US consumer prices fell by 0.3% in May, the biggest monthly fall in more than three years, due largely to a sharp drop in petrol prices. Petrol prices fell 6.8%, while food prices were unchanged, the Labour Department said.
The US has stated that it will remain neutral in the Falklands/Malvinas Islands sovereignty dispute between Argentina and the United Kingdom, said the spokesperson of the US State Department’s Victoria Nuland after the announcement that the Islanders will hold a referendum in 2013 to decided whether they want to remain British or not.
United Nation’s Food and Agriculture Organization (FAO) said global food prices dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar.
New York City's top health official shot back at critics who have blasted the city's plan to limit the sale of oversized sugary drinks such as soda, calling beverage industry opposition ridiculous.
Economic growth in the United States picked up over the last two months and hiring showed signs of a “modest increase,” the Federal Reserve said in a report that ran counter to a growing sense of economic gloom.
US stocks fell more than 2% on Friday, dragging the Dow Jones into negative territory for the year after a dismal US jobs report added to fears that Europe's spiralling debt crisis was dragging down the world economy.
United States will reiterate at the coming OAS General Assembly that the Falklands/Malvinas Islands difference is a bilateral issue to be resolved between Argentina and the UK, which means the US delegation, will not take position in a possible declaration in support of Argentina.
Argentine Ambassador to US Jorge Argüello stated on Wednesday that the best way to reach a more balanced trade with the US is increasing Argentine exports to that country and clarified that Argentina has no plans to buy less, but rather selling more goods.
Mitt Romney clinched the US Republican presidential nomination on Tuesday with a resounding victory in Texas and now faces a five-month sprint to convince voters to trust him over Democratic President Barack Obama in the November 6 election.
OAS secretary general Jose Miguel Insulza believes US Secretary of State Hillary Clinton will miss the Organization of American States General Assembly because of “agenda problems” and not over discrepancies on the issues to the addressed.