United States

Friday, August 9th 2013 - 04:35 UTC
US asks for ‘credible’ investigation into the death of Cuban dissidents

The new U.S. ambassador to the United Nations, Samantha Power, asked Cuban authorities to launch a “credible” investigation into the death of dissident Oswaldo Paya, diplomats said on Wednesday.
Wednesday, August 7th 2013 - 16:46 UTC
US government lawsuits against Bank of America related to mortgage-backed securities fraud

US government filed two lawsuits against Bank of America relating to fraud on 850 million dollars of mortgage-backed securities. The Justice Department and the Securities and Exchange Commission filed parallel suits in North Carolina.
Tuesday, August 6th 2013 - 03:19 UTC
Iran’s activity in the Americas to be re-evaluated, pledges Kerry to Congress

In a recent letter to Republican senator Mark Kirk, the US State Department said that in light of Argentine prosecutor Alberto Nisman's report on Iran, they were now re-evaluating the information in their highly criticized May report on Iranian activity in the Western Hemisphere.
Friday, August 2nd 2013 - 02:51 UTC
US ‘extremely disappointed’ with Russian asylum to leaker Snowden

White House officials say they are “extremely disappointed” by Russia’s decision to grant asylum for one year to Edward Snowden, who is accused of leaking U.S. government secrets. Officials are deciding how to respond.
Thursday, August 1st 2013 - 03:19 UTC
Obama propose political consultant and elite fund-raiser as next ambassador in Argentina

The White House has confirmed that US president Barack Obama has proposed fellow Democratic Party member Noah Mamet as the new ambassador in Buenos Aires, to replace outgoing incumbent Vilma Martínez.
Wednesday, July 31st 2013 - 18:13 UTC
Marine antibiotic compound, anthracimycin could help fight new ‘super-bugs’

A completely new and unusual antibiotic compound has been extracted from a marine micro-organism found in sediments off the coast of California. The discovery of genuinely novel antibiotics is rare, and experts say resistance to the drugs poses a grave threat to human health.
Wednesday, July 31st 2013 - 17:13 UTC
Markets up after Fed confirms it will continue with 85bn monthly bonds’ purchase

US stocks extended gains in volatile trading on Wednesday after the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent. In a statement following its two-day meeting, the Fed said the economy continues to recover but still needs support.
Wednesday, July 31st 2013 - 16:38 UTC
US economy performance better than expected; expansion in 2012 was 2.8%

The US economy grew at an annualised pace of 1.7% in the second quarter of the year, the Commerce Department has said. That was a faster pace than expected by economists. It was also up from the growth rate for the first three months of 2013, which was revised lower to 1.1% from 1.8%.
Monday, July 29th 2013 - 21:48 UTC
US power regulator after JP Morgan Chase for market manipulation

The US power regulator outlined its case of market manipulation against JPMorgan Chase & Co as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation.
Saturday, July 27th 2013 - 20:13 UTC
US largest bank moving out of the commodities business; Congress investigation

New York-based JPMorgan, the largest US bank, said that it’s “pursuing strategic alternatives,” including the sale or spin-off of its commodities business, after an internal review. The statement came three days after a US congressional hearing investigated whether deposit-taking banks should be allowed to trade raw materials such as oil and industrial metals.