US President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of spending cuts and deficit reduction.
The United States is concerned for the health of President Hugo Chavez and wishing a speedy recovery, but the succession situation in Venezuela “is an issue for Venezuelans to decide” and it should be done in a manner “that includes all the voices in the discussion”, said State Department spokesperson Victoria Nuland on Tuesday.
The US government approved the designation of Cecilia Nahón as the next Argentine Ambassador to the US, leading to her official appointment in the post, according to a release from the Foreign Ministry in Buenos Aires.
Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day.
US President Barack Obama has nominated Senator John Kerry to succeed Hillary Clinton as his next secretary of state. Mr Obama said Mr Kerry's “entire life” prepared him for the role, and praised him for the “respect and confidence” he has earned from world leaders.
US consumers prices fell in November due to a sharp drop in petrol prices, according to official figures, as inflation in the economy remained weak. The consumer price index fell 0.3% from October, the first decline since May, the US Labour Department said.
In terms of outbound travel South Americans are ahead of everyone else in the Americas. In 2012, they undertook 12% more trips abroad than last year, marking a new record. The country clearly driving growth is Brazil.
The US Federal Reserve has said it plans to keep interest rates at close to zero at least until the US unemployment rate falls below 6.5%. The Fed previously had a date-driven target, rather than a data-driven one.
The European Union, the US and Japan have jointly asked the World Trade Organization to rule in a protracted trade dispute with Argentina. They criticize what they believe are unfair import restrictions and protectionism.
Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.