
Brasilia and Washington have taken the latest technical steps to open the US market to Brazilian beef, which if all runs smoothly together with a 60 to 90 days public consultation period could see the first shipments in the second quarter of next year. Currently because of sanitary barriers linked to Foot and Mouth Disease, FMD, Brazil can only export industrialized beef to the US.

The President Barack Obama administration is “exploring” a regional trade plan for the Americas that would be the most ambitious hemispheric initiative in years, but contrary to the failed experience of George Bush's FTAA (Free Trade Area of the Americas), this time it would be instrumented through Nafta (North American Free Trade Agreement) partners Mexico and Canada, according to a Miami Herald interview of Andres Oppenheimer with Secretary of State John Kerry.

The U.S. Federal Reserve will start scaling back its monthly bond-buying program as early as next month, but the reduction will be gradual. The Federal Reserve has been buying 85 billion dollars a month in government bonds in an effort to keep interest rates low and boost economic growth.

On the same day the Federal Reserve announced tapering of stimulus, the US Senate passed a two-year budget deal to ease automatic spending cuts and reduce the risk of a government shutdown, but fights were already breaking out over how to implement the budget pact

A US judge has ruled the National Security Agency's mass collection of telephone data may be unconstitutional. Federal District Judge Richard Leon said the electronic spy agency's practice was an arbitrary invasion.

All five US financial regulators have approved the Volcker rule, designed to restrict the finance industry in the wake of the 2008-09 financial collapse. Named after former Federal Reserve chairman Paul Volcker, it bans banks from using their own funds for trading activities and it is considered the centerpiece of the 2010 banking reform legislation known as Dodd-Frank.Banks will have until 21 July 2015 to comply with the rules.

The new US ambassador in Brazil Liliana Ayalde said President Barack Obama is prepared to receive his Brazilian peer Dilma Rousseff. The statement comes weeks after a state visit planned for last October was suspended by Dilma in protest over revelations of extensive US spying of Brazilian communications including the mobiles of the Brazilian leader.

The US House of Representatives has approved a two-year federal budget bill in a strong showing of cross-party support, further avoiding the specter of another government shutdown. The measure, written by the Republican and Democratic heads of the House and Senate budget committees respectively, was approved by a 332-94 vote.

The International Association of Antarctica Tour Operators (IAATO) has announced the appointment of Amanda Lynnes to the part-time position of Operations and Communications Assistant. Amanda is responsible for communicating IAATO’s key messages and will assist in the development of the environmental and operational components of the Association.

Global equity markets surged and the dollar rose against the Yen after stronger-than-expected US jobs data gave investors confidence the economy is strong enough to withstand an expected reduction in Federal Reserve stimulus.