US budget deficits over the next decade will be 286 billion less than previously estimated, the Congressional Budget Office said on Tuesday, attributing much of the decline to lower estimates of subsidy costs under President Barack Obama's health insurance reform law.
The White House confirmed on Monday that President Obama will host his Uruguayan peer Jose Mujica on May 12, highlighting the close partnership with Uruguay and strong leadership of Mujica's administration on human rights, social inclusion and global peace and security.
The American Task Force Argentina (ATFA), an organization which unites several bond holders from the Argentine default of 2001, questioned on Thursday the “lack of transparency” within President Cristina Fernández administration, during a video conference with reporters.
In a strong reply to the IMF report on the Argentine economy forecasting 0.5% expansion in 2014, the administration of President Cristina Fernandez said the multilateral organization suffers of an 'ideological bias' and its recipes only prompted the 'worst social and productive crisis in the history of Argentina'.
The US added 192,000 new jobs in March, in line with expectations, as the unemployment rate held steady at 6.7%. Severe weather over the winter did not prevent the monthly average for new jobs from continuing a climb towards pre-economic crisis levels.
By Nicholas Cunningham of Oilprice.com - On March 28, the White House released a multi-pronged strategy to reduce methane emissions from a variety of sources, a step the administration says is an outgrowth of the President's Climate Action Plan announced last year. Methane is a powerful greenhouse gas, about 20 times more potent than carbon dioxide.
The United States failure to recognize the right of the Falkland Islands to national self-determination is “disappointing”, reads a British House of Commons inquiry into the health of the so-called special relationship between the UK and the US. The report was released a day after the 32nd anniversary of the Argentine invasion of the South Atlantic islands (2 April 1982) and highlights London's frustration on the issue.
Gibraltar top elected officials this week went on a lobbying tour in the United States where they met government officials, visited Capitol Hill, talked trade and strongly defended the British Overseas Territory freedom, self determination and sovereignty.
President Barack Obama and Pope Francis focused publicly on their mutual respect and shared concern for the poor on Thursday during their meeting in the Vatican, but the lengthy private discussion also highlighted the deep differences between the White House and the Catholic Church on abortion and birth control.
Argentina underlined the support from Brazil, France, Mexico, (even the IMF), among other institutions in the country's long exhausting litigation with hedge funds, an issue which is crucial for Argentina and the whole international financial system.