United States

Thursday, February 13th 2014 - 01:31 UTC
Still divided, US Congress lifts government borrowing limit...until 2015

The US Senate has sent to the president a bill to raise the country's borrowing limit for another year, ending a series of political standoffs over the issue. The chamber passed the bill on a 55-43 party line vote a day after it narrowly passed the House of Representatives.
Tuesday, February 11th 2014 - 23:53 UTC
Yellen confirms Bernanke approach: labor market recovery “far from complete”

Federal Reserve Chair Janet Yellen said on Tuesday the US central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was “far from complete.”
Monday, February 10th 2014 - 03:47 UTC
Timerman calls two US Senators 'extremists', ideologically opposed to US public opinion

Argentine foreign minister Hector Timerman called US senators Marco Rubio and Robert Menendez “extremists”, who don't represent the will of the Senate, the US government or the US people.
Saturday, February 8th 2014 - 09:10 UTC
Capitanich reacts to US Senators statements on Cristina Fernandez government

Argentina's cabinet chief Jorge Capitanich reacted on Friday to US Senators' remarks who on Thursday harshly criticized the economic policies of President Cristina Fernandez administration and forecasted an economic collapse sooner than later.
Saturday, February 8th 2014 - 08:36 UTC
Unemployment in the US falls to lowest level since October 2008, but it's not enough

The US economy added 113,000 jobs in January; the second month in a row the figure has been weaker than expected. Economists had predicted the US Labor Department would report an increase of about 180,000 new jobs. However, the unemployment rate fell to 6.8%, the lowest level since October 2008.
Friday, February 7th 2014 - 07:13 UTC
Two leading US Senators anticipate an economic crisis in Argentina, soon

The current Argentine economic situation reached the US Capitol during the hearings to consider President Obama's nomination for future ambassador in Buenos Aires, and what was said was not encouraging.
Wednesday, February 5th 2014 - 22:59 UTC
US, the world's largest producer of oil approves licenses to export crude to Europe

The United States government has approved at least four licenses to export crude oil to Europe, for the first time in years, showing how companies are breaking through the limits of the export ban established in the 1970s, according to Reuters which learned about the fact from a Freedom of Information Act request.
Wednesday, February 5th 2014 - 08:38 UTC
US Senate passes 1 trillion dollars farm bill with crop insurance program, cuts in subsidies and food stamps

The United States Senate on Tuesday passed the long-awaited almost 1 trillion dollars farm bill, ending two years of partisan clashes and stalled negotiations. The bill was approved with strong bipartisan support, 68 to 32.
Tuesday, February 4th 2014 - 09:00 UTC
Yellen is sworn in as chair of Federal Reserve; Bernanke returns to academia

Janet Yellen on Monday was sworn in as chair of the Federal Reserve, the US central bank, replacing Ben Bernanke in the role. She is the first woman to hold the post at the Washington-based bank.
Friday, January 31st 2014 - 06:53 UTC
US economy advancing at steady pace fuelled by robust consumer spending

The U.S. economy advanced at a steady pace in the last months of 2013, growth that was fueled by robust consumer spending. The government's Commerce Department said Thursday the world's largest economy grew 3.2%t in the October-to-December period, following a 4.1% advance in the third quarter.