United States

Friday, August 31st 2012 - 04:42 UTC
Soy reaches record price at 650 dollars the ton, and could keep climbing

Soy beans in Chicago climbed to their highest having advanced 0.4% on Thursday to 650.47 dollars the ton, while corn up 0.2% to 319.47 dollars the ton came closer to its record value of last August, 327.25 dollars. Wheat meantime slid 0.2% to 324.64 dollars the ton.
Wednesday, August 29th 2012 - 21:58 UTC
US chicken business hit by grains’ costs will need to raise consumer prices

Brazil's JBS SA, the world's biggest meatpacker, sees rising costs for feed grains hitting its US chicken business mainly in the fourth quarter and will need to raise prices accordingly.
Wednesday, August 29th 2012 - 06:24 UTC
Republicans nominate Romeny-Ryan and point guns on Obama’s economic record

Republicans formally nominated Mitt Romney to challenge President Barack Obama for the White House, kicking off their storm-delayed convention with a barrage of sharp attacks on Obama's economic leadership.
Wednesday, August 29th 2012 - 03:07 UTC
US government sales soared to 66.3bn dollars in 2011; Saudis main buyers

US government sale of weapons soared by over three times in just one year - from 21.4 billion dollars in 2010 to 66.3 billion in 2011, the largest for a single year in the history of the US arms export program, according to a report by the US Congress Research Service.
Wednesday, August 29th 2012 - 03:02 UTC
Daughter of Cuban economy “reforms tsar” flees to the US and is living in Tampa

The 24-year-old daughter of Cuban Vice President Marino Murillo, sometimes mentioned as a possible successor to ruler Raul Castro, defected earlier this month and is now living in Tampa, Florida, according to Miami’s El Nuevo Heraldo.
Wednesday, August 29th 2012 - 02:29 UTC
Obama warns of flooding and evacuations as hurricane Isaac advances on the Gulf Coast

”President Barack Obama warned residents of the Gulf Coast Tuesday that there could be significant flooding from Tropical Storm Isaac and encouraged people to evacuate if instructed by authorities to do so.
Tuesday, August 28th 2012 - 05:11 UTC
Hurricane Isaac conditions festivity of Romney’s Republican Tampa convention

Instead of opening with a bang as originally planned, Mitt Romney's Republican convention started with a whimper on Monday as party leaders staged a low-key session while Tropical Storm Isaac churned through the Gulf of Mexico.
Friday, August 24th 2012 - 00:58 UTC
US jobs market remains bearish; Fed says recent economic data stronger

The number of US citizens filing new claims for jobless benefits unexpectedly rose last week, suggesting the labour market is healing too slowly to make much of a dent in the unemployment rate. However an official from the Federal Reserve said US economic data in recent weeks had improved.
Friday, August 24th 2012 - 00:48 UTC
Argentina challenges the US in trade and reaffirms current economic policies

The administration of President Cristina Fernandez again challenged the United States on the “trade restrictions in place against Argentine products” which it claims are part of “a protectionist policy inconsistent with from the World Trade Organization”.
Thursday, August 23rd 2012 - 06:31 UTC
Argentina/US trade conflict escalates following Argüello claims and strong reply from Washington

The current war of words over trade barriers going on between the US and Argentina further escalated tensions on Wednesday as Argentine Ambassador to the US Jorge Argüello highlighted: “the United States has been reported for a number of trade law violations.”