US House of Representatives speaker John Boehner is urging Republicans to back his plan to cut the US budget and raise the debt limit. Boehner's appeal to conservative House Republicans came despite a White House veto threat and rejection from Democratic leaders in the Senate.
Wealth disparities in the United States between white households and black and Hispanic households are greater than they’ve been in the past 25 years, a new study from the Pew Research Centre reveals.
The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy.
US President Barack Obama reiterated on Sunday his opposition to any short-term plan to raise the US debt ceiling, while Republicans insisted on a two-step solution, a White House official said.
President Barrack Obama said he would be meeting with congressional leaders, at the White House at 1100 (1500 GMT) on Saturday. On Friday Republican House Speaker John Boehner walked away from crunch debt ceiling talks with the President.
For the second time in less than a month the United States Congress has sent a strong message to Argentina warning it “does not belong” to the group of countries that abides by international law and strongly promotes democratic values.
American Airlines has made the world's largest aircraft order, with a plan to buy 460 planes from Boeing and Airbus and options to acquire 465 more. The deal is worth 40 billion US dollars at list prices, with options taking the total to 81bn.
In a week’s time Ollanta Humala takes office in Peru as president for the next five years.
United States government and opposition senators are crafting a plan that could avert an unprecedented US government default if by next 2 August the national debt limit is not raised.
Influential foreign policy experts at the New York based Council on Foreign Relations (CFR) think the United States should move closer to Brazil politically and economically and recommend the creation of a Brazilian affairs office at the National Security Council.