United States

Saturday, May 30th 2015 - 09:27 UTC
FIFA case: US investigator 'fairly confident' of another round of indictments

Richard Weber, the United States Internal Revenue Service's (IRS) leader of criminal investigations, told The New York Times he was fairly confident that there would be another round of indictments, following on the 14 FIFA officials accused of racketeering and accepting $150 million in bribes to rig marketing contracts and the selection of the host country for the 2010 World Cup.
Saturday, May 30th 2015 - 08:51 UTC
US and Germany disagree about a world economy 'possible accident' if Greece collapses

The United States warned on Friday of a possible accident for the world economy if Greece and its creditors miss their June deadlines to avert a debt default. Germany said there was no sign of a breakthrough. The ongoing debate is taking place in Dresden, Germany in the framework of G7 Finance ministers and central bank chiefs meeting.
Saturday, May 30th 2015 - 01:39 UTC
Interpol after Argentine promoters linked to FIFA corruption case

Argentine judge Marcelo Martínez de Giorgi has approved the arrest of three Argentine business leaders named in a corruption scandal engulfing world football and facing US extradition requests, though he acknowledged he did not know if they were in the country. The businessmen were considered fugitives from justice on Thursday after Interpol was unable to locate them at their residences.
Saturday, May 30th 2015 - 00:48 UTC
One step closer: US drops Cuba from its list of state sponsors of terrorism

The United States on Friday formally dropped Cuba from its list of state sponsors of terrorism, the US State Department said in a statement. The removal of Cuba from the US terrorism list eliminates an obstacle toward restoring diplomatic ties between the United States and the communist-led Caribbean island state after 54 years.
Thursday, May 28th 2015 - 05:40 UTC
US formalizes extradition request of three Argentines allegedly involved in FIFA investigation

Argentina's foreign ministry confirmed late Wednesday that United States had officially requested the extradition of three Argentine citizens allegedly involved in the US Justice Department investigation into FIFA corrupt dealings.
Wednesday, May 27th 2015 - 05:39 UTC
US Senators propose construction of six new heavy-duty icebreakers for Arctic activities

Alaska Senator Lisa Murkowski introduced this month the bipartisan Icebreaker Recapitalization Act with Washington Senator Maria Cantwell that would authorize the U.S. Navy to construct up to 6 heavy icebreakers. The new icebreakers would be designed and operated by the Coast Guard, since under US law it is the sole service responsible for icebreaking missions.
Sunday, May 24th 2015 - 07:57 UTC
Yellen, confident in the US economy, said interest rates will be raised this year

Federal Reserve Chair Janet Yellen made it clear on Friday that the central bank was poised to raise interest rates this year, as the US economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned. The announcement was made in a speech to a business group in Rhode Island.
Thursday, May 21st 2015 - 07:08 UTC
Five world leading banks fined 5.7bn dollars for manipulating foreign exchange markets

Five of the world's largest banks are to pay fines totaling $5.7bn for charges including manipulating the foreign exchange market. Four of the banks - JPMorgan, Barclays, Citigroup and RBS - have agreed to plead guilty to US criminal charges, while the fifth, UBS from Switzerland will plead guilty to rigging benchmark interest rates.
Wednesday, May 20th 2015 - 05:27 UTC
Japanese airbag maker Takata admits defects forcing the recall of 34m vehicles

Japanese airbag maker Takata has said that mechanisms in the airbags of almost 34 million cars are defective. It will lead to the largest recall in US automotive history, affecting models from 11 carmakers. . The number is double previous estimates for faulty air bags from the manufacturer.
Wednesday, May 20th 2015 - 04:42 UTC
US targets Venezuela's second strongest man for alleged cocaine trafficking

Despite persistent denials of any wrongdoing from Caracas, US authorities are currently investigating Venezuela’s powerful parliamentary chief, Diosdado Cabello, and other senior officials over alleged cocaine-trafficking and money-laundering, the Wall Street Journal reported.