Decision to revoke visa for Venezuela's ambassador to Washington follows rejection of US choice for Caracas.
The US economic recovery is still too soft to bring down the country's high level of unemployment, the Federal Reserve warned on Tuesday. The central bank made the comment as it reaffirmed its commitment to continue purchasing 600 billion in bonds to stimulate the economy.
US economy grew faster than previously estimated in the third quarter, government data showed, but still not enough to address stubbornly high unemployment. GDP growth was revised up to an annualized rate of 2.5% from 2% as exports together with consumer and government spending were stronger than initially thought.
European Union leaders and President Barack Obama over the weekend made a point of stressing EU/US close ties after a low-key summit in Lisbon ended with a pledge to push for a deal in the Doha trade negotiation next year.
China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.
United States economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department announced Friday. This compares with an annual rate of 3.7% in the previous quarter.
The United States State Department has reversed its decision to deny a visa to a leading Colombian journalist to take up a prestigious fellowship position.
Argentina won a court decision that keeps so-called vulture funds with demands against the country from gaining possession of bonds held in a Buenos Aires government trust account.
United States President Barack Obama received a sobering message from billionaire Warren Buffett when he asked for the investment guru's views about the economic recovery, according to an interview Obama gave NBC News on Thursday.
United States Senate has given final approval to the biggest overhaul of US financial regulation in decades. The reforms are intended to avert a repeat of the 2008 crisis that brought the world economy to the brink of collapse.