United States

Tuesday, January 28th 2014 - 17:57 UTC
What can the U.S. learn from Latin America’s declining inequality?

By Heraldo Muñoz (*) - President Obama recently declared that inequality is “the defining challenge of our age.” When inequality is becoming a growing debate in the United States, what lessons can be drawn from Latin America, which — although still highly unequal — is the only region that managed to reduce income inequality in the last decade?
Monday, January 27th 2014 - 19:26 UTC
Coca Cola CEO warns youth unemployment is a great risk for social peace

Unemployment among teens and young adults represents a huge global problem, says Muhtar Kent, CEO of Coca-Cola. In the United States, teenage unemployment totaled 20.2 percent in December and if the situation isn't addressed, the results could be devastating, the social peace and fabric of the world is in danger.
Wednesday, January 22nd 2014 - 11:36 UTC
Obama will visit Francis March 27; both leaders have pledged to tackle gap between rich and poor

US President Barack Obama plans to visit with Pope Francis at the Vatican in March during a trip to Europe, the White House has announced. Obama is scheduled to meet with the pope on March 27 in a trip that will include stops in the Netherlands, Belgium and other parts of Italy, it said in a statement.
Saturday, January 18th 2014 - 06:21 UTC
Obama announces contention policy for NSA monitoring activities

President Barack Obama has announced a ban on US eavesdropping on the leaders of close friends and allies, and rein in the vast collection of Americans' phone data in a series of reforms triggered by Edward Snowden's revelations.
Friday, January 17th 2014 - 07:45 UTC
US consumer inflation in December, 0.3% and in twelve months 1.5%

US consumer inflation spiked in December, driven higher by rising fuel prices. The consumer price index rose 0.3% on a seasonally adjusted basis, the US Labor Department said.
Friday, January 17th 2014 - 07:29 UTC
US Congress supports budget peace for the rest of the fiscal year

Washington's battles over government funding ended with a whimper today as the US Senate approved a 1.1 trillion dollars spending bill that quells for nearly nine months the threat of another federal agency shutdown.
Friday, January 17th 2014 - 07:09 UTC
US Congress wants action on banks involved in the commodities business

United States lawmakers are pressing the Federal Reserve to act more forcefully, and quickly, to limit banks’ involvement in the commodities business, which has been blamed for inflating prices on everyday items like electricity and canned beverages.
Wednesday, January 15th 2014 - 07:11 UTC
New EPA rule requires chemical disclosure for offshore fracking

$Governor Jerry Brown does not support a ban on fracking and insists the new law is rigorous.$

By. Nick Cunningham of Oilprice.com - The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they discharge into the ocean. Oil and gas companies have been fracking offshore California for perhaps as long as two decades, but they largely flew under the radar until recently.
Wednesday, January 15th 2014 - 06:50 UTC
Argentine case of possible money laundering with mutilated US dollar bills

US federal agents who seized more than 4 million dollars in US banknotes shipped from a famous money exchange house in Buenos Aires, Alfredo Piano, uncovered what they claimed was a cache of dirty money. Piano, 82, said many of the 100 dollar-bills were filthy and others had been ravaged by fire, water and even dogs.
Tuesday, January 14th 2014 - 23:54 UTC
US congress negotiating spending bill to avoid another shutdown of government

Negotiators in the US Congress unveiled a 1.1 trillion dollars spending bill that aims to prevent another government shutdown while boosting funding levels slightly for military and domestic programs - but not for “Obamacare” health reforms.