United States

• Monday, November 19th 2012 - 11:37 UTC

  Gasoline rationing extended in New York until next Friday

  

  Gasoline rationing in New York City which was scheduled to end on Monday has been extended through Friday, even as the gas station lines that prompted it have all but disappeared.

• Saturday, November 17th 2012 - 23:02 UTC

  US reshpaing foreign policy based on ‘power of economics’ and jobs diplomacy’

  

  US foreign policy is being reoriented to promote American economic interests after Washington was tied down by two wars in the past decade, Secretary of State Hillary Clinton said on Saturday.

• Friday, November 16th 2012 - 00:42 UTC

  BP pleads guilty to Gulf of Mexico spill and will pay a record 4.5bn

  

  BP Plc agreed on Thursday to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record 4.5 billion dollars including the biggest criminal fine in United States history. Three BP employees were also charged, two of them with manslaughter.

• Thursday, November 15th 2012 - 11:01 UTC

  Obama immigration reform wants to attract and retain highly skilled manpower

  

  US President Barack Obama plans to give new thrust to a comprehensive immigration reform in the country, one that would not only address the issue of illegal immigrants but also how to attract and retain highly skilled manpower from the rest of the world.

• Thursday, November 15th 2012 - 06:38 UTC

  “A modest tax increase on the wealthy is not going to break their backs” said Obama

  

  President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%.

• Wednesday, November 14th 2012 - 23:44 UTC

  Holdout bonds’ ruling: Argentina files a retrial petition at the US Court of Appeals

  

  Argentina filed on Tuesday a petition for a retrial at the US Second Circuit Court of Appeals over a debt ruling that would force the country to pay holdout creditors owning bonds in default since 2002.

• Tuesday, November 13th 2012 - 23:04 UTC

  Brazil orange shipments to EU suspended after samples of black spot fungus found

  

  Orange shipments from Brazil to the European Union were suspended after EU officials found samples with black spot fungus, a Brazilian government official said.

• Tuesday, November 13th 2012 - 23:00 UTC

  US public opinion pessimistic about a political agreement on the ‘fiscal cliff’

  

  A majority of Americans expect the US to go over the fiscal cliff at the beginning of 2013 and would blame Republicans if that happened, according to a poll published Tuesday. On Friday Democrat and Republican congressional leaders are scheduled to begin discussions.

• Saturday, November 10th 2012 - 05:32 UTC

  Judge Griesa warns Argentina on defying paying holdout bondholders

  

  US District Judge Thomas Griesa told Argentina it should not even consider evading a recent ruling requiring it to pay bondholders who did not participate in two major debt restructurings after the country's 2002 default.

• Saturday, November 10th 2012 - 05:08 UTC

  Next week takes off the ‘fiscal cliff’’ battle with meeting in White House of party leaders

  

  Newly re-elected President Barack Obama said on Friday the wealthy must pay more taxes under any political deal to avert a looming budget crisis. He said Congress must act against the so-called fiscal cliff, a package of tax rises and spending cuts due early next year.