United States

Friday, March 14th 2014 - 08:42 UTC
US will not side with Argentina in its dispute with hedge funds, says Kerry

US Secretary of State, John Kerry has rejected the possibility that the Barack Obama administration would side with Argentina in the long-standing dispute with hedge funds over the defaulted bonds from the 2001/2 meltdown. Still the US official praised what he considered some “positive steps” by the Cristina Fernandez government.
Thursday, March 13th 2014 - 23:25 UTC
Colorado state collects 2 million dollars from legal marijuana in January

US state of Colorado collected 2 million dollars in taxes from newly legalized recreational marijuana businesses in January. Colorado became the first US state to legalize the commercial sale of cannabis in 2012, and stores opened for business on 1 January 2014.
Thursday, March 13th 2014 - 22:38 UTC
Pope Francis invited to address a joint session of the US congress

United States House Speaker John Boehner invited Pope Francis to address a joint session of Congress - an unprecedented event - during an expected visit to the United States next year. Republicans and Democrats on Capitol Hill have quickly sought to invoke the popular pontiff's devotion to the poor.
Saturday, March 8th 2014 - 06:53 UTC
US Vice-president Biden expected to address Venezuelan situation while in Chile

US Vice President Joe Biden will hold talks with Latin American leaders about protest-hit Venezuela during his trip to Chile from Sunday for the inauguration of President Michelle Bachelet scheduled for Tuesday and which is expected to convene regional leaders.
Saturday, March 8th 2014 - 06:37 UTC
US unemployment rises slightly in February despite a boost in new jobs

The US economy added 175,000 new jobs in February, but the unemployment rate rose slightly to 6.7%. The jobs figures, from the US Labor Department, were better than many had been expecting and marked a rebound from two weak months.
Thursday, March 6th 2014 - 05:38 UTC
US Supreme Court rules for British Gas in arbitration case against Argentina

The US Supreme Court ruled on Wednesday for British company British Gas Group Plc in its effort to reinstate a 185.3 million dollars arbitration award against Argentina that a US appeals court threw out.
Thursday, March 6th 2014 - 05:31 UTC
US budget battle takes off: Obama emphasizes combating poverty and helping middle class

President Barack Obama proposed new tax credits and job-training programs for US workers in a 2015 budget that drew instant condemnation from Republicans, who dismissed the document as an election-year campaign pitch.
Tuesday, March 4th 2014 - 23:44 UTC
Several Caribbean BOTs listed in the US 2014 narcotics control strategy report

The United States has named several Caribbean Community (CARICOM) countries as major money laundering states whose financial institutions engage in currency transactions involving significant amounts of proceeds from international narcotics trafficking.
Saturday, March 1st 2014 - 02:22 UTC
US economy expanded at a 2.4% annual rate, down from the 3.2% estimated

The US government slashed its estimate for fourth-quarter growth as consumer spending and exports were less robust than initially thought, leaving the economy on a more sustainable path of modest expansion. GDP expanded at a 2.4% annual rate, the Commerce Department said on Friday.
Friday, February 28th 2014 - 02:36 UTC
Fed asks US Congress to look into legal option for regulating virtual currencies such as bitcoin

The US Congress should look into legal options for regulating virtual currencies such as bitcoin, said Federal Reserve Chair Janet Yelleny. Japan-based bitcoin exchange Mt. Gox went dark leaving customers unable to access their accounts. Experts have warned they might not have much recourse to recover their money.