Uruguay and the United States expressed concern Tuesday that recent weapons purchases could lead to an arms race in South America. In a joint appearance, Uruguayan President Tabare Vazquez and Secretary of State Hillary Rodham Clinton also pledged co-operation on trade, scientific research and other fields.
United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee, introduced a bill Tuesday to extend US trade benefits to Uruguay. The move he says would increase pressure on Brazil to deepen commercial ties.
Rich Americans who have evaded taxes by hiding their foreign holdings have about a week to decide whether to turn in to an Internal Revenue Service amnesty program or gamble that they will not be caught.
US President Barack Obama has warned bankers against complacency, saying that some in the industry are ignoring the lessons of the financial crisis. We will not go back to the days of reckless behaviour and unchecked excess at the heart of this crisis, he said.
Despite vowing a new beginning in the US-Cuba relations, President Barack Obama has decided to extend the 47-year-long US trade embargo on Cuba for another year.
Beijing announced it would launch anti-dumping and anti-subsidy investigations into some United States imported vehicles and chicken products from the United States, the Ministry of Commerce said Monday, escalating a trade disputes which was triggered when the US decided to raise tariffs on Chinese-made tires.
The US has revoked the visa of Honduras' interim president to pressure the Central American country to reinstate Manuel Zelaya, the country's ousted leader, the interim government says.
United States has a “truly exceptional” relation with Uruguay and expects whoever wins the coming election, to keep that “very solid” link said Everett Eissenstat, US Assistant Trade Representative for the Americas during a meeting with a delegation of visiting Uruguayan journalists.
Mexico is the Latinamerican country which most resources invests in influencing US policies, while the Venezuelan government deploys the most public relations activities to promote a positive image, according to data from the US Justice Department.
The world will suffer another financial crisis, former Federal Reserve chief Alan Greenspan has told the BBC. The crisis will happen again but it will be different, he told BBC Two's The Love of Money series.