United States

• Sunday, November 9th 2014 - 09:57 UTC

  US unemployment down to 5.8%, the lowest since July 2008

  

  The US economy added 214,000 jobs in October, while the unemployment rate has fallen to 5.8%, official Labor Department figures show. The number of jobs created is slightly below forecasts of about 230,000 new posts, but still indicates a healthy US jobs market.

• Saturday, November 8th 2014 - 06:39 UTC

  USS Constellation carrier towed to the scrapyard along the coast of South America

  

  The United States aircraft carrier Constellation, which spent most of its nearly 42 years of service operating out of San Diego Bay is being towed along the South American Atlantic coast on its way to be scrapped in Texas. This week it was sighted in the extreme south of Chile, Punta Arenas as it crossed to the Atlantic.

• Thursday, November 6th 2014 - 07:22 UTC

  Argentina and hedge fund NML Capital ratify their commitment to keep fighting

  

  Argentine Central bank chief Alejandro Vanoli, said the country will be not getting down on its knees in a negotiation with 'vulture funds' (hedge funds), once the January first date comes and the controversial RUFO clause, (preventing Argentina from voluntarily offering holdout creditors better terms than those of its 2005 and 2010 restructurings), falls.

• Thursday, November 6th 2014 - 06:28 UTC

  Cannabis debate in US rages with legalization claiming more states

  

  Residents of Oregon, Alaska, and the US capital Washington voted on Tuesday to legalize marijuana in key victories that could fuel the legalization movement as cannabis usage is increasingly recognized by the American mainstream.

• Thursday, November 6th 2014 - 06:17 UTC

  Most powerful Republican intends to employ a “trust and verify” with Obama

  

  Kentucky Senator Mitch McConnell said on Wednesday he intends to employ a “trust but verify” relationship with President Barack Obama when he takes the helm as the new Senate majority leader, saying voters sent a clear message that both parties must govern.

• Wednesday, November 5th 2014 - 06:43 UTC

  The end of an era: Is the US petrodollar under threat?

  

  Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East.

• Wednesday, November 5th 2014 - 05:59 UTC

  Republicans take control of the Senate: complicated last two years for Obama

  

  The Republican Party has taken control of the Senate in the US mid-term elections, increasing their power in the final years of President Barack Obama's presidency. After gains in Arkansas, Montana, South Dakota, West Virginia and Colorado, North Carolina clinched victory. Kentucky's Mitch McConnell will become the Senate majority leader.

• Wednesday, November 5th 2014 - 04:30 UTC

  US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute

  

  The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.

• Wednesday, November 5th 2014 - 03:43 UTC

  Argentina appeals Judge Griesa's 'contempt of court' ruling

  

  Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.

• Friday, October 31st 2014 - 21:21 UTC

  Argentina's holdout dispute spills into the White House: CFK sends letter to Obama questioning Ambassador Soderberg

  

  In a harsh letter, released on Friday, Argentine President Cristina Fernandez urged US President Barack Obama to explain whether ”Nancy Soderberg, the person you have appointed as Chair of the Public Interest Declassification Board (PIDB), which reports directly to the Government of the United States of America, is also the Co-Chair of the American Task Force Argentina (ATFA), an entity specifically created to attack and slander the Argentine Republic and its President.”