Latin America is enjoying growth and stable democracy with the notable exceptions of the leftist governments of Cuba, Nicaragua and Venezuela, Secretary of State Hillary Clinton said Wednesday.
Secretary of State Hillary Clinton said Wednesday that Al Jazeera is gaining more prominence in the US because it offers “real news”--something she said American media were falling far short of doing.
The recent hike in oil prices will likely cause a “temporary and relatively modest increase in U.S. consumer price inflation,” but sustained increases could pose a more serious threat to the economy, Federal Reserve Chairman Ben Bernanke said earlier this week.
Sales of new vehicles jumped markedly in the United States in February, with sales by the world's two biggest automakers up the most.
The US House of Representatives has approved a measure to fund the US government for a further two weeks, avoiding a looming shut-down. The bill from the Republican-led chamber would cut government spending by 4 billion USD in that period.
United States government deficits are the biggest long-term worry of top U.S. economists, according to a survey released Monday. The survey of 47 top economists by the National Association of Business Economics predicted that the US federal deficit will jump to 1.4 trillion US dollars in the fiscal year ending in September.
Former White House chief of staff Rahm Emanuel was elected mayor of Chicago in the most competitive city hall election in more than two decades. Emanuel, who is also a former congressman, trumped five rivals with 55% of the vote.
U.S. gross domestic product expanded at an annualized rate of 2.8% in the fourth quarter of 2010, compared with an earlier estimate of 3.2% GDP growth, the Commerce Department said Friday.
Unite States officials said they would continue to claim the US Air Force aircraft cargo seized in Argentina and rejected point blank pressures on embassy officials from Argentina’s Foreign Affairs minister Hector Timerman to abstain from comments on the issue with the Argentine press.
In what is considered a milestone victory for US radical conservatives the Wisconsin state Assembly approved a Republican proposal to strip public sector unions of most collective bargaining rights despite fierce objections from Democrats and labour unions.