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Montevideo, April 25th 2024 - 07:20 UTC

United States

  • Tuesday, July 14th 2015 - 06:28 UTC

    Hillary Clinton vows banks cannot be “too big to fail” since it's still “too big a problem”

    A former first lady and US senator, Clinton is the clear favorite to win the Democratic nomination for the November 2016 US presidential election

    US presidential candidate Hillary Clinton criticized Wall Street and her Republican rivals, promising to impose tougher regulations on banks and raise the wages of ordinary Americans if she wins the 2016 White House race. Under pressure from a campaign rival on the left, Clinton said she would appoint strict overseers to ensure that financial institutions never again indulge in the risky behavior that helped cause the 2008 banking crash.

  • Saturday, July 11th 2015 - 05:30 UTC

    IMF trims forecast for global growth because of recent US economy weakness

    “Stress tests reassure us and make us think that if things go badly in Greece ... the rest of the world would probably survive quite well,” Blanchard said.

    The International Monetary Fund has trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States. But the global financial institution said growth prospects for next year remain undimmed, despite Greece's debt crisis and recent volatility in Chinese financial markets.

  • Thursday, July 9th 2015 - 05:44 UTC

    New York Stock Exchange down for three hours due to a technical fault

    Earlier, United Airlines and the Wall Street Journal's website reported major technical problems.

    Trading on the New York Stock Exchange (NYSE) on Wednesday restarted after being suspended for more than three hours due to a technical fault. The NYSE has yet to give full details of the problem, but emphasized that it was not the result of a cyber hack. Other exchanges, including Nasdaq, reported no problems and were trading normally.

  • Thursday, July 9th 2015 - 03:33 UTC

    All United Airlines grounded for almost two hours because of computer problems

    ”We are restoring regular flight operations, but some customers may experience residual delays (Wednesday),” United said in an afternoon statement.

    All United Airlines flights were grounded for almost two hours early Wednesday due to a computer hardware problem, creating travel headaches for tens of thousands of passengers that stretched into the afternoon. United said 800 flights had been delayed, with four flights canceled on its main carrier and 55 on its regional partners. A similar situation happened on 2 June when United flights were also grounded due to “automation issues.”

  • Wednesday, July 8th 2015 - 08:30 UTC

    Carnival cruises to Cuba expected for next May; waiting for Havana green light

    Under the initiative, some 37,000 travelers a year will either volunteer or be immersed in educational and cultural exchanges in local communities

    Carnival Corporation, the world's biggest travel and leisure firm, plans to launch cruises to Cuba in May, following the historic thaw between the Castro brothers nation and the United States. US Treasury Department and Commerce Department granted the company approval for the plans, Carnival announced Tuesday, though it has yet to receive Cuban authorization.

  • Wednesday, July 8th 2015 - 08:03 UTC

    Obama calls Merkel and Tsipras calling for constructive talks

    The president “reiterated that it is in everyone's interest that Greece and its creditors reach a mutually-acceptable agreement”

    President Barack Obama on Tuesday analyzed the Greek situation in separate telephone calls to Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel, the White House said. Obama began his day with a phone conversation with Merkel, followed by another call to Tsipras.

  • Friday, July 3rd 2015 - 09:04 UTC

    Rousseff enjoys a day at 'Google-land' before returning to real life in Brazil

    Dilma met with Google executive chairman Eric Schmidt, who showed off one of the company's self-driving cars before sending her on a test drive.

    Brazil's President Dilma Rousseff capped off her U.S. tour on Wednesday with a visit to Silicon Valley, where she met with top technology executives and took a ride in Google Inc's self-driving car. Rousseff used her visit to strengthen ties with U.S. technology companies after visiting Washington, D.C. and New York City earlier in the week.

  • Friday, July 3rd 2015 - 08:04 UTC

    US jobless rate drops to 5.3% in June, but factory orders fell strongly in May

    Employment gains in June were made across a number of sectors, particularly business services, health care, retail, financial activities and transportation

    US employment rose by 223,000 in June, while the April and May figures were revised down, official figures show. May's figure was revised from a rise of 280,000 jobs to a rise of 254,000, according to the US Labor Department.

  • Friday, July 3rd 2015 - 07:45 UTC

    Republicans anticipate they will not approve a US ambassador to Cuba

    Senate Majority Leader Mitch McConnell described Cuba as “a police state”, “a thuggish regime” and “a haven for criminals” wanted in the U.S.

    United States Senate Majority Leader Mitch McConnell said on Thursday that his chamber is unlikely to approve a US ambassador to Cuba, sending a quick rebuff to President Barack Obama and his drive to normalize relations with the U.S. neighbor and longtime Cold War foe.

  • Friday, July 3rd 2015 - 07:38 UTC

    BP agrees to a $18.7bn settlement on claims from the 2010 Gulf of Mexico spill

    The April 20, 2010 rig explosion and spill killed 11 workers and spewed oil for nearly three months on to the shorelines of several states.

    UK oil and gas giant BP said it has reached an $18.7 billion settlement of damages claims from the US government and five states after the 2010 Gulf of Mexico spill. The US Justice Department said it could be the largest settlement with a single entity in US history and the total value would top $20 billion.