United States

Monday, December 4th 2017 - 07:33 UTC
US Congress begins work on major tax reform compromise bill

United States House and Senate lawmakers return to Capitol Hill on Monday to begin working on a major tax cut compromise bill -- just two days after GOP senators narrowly approved their chamber’s plan on a 51-to-49 vote. The House, which has a larger Republican majority, approved its version last month.
Wednesday, November 29th 2017 - 08:10 UTC
Fed chief candidate anticipates US economy is ready to end “accommodation”

Jerome “Jay” Powell, President Donald Trump's pick to lead the US central bank, the Federal Reserve, is about to become “the most important economic policymaker in the world”. At least that's how one senator put it at Powell's confirmation hearing in Washington on Tuesday.
Monday, November 27th 2017 - 09:42 UTC
US proposal to kill net-neutrality rules, faces a tough legal and public opinion battle

The United States Federal Communications Commission formally released a draft of its plan to kill net-neutrality rules, which equalized access to the internet and prevented broadband providers from favoring their own apps and services. A vote in the controversial proposal is scheduled for next month.
Monday, November 20th 2017 - 11:31 UTC
Jimmy Carter awarded highest honor by Argentina for his defense of human rights

Former United States President Jimmy Carter was recently recognized by the Argentine government in a ceremony held at the Carter Center in Atlanta. Carter, 93, was conferred the highest honor awarded by the government of Argentina: the ‘Order of the Liberator General San Martín.’
Monday, November 20th 2017 - 07:43 UTC
US Navy sending deep-sea rescue equipment to assist in search for ARA San Juan

The United States Navy has sent rescue equipment and crew to assist in the search for a missing Argentine Navy submarine and its 44 crew members. The San Diego based Undersea Rescue Command (URC) departed from Miramar Saturday with a Submarine Rescue Chamber (SRC) and four aircraft, en route to the Southern Atlantic, where the submarine A.R.A. San Juan lost contact with the Argentine Navy on Wednesday.
Saturday, November 18th 2017 - 08:11 UTC
Trump tax cuts bill passes the House, but the Senate is another story

House Republicans have passed a controversial overhaul of the US tax code that slashes corporate rates. The vote came after US President Donald Trump made a rare visit to Congress to rally lawmakers around the tax overhaul plan. The Senate is working to build support for its own version of the bill, but one Republican has said he is a 'no'.
Wednesday, November 15th 2017 - 11:45 UTC
US cements position as the world's largest oil and gas producer

International energy markets are set for “major upheaval” as the US cements its status as the world's largest oil and gas producer, while China overtakes it as the biggest oil consumer. The predictions come from the International Energy Agency's annual energy forecast.
Wednesday, November 15th 2017 - 08:57 UTC
Trump syndrome: US Congress examines president's authority to launch a nuclear attack

For the first time in over 40 years, Congress has examined a US president's authority to launch a nuclear attack. The Senate Foreign Relations Committee hearing was titled Authority to Order the Use of Nuclear Weapons and some senators expressed concern that the president might irresponsibly order a nuclear strike; others said he must have the authority to act without meddling from lawyers.
Saturday, November 11th 2017 - 09:07 UTC
Fed member anticipates rates likely to rise next month and three times in 2018

United States interest rates are likely to rise again next month and a further three times next year, one of the Federal Reserve's rate-setters has said. John Williams, who sits on the lliams, advanced a rate rise in December “makes sense, at least based on the information I have today”.
Friday, November 10th 2017 - 17:59 UTC
Trump doesn't blame China for its trade surpluses: “they work for the benefit of their citizens”

President Donald Trump has said he does not blame China for the “unfair” trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China “credit” for working to benefit its citizens by taking advantage of the US.