United States

Tuesday, November 6th 2018 - 08:58 UTC
Cuban economy again on the downturn; austerity measures to continue into 2019

Communist-run Cuba’s economic growth will come in at around 1% this year, compared with the 2% previously forecast, due to a fall in exports and tourism revenue, state-run media reported over the weekend. The Caribbean island’s gross domestic product grew 1.8% last year and 0.5% in 2016.
Tuesday, November 6th 2018 - 08:44 UTC
Oil market cautious as US punitive sanctions on Iran become effective

Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East.
Tuesday, November 6th 2018 - 08:22 UTC
“Business as usual with Iran, and take advantage”, UK government tells British companies

Britain will continue to expand trade relations with Iran despite Donald Trump’s decision to re-impose sanctions on the state, Downing Street has said. The government “regrets” the US president’s move to restore restrictions on Tehran that were lifted when it signed up to a nuclear deal in 2015, and believes the agreement makes the world a safer place, No 10 insisted.
Monday, November 5th 2018 - 08:55 UTC
Argentine corruption funds emerge in New York and Miami properties

Following the arrests of four people, authorities in Argentina have uncovered how a former president may have used bribe money to buy U.S. properties, including luxury condos in New York City and South Florida.
Monday, November 5th 2018 - 08:50 UTC
Pompeo defends sanctions on Iran, “the toughest ever”, but eight countries will enjoy waivers

United States Secretary of State Mike Pompeo on Sunday defended the White House’s move last week to reimpose sanctions against Iran amid criticism from some conservatives that the action does not go far enough to cripple the country’s economy.
Monday, November 5th 2018 - 05:44 UTC
Buenos Aires G20 summit: US requests Uruguay authorization to station troops and aircraft

Uruguay's government asked Congress to allow United States troops and equipment to stay in country during the upcoming G20 meeting in neighboring Argentina, due to be attended by the US, Chinese, Russian and European leaders.
Saturday, November 3rd 2018 - 08:24 UTC
US economy adds 250.000 jobs, and wages rise at their fastest pace in nine years

Wages in the United States grew at their fastest pace for nine years last month, the latest official figures show. The US Labor Department said wages grew at an annual rate of 3.1% in October, accelerating from a rate of 2.8% the month before. The economy also added 250,000 jobs last month, beating expectations, while the jobless rate remained at 3.7%.
Saturday, November 3rd 2018 - 08:19 UTC
US “toughest” sanctions on Iran effective next Monday; “psychological warfare” claims Teheran

The Trump administration is to reinstate all US sanctions on Iran removed under the 2015 nuclear deal. The White House said it was “the toughest sanctions regime ever imposed on Iran” and targeted Iran's energy, shipping and banking sectors.
Saturday, November 3rd 2018 - 08:17 UTC
Twitter deletes automated accounts discouraging people from voting in US midterm elections

Twitter has deleted an estimated 10,000 automated accounts that were posting messages discouraging people from taking part in next week's US mid-term elections.
Saturday, November 3rd 2018 - 08:01 UTC
Booming US economy sees September trade deficit reach it highest in seven months

A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported on Friday.