US Acting Assistant Secretary of State for Western Hemisphere Affairs Roberta S. Jacobson travels this week to Peru and Argentina to meet with government, business, and civil society members in these key regional partners.
The growth of US government debt relative to GDP is clearly unsustainable, Federal Reserve Chairman Ben Bernanke said in a congressional testimony.
The US administration of President Barack Obama formally unveiled on Wednesday the “Buffett rule”, legislation to ensure that all millionaires would pay a minimum federal tax of 30%.
The US will seek to wind down combat operations in Afghanistan during 2013, more than a year before a deadline for withdrawal, the defence secretary says. Speaking while travelling to a Nato summit, Leon Panetta said the US hoped to switch to a role training and supporting Afghan forces.
The US economy grew at its fastest pace in one and a half years in the fourth quarter of 2011, but a strong rebuilding of stocks by businesses and a slower pace of spending on capital goods hinted at softer growth early this year.
President Barack Obama has attacked income inequality as he set the tone for his re-election bid in his third State of the Union speech. Obama emphasised the importance of an economy that works for everyone, in the nationally televised address to Congress.
The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran’s nuclear development program.
United States and the Russian Federation will send a joint team to inspect foreign stations, installations and equipment in Antarctica from January 23 to January 28, 2012. The inspection will be conducted pursuant to the Antarctic Treaty of 1959 and its Environmental Protocol.
US President Barack Obama formally notified Congress that he plans a 1.2 trillion dollars increase in the US debt limit, setting the stage for Republicans to level election-year charges that deficits are out of control.
United States sent a strong message to Latin American countries preparing to host Iranian president Mahmoud Ahmadinejad saying Washington’s policy regarding the Teheran regime is “very well known”.