United States

Friday, March 24th 2023 - 09:57 UTC
US adds 3 Paraguayans to list of significantly corrupt officials

The US State Department has added three Paraguayan nationals to its list of “significantly corrupt” officials just one day after signing a new arrangement with the South American country whereby military engineers would assist in future waterway developments.
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Thursday, March 23rd 2023 - 10:48 UTC
In a display of firmness, the Fed increases the key interest rate by a quarter point

Despite concerns of a possible recession and increased banking turmoil, the U.S. Federal Reserve extended its year-long fight against high inflation on Wednesday by raising its key interest rate by a quarter-point.
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Wednesday, March 22nd 2023 - 10:35 UTC
Crucial week for the Fed's Powell and the US banking system

Several banking failures in the US this month have raised fears about the health of the financial system. The collapses follow a sharp rise in global borrowing costs, led by the US, which has shocked the world economy and raised worries about a painful downturn known as a recession.
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Wednesday, March 22nd 2023 - 10:11 UTC
Landmark UN Water conference in New York to address climate change and drinking water

Leaders will gather this week in New York City for a landmark United Nations conference, an event expected to focus on the rising toll of the climate crisis and the effort to provide clean drinking water to a global population of over 8 billion.
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Monday, March 20th 2023 - 16:08 UTC
It’s the Banking Regulations, Stupid

By Antonio Floglia (*), LONDON – Rather than developing a robust understanding of the errors that led to the 2008 global financial crisis, politicians and the public demanded that supervisory authorities simply double down on regulation. So, that is what they did, and we are now seeing the results with the sudden collapse of Silicon Valley Bank.
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Monday, March 20th 2023 - 16:05 UTC
Network of leading Western central banks ready to inject the necessary dollars liquidity

Leading central banks of the West announced on Sunday a coordinated action to provide liquidity to the financial system through the US swap liquidity line arrangements. The statement was signed by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell and becomes effective Monday 20 March.
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Monday, March 20th 2023 - 15:47 UTC
Curfew imposed in Miami Beach after fatal shootings

Miami Beach authorities declared a state of emergency and imposed a curfew after two nights of Spring Break shootings that left two dead and two wounded, it was reported.
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Monday, March 20th 2023 - 15:14 UTC
Trump says he will be arrested, calls for nationwide protests

Law enforcement sources have not ruled out any deployment next Tuesday should former President Donald Trump be arrested as he has forecast on Truth Social, the network he founded after he was banned from Facebook and Twitter.
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Thursday, March 16th 2023 - 06:11 UTC
Paraguayan gov't wants no more red tape from US on beef exports

Paraguayan authorities insisted this week before the US Embassy that there were no sanitary impediments for the northern country to welcome beef shipments from the South American nation, only red tape was hindering progress in that regard.
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Tuesday, March 14th 2023 - 09:52 UTC
Biden says US banking system safe after Silicon Valley Bank collapse

US President Joseph Biden said his country's banking system was “safe” in the aftermath of last week's collapse of Silicon Valley Bank, a California financial giant specialized in the technology sector. Biden insisted Monday that Americans can “trust that the banking system is safe,” and said he would seek to move forward with stronger regulations.