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Montevideo, April 27th 2024 - 02:45 UTC

United States

  • Saturday, August 1st 2015 - 07:51 UTC

    US Navy submarine successfully launches and recovers underwater drone

    The underwater drone launched from the USS North Dakota is a REMUS 600 Autonomous Underwater Vehicle

    The Virginia-class nuclear-powered fast attack submarine USS North Dakota (SSN-784) has launched and recovered an underwater drone for the first time. This week, the USS North Dakota returned to the United States after a nearly two-month deployment to the Mediterranean Sea. The submarine was specifically tasked with testing the launch and recovery of an unmanned underwater vehicle (UUV) while submerged.

  • Friday, July 31st 2015 - 06:25 UTC

    Former Fed chief says discussion is not monetary policy but government spending

    “To me the discussion today shouldn’t be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements” said Greenspan

    Former Federal Reserve Chairman Alan Greenspan warns that government spending “extremely dangerous” to the future of the US economy. Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy.

  • Friday, July 31st 2015 - 05:59 UTC

    US economy expands at an annual 2.3% in 2Q; strong consumer spending

    Consumer spending grew at a rate of 2.9% in the second quarter, compared with 1.8% in the first three months of the year.

    The US economy grew at an annualized pace of 2.3% in the three months to June, official figures have shown. The figure - the first estimate of growth in the second quarter - followed an upwardly revised growth rate of 0.6% in the first three months of the year. The Commerce Department said growth was boosted by increased consumer spending and cheaper fuel prices.

  • Thursday, July 30th 2015 - 09:04 UTC

    Fed pleased with labor market gains but inflation remains 'soft' distant from 2% target

    “The labor market continued to improve, with solid job gains and declining unemployment,” said FOMC. Unemployment fell to 5.3% in June

    The United States Federal Reserve on Wednesday decided to leave its benchmark federal funds interest rate unchanged at between 0 percent and 0.25 percent, while it offered an optimistic assessment of the world's biggest economy and hinted that a rate hike remains on the short-term horizon.

  • Thursday, July 30th 2015 - 07:48 UTC

    Cruise lines agree to equal access for individuals with disabilities

    Settlement agreement addresses accessibility on 62 ships among Carnival brands including Carnival Cruise Line, Holland America Line and Princess Cruises

    The U.S. Justice Department and Carnival Corp. have reached a comprehensive, landmark settlement agreement under the Americans with Disabilities Act (ADA) to advance equal access for individuals with disabilities who travel on cruise ships, the Justice Department announced Wednesday.

  • Thursday, July 30th 2015 - 07:23 UTC

    Argentina asks if Iran nuke-deal includes delisting Iranian wanted in major bomb attack in Buenos Aires

    Argentina is concerned with a news report saying the secret deal included EU's consent to remove ex-Iran Defense Minister Ahmad Vahidi from sanctions list.

    Argentina's foreign minister is asking U.S. Secretary of State John Kerry and European Union Foreign Affairs representative, Federica Mogherini to clarify whether Washington's nuclear deal with Iran includes removing from Interpol's list an Iranian wanted in a major bomb attack in Buenos Aires that took place in 1994 and remains unsolved.

  • Friday, July 24th 2015 - 11:18 UTC

    More job losses coming to U.S. shale

    With prices of both Brent and WTI moving towards $50 per barrel, this is bad news for the U.S. shale sector which is already dealing with rising debt

    With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC's high production levels and China's market turmoil have created more pressure on oil prices, making a price rebound look highly unlikely in the near future.

  • Friday, July 24th 2015 - 11:02 UTC

    US filings for unemployment benefits fall to its lowest since 1973

    The bullish jobs picture, together with a firm housing market brings the Federal Reserve a step closer to hike interest rates this year.

    The number of US citizens filing new applications for unemployment benefits last week dropped to its lowest level in more than 41 and a half years (1973), suggesting the labor market maintained a sturdy pace of job growth in July.

  • Thursday, July 23rd 2015 - 07:15 UTC

    Obama administration drafting plan to definitively close Guantánamo prison

    It was set up after the Sept. 11, 2001, attacks for al Qaeda and Taliban detainees. Obama vowed to close it within a year when he came to office in 2009.

    The White House said it was in the final stage of drafting a plan for closing the Guantánamo prison for foreign terrorism suspects, racing against time to resolve one of President Barack Obama's most intractable problems. Spokesman Josh Earnest said the administration hoped to “short circuit” opposition from Republicans in Congress who have blocked Obama from closing the prison.

  • Tuesday, July 21st 2015 - 04:43 UTC

    Cuba and US on a 'new beginning', but 'profound differences' persist

    Kerry said the ”interests of both countries are better served by engagement than by estrangement,'' after meeting with Cuban Foreign Minister Rodríguez

    U.S. Secretary of State John Kerry on Monday called the restoration of diplomatic relations with Cuba a “new beginning” but said many differences remain between the two nations and warned that the full normalization of ties will be a long process. He spoke hours after ceremonies were held in Havana and Washington to mark the restoration of ties after more than five decades of hostility.