The Cuban revolution leader Fidel Castro in his latest ‘Reflections’ column “The brutal and turbulent North” writes about China’s report on human rights in the United States, which is basically a counter report on Washington’s annual document on the human rights situation in each of the world’s countries.
The United States lacks a credible plan to cut its deficit over the medium term, the International Monetary Fund's chief economist Olivier Blanchard told French daily Le Monde in an interview published Wednesday.
Google Inc. said announced this week that together with two Japanese partners they will pay General Electric Co. about 500 million US dollars for a majority equity stake in the world's largest wind farm, under construction in Oregon.
United States Treasury Secretary Timothy Geithner said he was confident Congress would raise the country’s debt limit and that it may need to do so before a deal is reached to rein in future budget deficits.
Uruguay resisted pressures from the administration of former US President George W. Bush to reduce ties with Iran. Uruguay’s Foreign Affairs minister Luis Almagro on a Middle East tour made the revelation during a meeting in Teheran with President Mahmoud Ahmadinejad, according to the official Iranian news agency.
In 2005, with Chile negotiating a Free Trade Agreement with China, the United States became increasingly worried over China’s influence in the area, according to a confidential cable released last week by Wikileaks.
The United States have been warned that the credit rating on its government debt could be cut by Standard & Poor's. The risk rating agency is concerned that Democrats and Republicans will not be able to agree a plan to reduce the growing US deficit.
US March retail prices rose 0.5% accumulating 2.7% in the last twelve months according to the latest report from the US Labour Department. Core consumer price index, which excludes volatile food and energy prices, was up only 0.1%.
US President Barack Obama said the United States must use the tax code to help meet its targets for reducing the deficit and said that the wealthiest Americans must help achieve that goal.
President Barack Obama called for an overhaul of the U.S. tax code for individuals and businesses and said he wants to raise an additional 1 trillion US dollars through tax increases over the next decade.