Tag: United States

Wednesday, March 4th 2020 - 06:58 UTC
Fed emergency intervention to address potential economic toll of the coronavirus outbreak

The Federal Reserve on Tuesday cut interest rates amid concern about the potential economic toll of the coronavirus outbreak. The Federal Open Market Committee (FOMC), which sets Fed interest rates, announced it would cut its baseline rate range by 0.5 percentage points to a 1 to 1.25 percent spread.
Tuesday, February 25th 2020 - 07:31 UTC
Argentine ambassador in US meets Secretary of State Mike Pompeo

Argentine ambassador in Washington Jorge Argüello held a meeting on Monday with Secretary of State Mike Pompeo, with the purpose of strengthening bilateral relations and which was described as “highly productive”.
Tuesday, February 25th 2020 - 06:40 UTC
Goldman Sachs facing charges in Malaysia for misleading investors on a US$ 6,5bn bond sale

Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding US$6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on Monday.
Tuesday, February 25th 2020 - 06:38 UTC
Trump receives a hero's welcome in Gujarat, India, Prime Minister Modi's home state

Emerging in a stadium to the appropriate strains of the Village People's “Macho Man” as 100,000 people cheered on, US President Donald Trump looked like he was at a campaign rally in America's Midwest.
Saturday, February 22nd 2020 - 09:17 UTC
“El Menchito”, son of a powerful Mexican drug lord extradited to the US

The son of a powerful Mexican drug lord was this week extradited to the United States, where he is wanted for trafficking, a government source revealed. Ruben Oseguera Gonzalez, known as “El Menchito,” “was extradited this day on the charge of conspiracy to smuggle drugs” into US territory, said the source, speaking on condition of anonymity.
Friday, February 21st 2020 - 08:33 UTC
US government expects China to honor its commitment to buy more US goods despite COVID-19

The US government expects China to honor its commitments to buy more US goods under a trade deal signed by the world's two largest economies in January despite the fast-spreading coronavirus outbreak, a senior US official said on Thursday.
Thursday, February 20th 2020 - 08:25 UTC
Beijing/US media war: three WSJ newsroom journalists expelled over an OPED column

China on Wednesday ordered three reporters from The Wall Street Journal to leave the country over what Beijing deemed a racist headline, in one of the harshest moves against foreign media in years.
Thursday, February 20th 2020 - 08:14 UTC
China back in the market for US agricultural commodities

China is back in the market for US agricultural commodities after issuing a list of products that will be eligible for tariff waivers, according to market sources. US exporters sold at least two sorghum cargoes to China after buyers bid for supplies to be shipped in the first half of the year. Importers also inquired about soybeans on Wednesday, a day after asking about wheat prices in a move that sent Chicago futures rallying.
Thursday, February 20th 2020 - 07:53 UTC
US considers five China state run media entities as “foreign missions” and must register with the State Department

The United States will begin treating five major Chinese state-run media entities with U.S. operations as “foreign missions” and operatives of Beijing’s government, requiring them to register their employees and U.S. properties with the State Department.
Thursday, February 20th 2020 - 07:35 UTC
Utah Senate unanimously approves decriminalizing polygamy among consenting adults

$The bill, which would treat the offense of plural marriage as a simple infraction on par with a parking ticket, now moves to the Utah House of Representatives$

The Utah State Senate voted unanimously on Tuesday effectively to decriminalize polygamy among consenting adults, reducing penalties for practice with deep religious roots in the predominantly Mormon state.