The leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called ‘fiscal cliff’ is the biggest short-term threat to global growth.
By Rengaraj Viswanathan - In India, people are amused and puzzled, depressed and disinterested and occasionally inspired by the long and loud, colourful and typical American show that goes by the name of the presidential election.
The US stock market slowly returned to life on Wednesday after two days in the dark, in the wake of the massive storm Sandy that caused the market's first weather-related two-day closure since the late 19th century.
In its last meeting before the November 6 presidential election, the Federal Reserve confirmed its current fresh-money support program for the recovery of the US economy arguing that growth continues slowly and unemployment rate remains elevated.
Argentine political analyst and historian Rosendo Fraga writes about the US presidential elections and their global impact, plus underlining some interesting facts about the country’s population and religion trends and their impacts.
The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.
President Barak Obama ends his four years in January with free trade and security, particularly in Central America, as pending issues to develop in Latin America, said Assistant Secretary of State for Western Hemisphere Affairs Roberta Jackson in a press round with foreign correspondents.
Energy is key to economic development and political stability, US Secretary of State Hillary Clinton said on Thursday, citing example of developing countries like India and China where energy needs are growing rapidly along with their economies.
Argentina’s sovereignty claim over the Falklands/Malvinas Islands continues to generate discrepancies among countries of the Americas, as was exposed in the Declaration of Punta del Este, at the end of the X Conference of Defence Ministers of the Americas which took place in Uruguay.
A rare US outbreak of fungal meningitis linked to steroid injections has claimed four more lives with Florida the latest state to report at least one death linked to the illness in a widening health scare, authorities said on Tuesday.