Tag: United States

Wednesday, April 10th 2019 - 09:49 UTC
US-Mexico border stricter controls hitting the highly integrated US auto industry

Long delays at the U.S.-Mexico border crossing for goods destined for American plants and consumers are hitting the U.S. auto industry, and the gridlock reduced by half the number of northbound trucks that crossed the entry point last week.
Wednesday, April 10th 2019 - 09:39 UTC
Standard Chartered fined US$ 1,1bn for helping Iran and £102m to Britain's Financial Conduct Authority

Standard Chartered bank is being fined US$1.1bn for violating US sanctions against Iran and over inadequate financial crime controls The penalties, imposed in connection with a range of different investigations in the US and the UK, all date back to before 2014.
Wednesday, April 10th 2019 - 09:27 UTC
Saudi's oil company Aramco plans to borrow US$ 12bn in its debut bond sale

Saudi Aramco is planning to borrow US$12 billion in its debut bond sale as the oil giant pulls off one of the most oversubscribed debt deals of all time. Investor orders for the dollar bonds reached an excess of US$100 billion at the peak on Tuesday, according to market experts
Wednesday, April 10th 2019 - 08:53 UTC
New president says World Bank urgent challenges are addressing poverty and climate change

Newly-installed World Bank President David Malpass spent his first day at the global lender on Tuesday hammering home the message that the most urgent issue facing the bank is addressing global poverty. President Donald Trump's controversial pick to lead the bank appeared eager to distance himself from his past attacks on the institution and stressed the support he has received from developing nations and from staff.
Tuesday, April 9th 2019 - 07:29 UTC
Venezuela pledges to fulfill its commitments to Cuba despite US sanctions

Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from Maracaibo to its ideological ally, Foreign Minister Jorge Arreaza said on Monday.
Tuesday, April 9th 2019 - 07:18 UTC
Trump in unexpected move names a new head of the Secret Service

The head of the US Secret Service, which guards President Donald Trump and visiting heads of state, is stepping down, the White House said on Monday in the administration's latest sign of turbulence.
Tuesday, April 9th 2019 - 05:48 UTC
Mysterious and dangerous fungal infection, Candida Auris has emerged in hospitals and nursing homes

A mysterious and dangerous fungal infection called Candida auris has emerged around the world. It is resistant to many anti-fungal medications, placing it among a growing number of germs that have evolved defenses against common medicines.
Tuesday, April 9th 2019 - 05:06 UTC
Trump designates Iran's Guards a terrorist organization; Teheran does the same with US troops in Middle East

United States President Donald Trump has designated Iran's elite Revolutionary Guard Corps (IRGC) as a foreign terrorist organization. It is the first time the US has labelled another nation's military as a terrorist organization. Iran retaliated by declaring US forces in the Middle East as a terrorist organization, Iran state news reported.
Monday, April 8th 2019 - 09:29 UTC
Message to the Democrats: Trump will “never” disclose his tax returns

One of US President Donald Trump's top aides has said that opposition Democrats will “never” see his tax returns. White House acting chief of staff Mick Mulvaney said the call for the records to be released was a “political stunt”.
Saturday, April 6th 2019 - 09:52 UTC
Hiring in services increases helping to keep US unemployment at a record low 3.8%

US job creation came back to life in March, with a hiring surge in healthcare, bars and restaurants, while unemployment held steady and worker wages continued to climb, government data showed Friday.