The US Federal Reserve said on Wednesday that all but one of its 12 banking districts experienced modest expansion from late November through the end of the year. The survey known as the Beige Book showed that the final weeks of 2011 were among the strongest.
Nicaragua President Daniel Ortega takes office for a third time on Tuesday with an ample majority in Congress and in the presence of close allies such as Iran’s Mahmud Ahmadinejad and Venezuela’s Hugo Chavez.
Iranian President Mahmoud Ahmadinejad and Venezuela's Hugo Chávez lavished each other with praise on Monday, mocked US disapproval and joked about having an atomic bomb at their disposal.
Venezuelan President Hugo Chavez resumed on Sunday his weekly television and radio broadcast after a seven-month pause. Chavez's program, Alo Presidente, had been halted while he was receiving treatment for cancer.
Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.
Venezuelan President Hugo Chávez named as Defence minister General Henry Rangel Silva, who the United States has described as a “drug kingpin” linked to cocaine smuggling from neighbouring Colombia.
President Barack Obama kicked off an effort to encourage US businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme aimed at courting middle-class voters.
The US Government said they are closely following the evolution of President Cristina Fernández health after she underwent surgery to remove a thyroid tumour, and highlighted the Argentine leader’s “very good” relationship with Secretary of State, Hillary Clinton.
United States sent a strong message to Latin American countries preparing to host Iranian president Mahmoud Ahmadinejad saying Washington’s policy regarding the Teheran regime is “very well known”.
Devon Energy Corp announced Tuesday the sale to China’s Sinopec of a one-third stake in five shale projects in the United States. The terms of the deal call for China’s No. 2 oil company to pay 900 million dollars in cash to the US firm and contribute 1.6 billion toward the cost of drilling.