldn't make any sense.”

Cuban President Raul Castro demanded on Wednesday that the United States return the U.S. base at Guantanamo Bay, lift the half-century trade embargo on Cuba and compensate his country for damages before the two nations re-establish normal relations.

Wednesday, January 28th 2015 - 07:21 UTC

US moves into the Caribbean to replace Venezuela as cheap gas supplier

“We (US) have more oil and gas… than all the states in the world combined. Mexico Canada the United States is the new epicenter of energy,” Biden said.

The United States Monday rolled out a new initiative for Caribbean countries to ensure energy security in a move widely seen as distancing the Caribbean from Venezuela for their oil and energy needs.

Saturday, January 24th 2015 - 06:26 UTC

US government and Congress call for a “complete and impartial” investigation into the death of Nisman

”Judicial authorities are investigating his death and we call for a complete and impartial investigation,” US State Department spokeswoman Jen Psaki said

The US government has called for a “complete and impartial” investigation on the death of AMIA special prosecutor Alberto Nisman, who had accused President Cristina Fernandez of covering up the 1994 bombing of the Jewish community centre.

Friday, January 23rd 2015 - 07:04 UTC

US and Cuba agree to continue disagreeing but want to advance

The two sides discussed technical issues that need to be worked out to open embassies but, Jacobson said, “I can’t tell you exactly when that will happen.”

The United States and Cuba fell short of setting dates to reopen embassies but agreed to meet again to overcome deep rifts after they wrapped up historic talks aimed at normalizing relations.

Friday, January 23rd 2015 - 06:03 UTC

US Ambassador Mamet presents credentials and meets with Timerman

“Honored to represent the US in Argentina” said Mamet, seen here shaking hands with foreign minister Timerman

US ambassador to Argentina Noah B. Mamet held his first meeting with Foreign Minister Hector Timerman at the Foreign Ministry on Wednesday afternoon after he arrived in Buenos Aires on Friday of last week.

Thursday, January 22nd 2015 - 06:26 UTC

US/Cuba talks take off and are described as “productive and constructive”

“Cuba aspires to have a normal relationship with the United States, in the broader sense but also in the area of migration”, pointed out Ms Vidal

US and Cuban officials launched historic talks to shed their Cold War-era hostility on Wednesday, complimenting each other on the first day's progress despite persistent differences over migration policy.

Wednesday, January 21st 2015 - 08:03 UTC

Obama pledged 'middle-class economics' but faces a Republican congress

In a speech which he described as more focused on values than policies, Obama declared America had turned a page after the worst recession since Depression.

US President Barack Obama has declared an end to the financial crisis and pledged economic policies to benefit all Americans, in his annual State of the Union address to Congress. In a speech devised to appeal to working families, Mr Obama outlined his strategy for “middle-class economics”.

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