Tag: United States

• Wednesday, April 28th 2010 - 01:04 UTC

  Bernanke Warns White House About Failure to Reduce Federal Budget Deficit

  

  Federal Reserve Chairman Ben S. Bernanke said a failure to reduce the federal budget deficit may push up interest rates over time and impair economic growth, putting the recovery at risk.

• Tuesday, April 27th 2010 - 22:06 UTC

  US Senate Claims Goldman Sachs Knowingly Profited from Mortgage Collapse

  

  The chairman of an inquiry into the causes of United States' financial meltdown has attacked the role of Goldman Sachs. Senator Carl Levin spoke of the reckless greed that infected Wall Street's financial community.

• Tuesday, April 27th 2010 - 06:03 UTC

  US Judge Griesa Denies Request to Suspend Argentina’s Debt Swap

  

  A US judge denied requests by a class of mostly individual bondholders to suspend or disapprove of Argentina's 20 billion US dollars debt swap.

• Tuesday, April 27th 2010 - 02:47 UTC

  US Extradites Former Panamanian Leader Noriega and CIA Recruit to France

  

  The former Panamanian leader, Manuel Noriega, has been extradited to France by the United States after spending more than 20 years in a prison there.

• Monday, April 26th 2010 - 19:35 UTC

  British BAE Systems First non-US Arms Company to Lead SIPRI’s Top 100 List

  

  With arms sales reaching 32.4 billion in 2008, BAE Systems is the first non-US company to lead SIPRI's Top 100 list of the largest arms-producing companies.

• Monday, April 26th 2010 - 05:40 UTC

  Huge Operation to Stop Oil Leaking from Gulf of Mexico Well Explosion

  

  Efforts were under way Sunday to contain and stop oil leaking from a BP well after a rig explosion in the Gulf of Mexico, the US Coast Guard said. Officials found oil was leaking Saturday from the well.

• Monday, April 26th 2010 - 05:24 UTC

  Goldman Sachs Incriminating E-mails Surface in US Senate Investigation

  

  Investment bank Goldman Sachs executives boasted about the money the bank was making while the US housing market was collapsing in 2007, released company e-mails show.

• Saturday, April 24th 2010 - 07:34 UTC

  US Navy Celebrates Earth Day With Flight Test of “Green” F/A Super Hornet

  

  The United States Navy celebrated Earth Day April 22 by showcasing a flight test of the “Green Hornet,” an F/A-18 Super Hornet multi-role fighter jet powered by a 50/50 blend of conventional jet fuel and camelina aviation bio-fuel.

• Saturday, April 24th 2010 - 07:13 UTC

  Global Warming Contributing to Rapid Ocean Acidification

  

  Carbon dioxide emissions that contribute to global warming are turning the oceans more acidic at the fastest pace in hundreds of thousands of years, the U.S. National Research Council warns.

• Saturday, April 24th 2010 - 07:05 UTC

  US Credit Agencies Influenced by Banks that Paid Their Fees, Says US Senate

  

  The behaviour of two credit rating agencies in the run-up to the financial crisis has been criticised by US senators following an investigation.