United States

Monday, June 15th 2015 - 06:14 UTC
Strong Falklands' supporter and former US Congress member receives OBE

Former United States Representative Thomas E. Petri was formally presented with the insignia recognizing his appointment as an honorary Officer of the Most Excellent Order of the British Empire during a ceremony June 11 at the British Ambassador’s Residence in Washington, D.C.
Saturday, June 13th 2015 - 07:34 UTC
Democrats strike stunning blow to President Obama's free-trade agenda

The U.S. House of Representatives on Friday dealt a stunning blow to President Barack Obama’s free-trade agenda. A large number of Democrats in the House defied their fellow Democratic president to defeat a critical part of a legislative package, Trade Adjustment Assistance (TAA), which would have provided aid to US workers who might lose their jobs if a major Asia-Pacific trade agreement is forged.
Saturday, June 13th 2015 - 07:27 UTC
California orders the largest water cuts on record to help ease shortages

The state of California has ordered some of the largest water cuts on record to help ease shortages during the current drought. The move affects more than 100 senior water rights holders in the state's Delta, San Joaquin and Sacramento regions, including water districts that serve thousands of farmers and others.
Saturday, June 13th 2015 - 07:04 UTC
Interpol suspends $29m agreement with FIFA to fight illegal betting and match-fixing

Interpol has suspended its $29 million agreement to fight illegal betting and match-fixing amid the bribery allegations engulfing world football’s governing body. The 10-year deal was struck in May 2011 and under the agreement, Interpol was to have received 4 million Euros in each of the first two years, followed by 1.5 million Euros in each of the following eight.
Wednesday, June 10th 2015 - 06:44 UTC
“Football is a game, but is also a massive business” and people want it to operate with integrity

President Barack Obama weighed in on the deepening corruption scandal involving world soccer's governing body, saying it was essential that the sport's integrity be ensured.
Monday, June 8th 2015 - 08:51 UTC
Obama presses Cameron on defense expenditure and remaining in the EU

Barack Obama has pressed David Cameron to maintain Britain's commitment to meeting the NATO target of spending 2% of GDP on defense. In talks at the G7 summit in Germany, the US President also said he was “looking forward” to Britain remaining in the European Union.
Saturday, June 6th 2015 - 08:24 UTC
US unemployment in May ups to 5.5%, as more people look for jobs

The US economy added 280,000 jobs in May, the US Labor Department has said. The increase was more than analysts had expected and the biggest this year and was described as “encouraging”.
Saturday, June 6th 2015 - 08:00 UTC
Argentine debt climbed 5.4bn of Friday following Griesa's ruling favoring 'me too' bond holders

Argentina must pay US$5.4 billion to more than 500 “me-too” holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled on Friday. Argentina anticipated it would appeal the ruling.
Friday, June 5th 2015 - 09:23 UTC
The evolution of the oil weapon

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on countries such as Syria, Venezuela and North Korea, but the majority of energy related sanctions passed have been targeted at Iran and Russia.
Friday, June 5th 2015 - 06:22 UTC
IMF calls on the Fed to keep rates on hold until first half of 2016

The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the US economy remains subpar. In its annual checkup of the US economy released Thursday, the IMF said “the underpinnings for continued growth and job creation remain in place.”