United States

Wednesday, February 10th 2010 - 04:30 UTC
US new ambassador anticipates continued excellent relations with Uruguay

The new United States ambassador in Uruguay David Nelson anticipated good opportunities to promote business and investment between the administrations of President Barack Obama and incoming president Jose Mujica. He mentioned specifically livestock, forestry and agriculture.
Tuesday, February 9th 2010 - 02:18 UTC
US-China trade dispute escalates to include chicken wings and feet

China is to enforce anti-dumping duties on US chicken imports, accusing American poultry firms of exporting the meat at unfairly low prices. In just the latest in a series of trade disputes between the two countries, China's Commerce Department said the tariffs will start from 13 February.
Monday, February 8th 2010 - 01:56 UTC
US jobless rate down to 9.7% in January, five month low

The jobless rate in the US has dropped to 9.7%, marking a five-month low. The new figures suggest the labour market is improving, despite employers unexpectedly cutting 20,000 jobs in January.
Saturday, February 6th 2010 - 12:18 UTC
Atlas Air Flight 46 Drops Wing Cover On Approach To MIA

While on a one mile final approach descent to Miami International Airport, an Atlas Air Flight 46, a Boeing 747, had a structural separation of a wing actuator fairing cover that fell onto the parking lot at the International Mall of Americas in Miami, Florida on Friday midday. Flight 46 was a cargo flight out of Santiago, Chile.
Friday, February 5th 2010 - 02:45 UTC
Bernanke reaffirms Fed’s independence to ensure public confidence and stability

“The US Federal Reserve has been granted, both in law and in political tradition, considerable independence and autonomy. That independence serves important public objectives. Critically, it allows the Federal Open Market Committee to make monetary policy in the longer-term economic interests of the American people, rather than in the service of short-term political imperatives”.
Thursday, February 4th 2010 - 17:09 UTC
US academic wants banks barred from gambling on world markets

A leading US academic who has been praised by the head of the Bank of England has called for banks to be barred from gambling on the world markets. Speaking on Jeff Randall Live, Professor Laurence Kotlikoff argued that the days of casino banking should be ended for good.
Thursday, February 4th 2010 - 16:24 UTC
Currency unions do not survive “without fiscal and political union”

The New York University professor who anticipated the financial crisis cautioned about the Greek situation and the Euro zone saying history indicates that no currency union has survived without a strong fiscal and political union.
Tuesday, February 2nd 2010 - 04:50 UTC
Obama budget proposal has record deficit of almost 11% of GDP

United States President Obama's new budget proposal is set to leave the US with a record-breaking deficit of 1.56 trillion US dollars. The figure is almost 11% of the country’s GDP. Economists generally consider annual deficits of more than 3% to be unsustainable.
Saturday, January 30th 2010 - 08:21 UTC
US economy rebounds 5.7% in last quarter but overall 2009 was down 2.4%

The world's largest economy is back in business after growing 5.7% at the end of last year, smashing all expectations. It was the quickest pace of economic expansion in the United States for six years.
Friday, January 29th 2010 - 22:54 UTC
Around the world of music in one night, where the Latinos took front stage!

GlobalFEST, an annual world music festival held every January in New York City is a smashing night of musical discovery where artists from all over the world springboard themselves into the world music scene in New York.