United States

Thursday, November 15th 2018 - 09:01 UTC
Argentina becomes a major importer of US soybeans

The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war. Argentina, the No. 3 global soy grower, is making major purchases of U.S. supplies. A weekly measure of US shipments to Argentina just rose to the highest in at least 35 years, U.S. government data showed Tuesday.
Wednesday, November 14th 2018 - 08:44 UTC
California fire fighters manage containment lines; official death toll is 48 and dozens remain missing

Crews battling a deadly wildfire in northern California have managed to hold their containment lines, the state fire service says. They have contained 30% of the fire, stretching over 125,000 acres (50,500 ha), but do not expect to contain it fully until the end of the month.
Wednesday, November 14th 2018 - 08:38 UTC
Trump nominates retired Army general as ambassador to Saudi Arabia

United States president Donald Trump on Tuesday nominated a retired Army general to be the country’s ambassador to Saudi Arabia, as Washington faces pressure to respond to the killing of journalist Jamal Khashoggi inside the Saudi consulate in Istanbul.
Monday, November 12th 2018 - 07:20 UTC
“Devil fires” in California cause 25 deaths, 110 missing and destroy over 7.000 homes

Northern and southern counties of California are suffering from two huge wildfires that show no signs of dying down. With hot dry winds expected last until at least Tuesday, in the south there are fears for the wealthy beach town of Malibu, where a mandatory evacuation order has been issued for a quarter of a million people.
Friday, November 9th 2018 - 08:45 UTC
Federal Reserve leaves rate unchanged but December hike is expected

The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December.
Friday, November 9th 2018 - 08:41 UTC
China exports and surplus remain strong while imports started to pick up

China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.
Friday, November 9th 2018 - 08:27 UTC
Oil down 20% from its October peak despite US sanctions on Iran

Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with U.S. crude now down by 20% since early October. U.S. West Texas Intermediate (WTI) crude oil futures were at US$ 61.63 per barrel.
Friday, November 9th 2018 - 08:17 UTC
Argentine bio-fuel industry hopeful 2017 US taxes will be reviewed

The U.S. decision to review its tariffs on Argentine biodiesel could mean a reversal of fortune for exporters whose shipments from South America have been practically nil, the biodiesel chamber of Argentina said on Thursday.
Friday, November 9th 2018 - 07:15 UTC
CNN correspondent banned from White House for challenging Trump

President Donald Trump's ongoing feud with Jim Acosta, CNN's chief White House correspondent, boiled over on Wednesday, with Trump verbally berating the journalist before the White House ultimately suspended his press access.
Friday, November 9th 2018 - 07:15 UTC
Carnival in strategic alliance to promote the cruise industry for Chinese tourists

Carnival Corporation & plc, the world’s largest leisure travel company, today announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.