United States

Tuesday, September 18th 2012 - 06:41 UTC
Soy, corn and wheat futures with record drops in Chicago on improved yields of US crop

US soybean futures tumbled on Monday trading posting their biggest percentage drop in nearly one year, on selling sparked by anecdotal accounts of better-than-expected yields in the Midwest farm belt.
Saturday, September 15th 2012 - 05:42 UTC
Obama says his administration has been ‘very aggressive’ in expanding relations with Latin America

US President Barack Obama denied on Thursday contrary to what many of his critics contend that he has neglected Latin America and said that his administration has been “very aggressive” in trying to broaden relations with the region.
Friday, September 14th 2012 - 00:51 UTC
Brazilian extends tax breaks to two dozen industries to stimulate economy

Brazil rolled out additional stimulus measures to bolster its sluggish economy on Thursday, extending tax breaks to more than two dozen industries and reducing the cost of acquiring capital goods in a bid to help struggling local businesses.
Friday, September 14th 2012 - 00:48 UTC
Half a million dollars reward for information regarding fate of Raoul Wallenberg

The International Raoul Wallenberg Foundation is increasing to 500.000 dollars the reward it is offering to any person or entity who can provide solid and provable information on the whereabouts of Wallenberg and his chauffeur, Vilmos Langfelder, Baruch Tenembaum and Eduardo Eurnekian, Founder and Chairman of the Foundation, announced last week.
Thursday, September 13th 2012 - 18:42 UTC
Fed announces further financial stimuli for the US economy to help employment

The US central bank announced on Thursday it will resume its policy of pumping more money into the economy via so-called quantitative easing which consists of buying “additional agency mortgage-backed securities at a pace of 40 billion dollars per month”.
Thursday, September 13th 2012 - 02:34 UTC
South America cruise industry “must work together and rein in costs”

South America's cruise industry has been growing fast and holds vast potential, but the region must work together to tackle issues, create demand and rein in costs, said speakers at the Seatrade South America Cruise Convention in Buenos Aires.
Wednesday, September 12th 2012 - 14:44 UTC
Whistleblower in tax-fraud case against UBS receives 104 million dollars rewards from US

The whistleblower in a breakthrough tax fraud case against Swiss bank UBS AG has won a record-setting 104 million dollars reward from the US Internal Revenue Service, a handsome payout that could entice more informants to come forward.
Wednesday, September 12th 2012 - 01:48 UTC
Moody's warns US may lose triple-A debt rating if no agreement is reached on the debt

The United States may lose its triple-A debt rating if next year's budget negotiations do not produce policies that over time decrease the country's debt, Moody's Investors Service said in an e-mailed statement on Tuesday.
Tuesday, September 11th 2012 - 06:01 UTC
Poor news in China and US could mean additional stimuli could be in the pipeline

The Brazilian stock exchange Bovespa index rose for a third session as Brazilian raw-material producers rallied after weaker economic data from China to the US fueled strong hopes policy makers will take further steps to boost growth.
Saturday, September 8th 2012 - 06:16 UTC
The day after the Charlotte convention, back to reality with the jobs’ market stats

US President Barack Obama said on Friday the labour market is not hiring workers fast enough, following the release of a government report that showed weaker-than-expected employment figures.