Tag: United States

Wednesday, April 11th 2012 - 17:04 UTC
US and EU considering WTO actions against Argentine ‘protectionist practices’

The US and forty countries which formalized a joint statement before the World Trade Organization complaining about Argentina’s trade restrictions are considering moving a step further and begin a “disputes settlement” process which could lead to an open condemnation if the administration of President Cristina Kirchner does not lift the protectionist network.
Wednesday, April 11th 2012 - 13:24 UTC
Hillary says US interested in “a 21st century partnership” with Brazil

Secretary of State Hillary Clinton described Brazil as a “responsible country” in world affairs and praised Brazil’s “growing impact in global stability and security”, during an event at the US Chamber of Commerce.
Wednesday, April 11th 2012 - 00:38 UTC
Bernanke says more bank regulation is needed to ensure stable financial system

US Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions.
Wednesday, April 11th 2012 - 00:30 UTC
IMF analyzes impact of household debt and soaring house prices on recessions

Housing busts and recessions are more severe and last for at least five years when they follow a big run-up in household debt, according to a study released by the International Monetary Fund. For that matter, the IMF has urged governments to consider “bold” interventions to reduce household debt levels and stimulate growth.
Tuesday, April 10th 2012 - 07:10 UTC
Rousseff complains about US expansionist monetary policy during meeting with Obama

Brazilian president Dilma Rousseff complained about US monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the continent’s biggest economies.
Tuesday, April 10th 2012 - 05:32 UTC
US and Brazil plan to exchange toasts with cachaça and Tennessee whiskey

US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
Monday, April 9th 2012 - 05:52 UTC
Brazilian president expected to emphasize on trade, investments and technology

In spite of disagreements in several issues, President Dilma Rousseff during her meeting on Monday at the White House with her peer Barack Obama is expected to insist on the need to join efforts in combating the world economic crisis and particularly monetary instability originated in the manipulation of foreign currency exchanges, which the Brazilian describe as a “monetary tsunami”.
Monday, April 9th 2012 - 02:44 UTC
Rousseff arrives at the White House for a good family photo, but not much more

Brazilian president Dilma Rousseff begins Monday a two day to the United States with the purpose of improving bilateral political, trade and investment relations as well as continuing on the agenda worked out for when President Obama’s visit to Brazil last year.
Saturday, April 7th 2012 - 07:07 UTC
Obama administration sides with Argentina in case filed by ‘vulture funds’

The US has sided with Argentina and asked a federal appeals court to reverse lower-court rulings stemming from bond holders’ attempts to collect on judgments against the Argentine Republic.
Thursday, April 5th 2012 - 23:16 UTC
United Airlines inaugurates daily non-stop service between Newark and Buenos Aires

United Airlines will begin daily non-stop service between its hub at Newark Liberty International Airport and Buenos Aires, Argentina's, Ministro Pistarini (Ezeiza) International Airport on April 6.