United States

United States
Wednesday, February 25th 2015 - 05:27 UTC

Argentina will appeal on Thursday Judge Griesa's 'contempt of court'

Kicillof said the 2nd US Circuit Court of Appeals in New York has sent no “warning” to Argentina regarding a contempt order

The Argentine government will present on Thursday its appellant’s brief over the contempt of court ordered by New York Judge Thomas Griesa, the Economy Ministry has confirmed. Griesa had ruled Argentina in contempt of his orders due to working on a plan to shift control over payments of its restructured debt to Buenos Aires.

Monday, February 23rd 2015 - 06:44 UTC

US Justice will release confidential information on a Kirchner´s family business associate

Public works tycoon Lazaro Baez, a close business associate of the Kirchner family is suspected of laundering US$65 million of funds for the Argentine government.

United States Justice authorized the release of confidential information on the investigation of 123 companies allegedly linked to Argentine public works tycoon Lázaro Baez, a close business associate of the Kirchner family and which holdout funds that are suing Argentina in New York court suspect were used to launder US$65 million of funds for the federal government.

Saturday, February 21st 2015 - 05:17 UTC

Argentina suggests Judge Griesa to remove Pollack, since he favors 'holdouts'

”It is very clear where Pollack stands, in favor of the vulture funds (holdouts) and if he takes his coat off you can see his feathers”, argued Kicillof

Argentina's Economy minister Axel Kicillof suggested on Friday that no negotiation is possible with the holdout funds as long as 'special master' appointed by US Judge Thomas Griesa continues in his post, since ”he clearly favors 'vulture funds' (holdouts)”.

Saturday, February 21st 2015 - 04:40 UTC

US top news figure admits he never was in the Falklands during the 1982 war

O'Reilly said what he meant by ”active war zones ... (in) the Falklands” was the tumultuous street demonstrations in Buenos Aires that erupted after the war.

Another United States prominent TV news figure has been accused of exaggerating his exploits while covering combat situations: this time it's Fox News' Bill O'Reilly and refers to his alleged coverage of the Falklands' war in 1982.

Friday, February 20th 2015 - 17:15 UTC

Drug-resistant 'superbug' scare in Los Angeles following several infections

The hospital system said it had been sterilizing the scopes according to the manufacturer's standards but was now using a more rigorous process.

A large Los Angeles public hospital has notified scores of patients they were possibly exposed to a drug-resistant bacteria “superbug” during endoscopy procedures that infected seven patients and may have contributed to two deaths.

Friday, February 20th 2015 - 04:34 UTC

Fed latest minutes indicate “patience” prevails before a rise in interest rates

The Fed has kept its benchmark interest rate at zero since late 2008, when it slashed rates to boost the economy.

Officials at the United States Federal Reserve are unlikely to raise interest rates soon, the latest minutes from the bank's January meeting have revealed. Policymakers worried about lower-than-expected inflation as well as slow wage growth in the US economy, the world's largest.

Friday, February 20th 2015 - 04:27 UTC

Bitter frigid air causes record breaking temperatures in East US and Canada

In Atlanta, temperatures dipped to 15F overnight and officials were trying to determine whether two people found dead had been killed by the cold.

Bitterly cold air from Siberia has brought dangerously frigid and likely record-setting temperatures to the eastern half of the US. Temperatures are 20 to 40 degrees F below normal for February from the Mid-Atlantic to the South.

Monday, February 16th 2015 - 08:20 UTC

US icebreaker Polar Star rescues Australian longliner trapped in Antarctic ice

The 63-metre Antarctic Chieftain longliner damaged its propeller after hitting an iceberg and was stranded about 1,500 kilometres NE of McMurdo Sound

An Australian fishing vessel that was stranded in Antarctic ice for a week with a damaged propeller is expected to make its way to New Zealand under its own power.The 63-metre Antarctic Chieftain longliner damaged its propeller after hitting an iceberg and was stranded about 1,500 kilometres north-east of McMurdo Sound with 26 people on board.

Saturday, February 14th 2015 - 06:59 UTC

Maduro claims a coup attempt was foiled, and blames the US

“We have foiled a coup attempt against democracy and the stability of our homeland” said Maduro on national television

Venezuelan president Nicolas Maduro Thursday night went on the air and said the intelligence services had foiled a coup and arrested multiple people who were behind the attempt, which was backed by the United States.

Friday, February 6th 2015 - 23:10 UTC

US reports strong surge in employment and wages during January

January marked the 11th straight month of job gains above 200,000, the longest streak since 1994.

United States employment rose solidly in January and wages rebounded strongly, a show of underlying strength in the economy. Nonfarm payrolls increased 257,000 last month, the Labor Department said on Friday.


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