Tag: United States

• Sunday, April 24th 2016 - 09:03 UTC

  Anti/slavery crusader Harriet Tubman will command the $20 dollar bill

  

  Anti-slavery crusader Harriet Tubman will become the first African-American to be featured on the face of US paper currency when she replaces President Andrew Jackson on the $20 bill. She will also be the first woman on US paper currency in more than a century.

• Sunday, April 24th 2016 - 08:26 UTC

  International major effort to cooperate on tax issues and halt evasion and elusion

  

  The International Monetary Fund and the World Bank are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.

• Saturday, April 23rd 2016 - 07:33 UTC

  As your friend, let me say that the EU makes Britain even greater

  

  By Barack Obama, President of the United States - In 1939, President Franklin D Roosevelt offered a toast to King George VI in the White House. “I am persuaded that the greatest single contribution our two countries have been enabled to make to civilisation, and to the welfare of peoples throughout the world,” he said, “is the example we have jointly set by our manner of conducting relations between our two nations.”

• Friday, April 22nd 2016 - 15:51 UTC

  Carnival cruise to Havana triggers controversy with Cuban/Americans who allege discrimination

  

  A federal lawsuit is claiming that Carnival Corporation is discriminating against Cuban-Americans who weren’t allowed to book tickets on a cruise to the Castro brothers dominated country. CNN reports that when Carnival announced plans for a cruise ship from its Fathom line to sail from Miami to Havana in May, Francisco Marty jumped at the opportunity to surprise his children with a trip back to their native land.

• Friday, April 15th 2016 - 09:04 UTC

  US regulators reject “too big to fall” banks proposals in case of another major 'blackout'

  

  US regulators have rejected the plans of five big US banks for closing their operations in the event of a crisis. Banks labeled “too big to fail” must have a so called “living will” that would allow them to close down without the help of public money. Bank of America, Bank of New York Mellon, JPMorgan Chase, State Street and Wells Fargo have until 1 October to submit improved plans.

• Friday, April 15th 2016 - 08:47 UTC

  US cautions Caribbean BOTs about whom they give their passports

  

  The United States Government has cautioned Caribbean countries offering a Citizenship by Investment Program (CIP) to be extra cautious about who they give their passports to, and ensure that recipients have no terrorist or crime links. It gave the advice, in a statement issued by the US Embassy in Barbados, even as it made it that it was not advising regional countries on whether or not they should offer economic citizenship.

• Saturday, April 9th 2016 - 14:59 UTC

  Panama Papers: EU warning; questions why no US or German prominent names have surfaced

  

  A European Union official threatened to sanction Panama and other nations if they don’t cooperate fully to fight money laundering and tax evasion, after a leak of data showed the small country remains a key destination for people who want to hide money.

• Wednesday, April 6th 2016 - 07:57 UTC

  Obama on Panama Papers: “a lot of it is legal, but that's exactly the problem”

  

  United States President Obama hailed new Treasury Department rules cracking down on corporate tax inversions Tuesday, calling the practice of merging with a foreign company to escape U.S. taxes “one of the most insidious tax loopholes out there.”

• Tuesday, April 5th 2016 - 05:53 UTC

  US looking for evidence of corruption and violation of US law in Panama Papers

  

  The United Stated Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a department spokesman said on Monday. The department is determining whether the documents point to evidence of corruption and other violations of US law.

• Sunday, April 3rd 2016 - 07:43 UTC

  US economy gains confidence: 215.000 more jobs in March and 1.4% growth in fourth quarter

  The US economy added 215,000 jobs in March, a little less than it did in February when 242,000 jobs were created. The unemployment rate has risen to 5% from 4.9%, which was an eight-year low, but the Labor Department said more Americans were finding jobs, which suggested a sign of confidence in the US economy. In effect this follows the report on the US economy which grew at an annualized rate of 1.4% in the fourth quarter of 2015s.