United States

• Saturday, June 7th 2014 - 04:24 UTC

  US economy has regained all 8.7 million jobs lost during the recession

  

  Employers in the United States added 217,000 jobs in May, slightly below what analysts had been expecting. The US non-farm payroll figure was well below April's revised number of 282,000 jobs, but it was still the fourth month in a row of solid gains. The unemployment rate in May remained at 6.3%.

• Saturday, June 7th 2014 - 03:52 UTC

  Foreign Office will continue to raise Falklands' sovereignty issue with the US

  

  The UK will continue to raise the issue of sovereignty of the Falkland Islands and the right of self determination of the Islanders with the United States administration at very senior levels, according to the UK government response to the House of Commons Foreign Affairs Committee.

• Wednesday, June 4th 2014 - 09:14 UTC

  Uruguay ready to receive Guantanamo prisoners and displaced Syrian children

  

  Uruguayan government negotiations with Washington to receive detainees from the US jail in Guantanamo base, and with the UN to host Syrian children and their families are well advanced, revealed Foreign minister Luis Almagro.

• Wednesday, June 4th 2014 - 07:43 UTC

  Over 100 British MPs come out in support of Argentina and condemn 'vulture funds'

  

  More than 100 British Members of Parliament have signed a resolution of support for Argentina in the fight against hedge fund holdout investors, and warned that if the United States Justice System ruled against the nation it could fall into default.

• Saturday, May 31st 2014 - 07:03 UTC

  US Chamber of Commerce delegation on potential business tour of Cuba

  

  A delegation from the American Chamber of Commerce has begun its first visit to Cuba in 15 years. Chamber president Thomas Donohue said he was in Cuba to assess the economic changes taking place under President Raul Castro.

• Friday, May 30th 2014 - 05:06 UTC

  Stanley Fischer sworn in as member of the US Federal Reserve

  

  Former Bank of Israel Governor Stanley Fischer was sworn in as a member of the Federal Reserve's board this week, buttressing the U.S. central bank's depleted policymaking ranks as officials map out plans to exit from their extraordinary stimulus.

• Friday, May 30th 2014 - 04:59 UTC

  Cold weather shrinks US economy growth in the first quarter

  

  The US economy shrank by an annualized 1% in the first three months of 2014, official estimates have shown. It is the worst economic performance since the first quarter of 2011 and a big fall on the 2.6% rise in economic output in the final quarter of last year.

• Thursday, May 29th 2014 - 06:00 UTC

  US Lower House approves legislation to impose sanctions on Venezuela

  

  The US House of Representatives passed legislation on Wednesday, to impose sanctions on Venezuelans responsible for human rights abuses during anti-government protests, despite Obama administration worries that they could threaten talks seeking to ease the unrest.

• Tuesday, May 27th 2014 - 09:33 UTC

  IMF Lagarde calls on central banks to cooperate on policy moves

  

  As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.

• Saturday, May 24th 2014 - 00:37 UTC

  The California shale bubble just burst

  

  The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information Administration (EIA) – the statistical arm of the Department of Energy – has downgraded its estimate of the total amount of recoverable oil in the Monterey Shale by a whopping 96%. Its previous estimate pegged the recoverable resource in California’s shale formation at 13.7 billion barrels but it now only thinks that there are 600 million barrels available.