The European Commission agreed Tuesday negotiating guidelines for talks with the United States on the world's biggest Free Trade Agreement, stressing a pragmatic approach to even sensitive subjects.
Hiring in the US has gathered momentum after government figures showed that the economy created 236.000 jobs in February. The figure was much higher than analysts had expected, and more than the 157,000 jobs created in January.
President Barack Obama said within hours of the death of President Hugo Chavez Tuesday that the United States was interested in a constructive future relationship with Venezuela.
Gross domestic product (GDP) in the US in the last three months of 2012 has been revised from showing contraction to growth. The Commerce Department's second estimate was that the economy had grown at an annualised 0.1%. The first estimate was a 0.1% contraction.
US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy. The cuts - known as the sequester and drawn up two years ago will take 85bn dollars from the US federal budget this year.
US-EU plans to join forces via a free-trade agreement are taking on shape. During his Berlin visit, US Secretary of State John Kerry described the planned pact as a priority for President Barack Obama's second term and marked out the agreement as a key element in cementing transatlantic ties.
Jack Lew won the Senate Finance Committee’s approval to become US Treasury secretary and a full vote in the upper house confirmed Chuck Hagel as the next US defense secretary. The Senate approved the nomination Tuesday in a vote of 58 to 41.
Foreign Secretary William Hague will discuss the United States' position on the Falkland Islands with Secretary of State John Kerry following reports that Washington will not recognise the result of next month's referendum.
Brazilian farmer groups are opposing a contract that Monsanto the world’s biggest seed company is offering farmers to end a dispute over royalty payments on its genetically modified soybean seeds. Monsanto is trying to resolve uncertainty over its ability to collect fees on its new Intacta soybeans, which it is scheduled to start selling in Brazil during the next growing season.
A New York federal appeals court has agreed to hear from more parties potentially affected by its review of a decision requiring Argentina to pay 1.33 billion dollars to bondholders who did not participate in two debt restructurings.