United States

Tuesday, February 13th 2018 - 09:29 UTC
Ex investment banker appointed new president of US soccer

The former investment banker at Goldman Sachs became the new president of U.S. Soccer on Feb. 11. He replaces Sunil Gulati after an election in Orlando, Florida that required three rounds of voting to finally crown Cordeiro.
Friday, February 9th 2018 - 20:26 UTC
Fed member forecasts three interest rate hikes this year

The U.S. Federal Reserve is likely to continue removing policy accommodation gradually and could hike rates three times this year, Dallas Fed President Robert S. Kaplan told a business conference in Frankfurt on Thursday.
Friday, February 9th 2018 - 20:23 UTC
US extends Timerman a new visa who can now fly to New York

United States handed this week a new visa to Argentina's ex foreign minister Hector Timerman, after having revoked the document almost a month ago. Current foreign minister Jorge Faurie was instrumental in obtaining the visa, according to Buenos Aires diplomatic sources.
Friday, February 9th 2018 - 20:00 UTC
Five European countries have become a top travel destination for the US

Europe is once again a top travel destination for Americans. Five European countries, Italy, Ireland, France, Iceland and the United Kingdom, comprised half of the top 10 spots for vacation plans in 2018.
Friday, February 9th 2018 - 09:56 UTC
As Dow Jones plunges 10% points, fears of a bear market and ripples effects on the economy

The United States Dow Jones industrial average nosedived more than 1,000 points on Thursday, registering another eye-popping loss for the closely-followed index, as wild trading and fears of rising interest rates around the world took hold of traders. The Dow as well as the S&P 500, a broader stock index, are now down more than 10% from their all-time highs, passing an important psychological barrier known as a “correction” for the first time in two years.
Thursday, February 8th 2018 - 09:26 UTC
China confirms support for Venezuela and lashes out at “irresponsible” US

China’s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro’s government with murky oil-for-loan investments.
Wednesday, February 7th 2018 - 15:23 UTC
Powell becomes chairman of the Fed in a turbulent trading day

Jerome Powell was sworn as the 16th chairman of the Federal Reserve on what turned out to be a turbulent day for Wall Street, with the Dow Jones industrial average plunging by more than 1,100 points. Powell, 65, was given the oath of office by Randal Quarles, the Fed's vice chairman for supervision, in a ceremony that took place before stock trading opened on Wall Street.
Wednesday, February 7th 2018 - 08:44 UTC
Algorithmic trading accelerated Black Monday markets plunge, speculate analysts

Robot trading has accelerated this week's market dive and may have sparked the sell-off, experts say. Financial firms use computers programmed with complex sets of instructions known as algorithms, which identify trading opportunities and then strike faster than any human could.
Wednesday, February 7th 2018 - 07:50 UTC
Venezuela desperate after US dollars; greenback costs 228.000 Bolivars in the black market

Venezuela’s central bank announced a devaluation of more than 99% of its official exchange rate with the launch of a new foreign exchange platform, a move critics quickly said would not create a functioning currency market.
Tuesday, February 6th 2018 - 08:26 UTC
Tillerson praises Macri's leadership in the region in favor of democracy

President Mauricio Macri received US Secretary of State Rex Tillerson on Monday at the Olivos official residence. During the forty minutes meeting the main issues of the Argentina/US bilateral agenda were addressed, according to a release from the Argentine Executive office.