Tag: US government

• Tuesday, May 5th 2020 - 06:58 UTC

  US prepared to borrow a record US$ 3 trillion in second quarter; national debt soared above 100% of GDP

  

  United States has said it wants to borrow a record US$ 3 trillion in the second quarter, as coronavirus-related rescue packages blow up the budget. The sum is more than five times the previous quarterly record, set at the height of the 2008 financial crisis.

• Tuesday, February 11th 2020 - 07:58 UTC

  US government wants Canada and Mexico to help ship coal, avoiding west coast states ban

  

  U.S. Energy Secretary Dan Brouillette said that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.

• Thursday, July 25th 2019 - 05:06 UTC

  US to compensate a minimum US$ 15 per acre to farmers hurt by trade war with China

  

  The U.S. government will pay a minimum of US$ 15 per acre to farmers hurt by President Donald Trump’s trade war with China under an aid package to be unveiled before the end of the week, Agriculture Secretary Sonny Perdue said.

• Wednesday, July 24th 2019 - 09:45 UTC

  US government and Facebook settlement on mishandling users privacy, plus a fine, to be announced

  

  The Federal Trade Commission is set to announce this Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, people briefed on the matter have said.

• Friday, March 29th 2019 - 09:18 UTC

  New round of trade talks in Beijing. China offers greater access to its financial market

  

  United States Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world's two largest economies.

• Thursday, March 7th 2019 - 08:32 UTC

  Huawei files a lawsuit against the US government for banning purchase of its products

  

  Huawei has filed a lawsuit against the US government over a ban that restricts government agencies from using its products. In a statement, the firm said the US Congress has “failed to produce any evidence to support its restrictions”.

• Thursday, January 17th 2019 - 09:12 UTC

  Shutdown: Pelosi asks Trump to postpone State of the Union speech to Congress or deliver it by writing

  

  Democrats have asked President Donald Trump to postpone a speech to Congress, arguing security cannot be guaranteed due to the government shutdown. Speaker of the House Nancy Pelosi said in a letter to Mr Trump that he should deliver the speech in writing instead unless federal agencies reopen.

• Wednesday, October 17th 2018 - 09:05 UTC

  Honduras migrant caravan organizer detained in Guatemala

  

  The organizer of a migrant caravan from Honduras was detained in Guatemala on Tuesday as the U.S. government threatened to withdraw aid from both countries and El Salvador if the flow of migrants north to the United States was not stopped.

• Tuesday, August 28th 2018 - 09:07 UTC

  Women’s economic empowerment discussed at OAS with Ivanka Trump

  

  The Inter-American Council for Integral Development of the Organization of American States (OAS) today organized a meeting that featured Secretary General Luis Almagro, White House Advisor Ivanka Trump and the President and CEO the Overseas Private Investment Corporation (OPIC), Ray W. Washburne, to discuss “Financial Empowerment of Women for the Sustainable Social and Economic Development of the Americas.”

• Wednesday, June 27th 2018 - 08:38 UTC

  Pence in Brazil exposes US government's double standard on fleeing migrants

  

  United States Vice-president Mike Pence thanked Brazil on Tuesday for welcoming Venezuelans fleeing their country’s collapse, while warning Central Americans running from violence in their homelands not to attempt to enter the United States illegally.