United States

Sunday, May 7th 2017 - 12:34 UTC
US economy created more jobs in April and is technically in full employment

US jobs growth staged a bigger recovery than expected in April as businesses added 211,000 posts. Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with 4.5% in March.
Thursday, May 4th 2017 - 05:54 UTC
Fed says recent slowdown of US economy growth is temporary; leaves benchmark rate unchanged

The Federal Reserve announced on Wednesday that it held its benchmark interest rate after a two-day policy meeting, as had widely been expected. And it added that the recent showdown in US growth is likely temporary.
Tuesday, May 2nd 2017 - 10:47 UTC
Trump ready to meet Kim Jong-un, “in the correct conditions”

US President Donald Trump has said he would be “honored” to meet North Korean leader Kim Jong-un, in the right circumstances. “If it would be appropriate for me to meet with him, I would - absolutely. I would be honored to do it,” he told news organization Bloomberg on Monday.
Tuesday, May 2nd 2017 - 07:24 UTC
US Congress agrees on spending bill, with no funds for the Mexico border wall

Congressional negotiators have reached an agreement on a spending bill to keep the Unites States government running until 30 September, media report. The bipartisan deal boosts military spending but does not include funding for President Donald Trump's proposed wall on the Mexico border, they say.
Tuesday, May 2nd 2017 - 07:07 UTC
US Supreme Court rules in favor of Venezuela in dispute with US oil drilling company

The U.S. Supreme Court on Monday tossed out a lower court's ruling that had allowed a US oil drilling company to sue Venezuela over the seizure of 11 drilling rigs in 2010 but allowed the business another chance to press its claims.
Saturday, April 29th 2017 - 15:11 UTC
Bad news for Trump: US economy growth slows strongly in first quarter, 0.7%

The US economy slowed dramatically in the first three months of the year, according to official data. GDP expanded at an annual rate of 0.7% in the first quarter - the slowest rate since the first quarter of 2014, which is unwelcome news for President Donald Trump who, during his election campaign, made a pledge to raise growth to 4%.
Friday, April 28th 2017 - 09:50 UTC
Joint Statement from President Donald J. Trump and President Mauricio Macri

President Donald J. Trump hosted President Mauricio Macri of Argentina (Thursday 27 April) to discuss ways to deepen the close partnership between the United States and Argentina.
Thursday, April 27th 2017 - 10:27 UTC
Argentina pays for the first batch of 24 T-6C training aircraft for its Air Force

Textron Aviation’s Beechcraft has received an US$88.2 million contract to supply the Argentina Air Force with T-6 aircraft. The U.S. Air Force contract calls for Beechcraft to supply four T-6C airplanes as well as maintenance, pilot training and interim contractor support for maintenance.
Thursday, April 27th 2017 - 09:55 UTC
Major cruise line fined US$ 40 million for deliberate vessel pollution

A major cruise line with ships that call on the Caribbean will have to pay a US$40 million penalty, the largest-ever for crimes involving deliberate vessel pollution. The sentence has been imposed on Princess Cruise Lines Ltd by US District Judge Patricia Seitz in Miami, for illegally dumping oil-contaminated waste overboard and falsifying official logs to conceal the discharges.
Thursday, April 27th 2017 - 09:21 UTC
Trump announces plan to lower taxes; Wall Street cautious, Democrats call it a handout to the wealthy

President Donald Trump administration on Wednesday presented a sweeping plan to lower tax rates for individuals and businesses, saying it would create the biggest tax cut in United States history. However US markets slid at the close after the Trump administration outlined the tax cut plan and Democrats described it as a handout to the wealthy that would expand the deficit.