Tag: United States

Thursday, July 15th 2010 - 06:19 UTC
US May trade deficit, the highest in last 18 months

US trade deficit widened to its highest level in 18 months in May, driven by demand for imported cars, computers and clothing. The deficit increased by 4.8% to 42.3 billion US dollars, the largest since November 2008, Commerce Department data showed.
Saturday, July 10th 2010 - 07:41 UTC
US no longer world’s great consumer; needs to target sustainable debt, says IMF

The US economy is recovering after the global economic crisis, but consumers and financial institutions remain cautious as weak housing markets, high unemployment, and risks in Europe remain a concern, the IMF staff said in a press conference that followed its annual review of the world’s largest economy.
Wednesday, July 7th 2010 - 06:01 UTC
Retrurn of Honduras to OAS, is “only a matter of time”

United States Under-secretary of State for Hemisphere Affairs, Arturo Valenzuela, said Honduras' re-incorporation to the Organization of American States (OAS) “is progressing” and that it is only “a matter of time.”
Tuesday, June 29th 2010 - 05:38 UTC
Obama to host 18 African nations’ 50th independence celebration

US president Barack Obama whose father was from Kenya will be hosting next August a major event to celebrate the 50 years of independence of eighteen African countries, according to US sources.
Monday, May 24th 2010 - 01:56 UTC
US-China “top-level” summit talks in Beijing to address world affairs

US Secretary of State Hillary Clinton pressed for greater commercial access for US businesses in China on Sunday, urging Beijing for a “level playing field”. Ms Clinton spoke to US and Chinese business executives in Shanghai, following a tour of the World Expo.
Tuesday, May 18th 2010 - 18:14 UTC
Peruvian president criticizes spiralling military expenditure in South America

Peruvian president Alan Garcia criticized spiralling military expenditure in South America, a fact he linked to the recently created Union of South American Nations, Unasur.
Saturday, May 15th 2010 - 04:23 UTC
Hillary Clinton and Hague Reaffirm “Unbreakable Alliance”

US Secretary of State Hillary Rodham Clinton and new British Foreign Minister William Hague met on Friday in Washington, vowing to strengthen the U.S.-Britain strategic alliance on addressing common challenges.
Friday, May 14th 2010 - 04:15 UTC
Unemployment Benefits Filing Dips but Labour Market Remains Weak

The number of US workers filing for unemployment benefits dipped again last week but by a tiny margin that experts say does not signal a strengthening of the US labor market.
Friday, May 14th 2010 - 04:10 UTC
Home Repossessions in the US Hit Record High; Candle at the End of the Tunnel

The number of US homes being repossessed hit an all-time high last month, but is set to start falling, says the body that tracks the figures. Banks took control of 92,432 properties in April, up 1% from March, and a 45% rise from a year earlier, said RealtyTrac.
Friday, May 14th 2010 - 04:05 UTC
US Looking into Possible Banks-Credit Rating Agencies Collusion

Eight banks are facing a US investigation into the rating of their mortgage products, the BBC understands. New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain better ratings for risky securities.