Indonesia has stopped imports of US beef, following a case of mad cow disease that was detected in California, reports Farming News Daily. Indonesia Agriculture Minister Suswono said the government had no time frame, but said the suspension applied to all beef shipped after April 24.
US President Barack Obama has warned of hard days ahead at a Nato summit in Chicago dominated by the issue of withdrawal from Afghanistan. France's new President Francois Hollande has again said he will pull French troops out by the end of 2012, nearly two years ahead of schedule.
The US mega-bank JPMorgan Chase & Co loss from derivatives trading may widen to 5 billion dollars, the Wall Street Journal reported on Friday. CEO Jamie Dimon personally approved the strategy that led to the trades, without monitoring how they were executed, the newspaper said.
Billionaire Warren Buffett's company is making another foray into US newspapers, agreeing to buy 63 newspapers from Media General Inc for 142 million dollars.
The long-delayed free-trade deal between Colombia and the United States came into force on Tuesday, a step that should boost the country’s exports and foreign investment, President Juan Manuel Santos said.
By Jorge Argüello (*) - What defines a protectionist country nowadays? Is it when a developing country takes precautions against a flood of products with plummeting prices due to an international crisis? Or, is it when an export powerhouse delivers large subsidies exclusively for domestic production? In a world economy like today’s can protectionism be measured solely by Customs measures or those targeting imports?
United States ambassador Julissa Reynoso said Uruguayan president Jose Mujica is welcome to the White House whenever he wishes, and revealed that Uruguay is in the short list of countries that soon could be exempted from requiring a visa to travel to the US.
The number of Americans submitting new applications for jobless benefits edged down last week, easing concerns the labour market was deteriorating after April's weak employment growth.
Residents of Japan, Canada and the United Kingdom are getting a taste of the United States' first-ever marketing campaign aimed at boosting tourism. The print, web and video ads released last week were created by Brand USA, a partnership of government agencies and private companies.
President Barack Obama plunged into his campaign for a new term and tore into rival Mitt Romney on Saturday for being willing and eager to “rubber stamp” a conservative Republican congressional agenda to cut taxes for the rich while slashing spending on programs that benefit an embattled middle class.