The current Argentine economic situation reached the US Capitol during the hearings to consider President Obama's nomination for future ambassador in Buenos Aires, and what was said was not encouraging.
The United States Senate on Tuesday passed the long-awaited almost 1 trillion dollars farm bill, ending two years of partisan clashes and stalled negotiations. The bill was approved with strong bipartisan support, 68 to 32.
US President Barack Obama displayed his strategy for getting around a divided Congress starting with a wage hike for federal contract workers in a State of the Union speech on Tuesday that reflected scaled-back legislative ambitions after a tough year.
United States lawmakers are pressing the Federal Reserve to act more forcefully, and quickly, to limit banks’ involvement in the commodities business, which has been blamed for inflating prices on everyday items like electricity and canned beverages.
Negotiators in the US Congress unveiled a 1.1 trillion dollars spending bill that aims to prevent another government shutdown while boosting funding levels slightly for military and domestic programs - but not for Obamacare health reforms.
US Congress has passed a bill to reopen the government and raise the federal debt limit, with hours to spare before the nation risked default. The Democratic-controlled Senate's bipartisan compromise won approval by 81 votes to 18.
US President Barack Obama has warned that Wall Street should be concerned that a conservative faction of Republicans is willing to allow the country to default on its debt. The US government has partially closed after Congress failed to agree a budget and will run out of cash on 17 October unless its debt ceiling is raised.
Foreign Minister Hector Timerman strongly criticised an alleged anti-Argentina campaign carried out in US Congress by members of hedge funds in litigation with Buenos Aires. Timerman made his case while meeting in his office with visiting members of the US congress.
“Under the corrupt populist government of President Cristina Fernandez Argentina is back on the road to ruin” is the kick off for an extremely critical report to be discussed by the US Congress and which was drafted by Douglas Farah, senior research fellow at the International Assessment and Strategy Centre under the heading of “Back to the future”.
A rare US outbreak of fungal meningitis linked to steroid injections has claimed four more lives with Florida the latest state to report at least one death linked to the illness in a widening health scare, authorities said on Tuesday.