Tag: United States

Thursday, October 11th 2018 - 09:08 UTC
US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.
Thursday, October 11th 2018 - 08:58 UTC
Hurricane Michael 155mph (250km/h) winds flood beach towns in Florida and moves to Georgia

The most powerful hurricane ever to hit the north-west state of Florida has flooded beach towns, submerging homes and snapping trees like twigs. Hurricane Michael made landfall on Wednesday afternoon as a category three storm with 250km/h winds in the state's Panhandle region. Two people have been reported killed in Florida.
Thursday, October 11th 2018 - 08:23 UTC
US charges Chinese spy for economic espionage and stealing aviation secrets

United States Justice Department said on Wednesday it had arrested and indicted a spy for China’s Ministry of State Security on charges of economic espionage and attempting to steal trade secrets from several U.S. aviation and aerospace companies.
Wednesday, October 10th 2018 - 06:57 UTC
Trump praises Nikki Haley, US ambassador to UN who is leaving at the end of the year

The United States’ ambassador to the United Nations, Nikki Haley, has resigned leaving President Donald Trump’s national security circle, White House officials said on Tuesday.“It’s been eight years of intense time, and I’m a believer in term limits. I think you have to be selfless enough to know when you step aside and let someone else do the job,” the 46-year-old said.
Tuesday, October 9th 2018 - 08:20 UTC
Nobel in Economics for long term thinking on climate and technological innovation

William Nordhaus of Yale University and Paul M Romer from New York University’s Stern School of Business have been awarded the 2018 Nobel Prize in Economics for including long-term thinking on climate issues and technological innovation in economic research.
Monday, October 8th 2018 - 08:39 UTC
Canada chairs meeting to reform WTO, but has not invited US or China

Canada has not invited the United States or China to a high-level meeting on reforming the World Trade Organization (WTO). The country will host a “small group of like-minded” trade ministers in Ottawa in late October to discuss the global trade body. Officials say countries like the US and China will be included at a later date in the reforms discussion process.
Monday, October 8th 2018 - 08:30 UTC
Quake rattles impoverished Haiti, at least 14 dead and extensive damage

A magnitude 5.2 aftershock struck Haiti on Sunday, even as survivors of the previous day’s temblor were sifting through the rubble of their cinder block homes. The death toll stood at 12, with fears it could rise. The U.S. Geological Survey said the epicenter of the aftershock was located 15.8 kilometers north-northwest of Port-de-Paix, the city hard hit by Saturday night’s 5.9 magnitude earthquake. Sunday’s aftershock had a depth of 10 kilometers.
Sunday, October 7th 2018 - 11:47 UTC
Kavanaugh sworn to the Supreme Court; another victory for Trump and his conservative stance

President Donald Trump's controversial nominee for the Supreme Court, Brett Kavanaugh, has been sworn in following weeks of rancorous debate. The Senate earlier backed his nomination by 50 votes to 48.
Saturday, October 6th 2018 - 09:12 UTC
Top Republican Senator will travel to Venezuela “to assess the situation”

The chairman of the U.S. Senate Foreign Relations Committee will travel to Venezuela “to assess the current situation,” a spokeswoman said, amid tensions between Caracas and Washington.
Saturday, October 6th 2018 - 09:05 UTC
US economy booming: unemployment at its lowest in 50 years, even when September was soft

Jobs created in the United States during September fell to its lowest level in a year though the unemployment rate dropped to a point not seen in nearly 50 years, according to the Labor Department figures released Friday.