British Petroleum is likely to agree to pay the US Department of Justice 20 to 25 billion dollars to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company has set aside.
While the Republicans can’t agree on a presidential candidate and continue to lash their own hopefuls, US president Barack Obama has been receiving additional good news from the jobs market.
United States Under Secretary of State for Democracy and Global Affairs Maria Otero said that one of the main purposes of President Barack Obama attendance to the coming Summit of the Americas in Colombia is to establish closer links with the region.
Argentina’s Ambassador in United States Jorge Argüello delivered his credential letters to President Barack Obama, who expressed his “joy” for the positive results of his counterpart Cristina Fernández surgery.
The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.
At the best of times, the U.S. government is regarded as somewhat out of touch with what's happening in the American heartland, much less the world at large, so much so that the phrase inside the Beltway was coined to define the syndrome.
Orange-juice futures rebounded from the biggest two-day slump since 2008 on renewed concern that a US government probe of imports from Brazil will tighten supplies. The Food and Drug Administration said it will detain all imports that contain carbendazim, a fungicide that isn’t approved for oranges in the US.
US Airways Group, Delta Airlines and private equity firm TPG Capital are among several parties interested in potential bids for AMR Corp, the bankrupt parent of American Airlines according to US financial media reports.
US President Barack Obama formally notified Congress that he plans a 1.2 trillion dollars increase in the US debt limit, setting the stage for Republicans to level election-year charges that deficits are out of control.
Mitt Romney cemented his status as the Republican presidential front-runner on Tuesday with a win in the New Hampshire primary that left rivals fighting for a chance to derail his march to the nomination as the race moves south.