United States

Wednesday, September 14th 2011 - 06:26 UTC
Top Republicans criticize elimination of tax breaks in Obama jobs plan

Top opposition Republicans in Congress criticized today President Barack Obama's proposal to pay for a job creation plan by eliminating 467 billion dollars in tax breaks for wealthier Americans and corporations.
Wednesday, September 14th 2011 - 06:07 UTC
US to begin testing beef for six more strains of E.coli bacteria, said USDA

The US government announced Tuesday it will begin testing next year for six more kinds of E.coli bacteria in raw ground beef and tenderized steaks in order to boost protection of US consumers.
Monday, September 12th 2011 - 20:15 UTC
Obama calls on opposition not to play political games and approve jobs package

President Barack Obama called on Republicans not to play “political games” with his jobs plan as he pressed for swift passage of a 447 billion dollars package he hopes will revive the US economy and boost his re-election prospects.
Monday, September 12th 2011 - 05:42 UTC
Obama pays tribute to 9/11 and gives message of hope and optimism

US President Barack Obama marked the 10th anniversary of the Sept. 11, 2001, terrorist attacks by emphasizing Americans’ perseverance, saying that for all the wars, disruptions and soul-searching of the past decade the country’s values and optimism remain.
Sunday, September 11th 2011 - 02:51 UTC
Ten years after 9/11, Obama says the US is stronger and al Qaeda is on path to defeat

President Barack Obama said the United States was stronger 10 years after the Sept. 11, 2001, attacks and Americans would “carry on” despite continued threats against their safety.
Saturday, September 10th 2011 - 06:12 UTC
US says Germany must give “unequivocal” financial support to weaker Euro states

United States pressed Europe's strongest economies on Friday to give “unequivocal” financial support to weaker Euro zone states to overcome a debt crisis that threatens the world economy.
Friday, September 9th 2011 - 09:37 UTC
Republicans say Obama 450bn jobs plan proposals “merit consideration”

President Barack Obama urged Thursday evening a joint session of the US Congress to end what he calls the “political circus” in Washington, and move rapidly to approve job creation legislation he is sending to Capitol Hill. There was no official rebuttal from the opposition Republicans.
Friday, September 9th 2011 - 09:33 UTC
US trade deficit drops significantly in July as exports climb and oil prices fall

The U.S. trade deficit in goods and services dropped 13.1% in July to 44.8 billion dollars, the Commerce Department said Thursday.
Thursday, September 8th 2011 - 06:00 UTC
S&P met privately large bond investors suggesting the US debt downgrade, says WSJ

Ratings agency Standard & Poor's officials privately met with large bond-investors weeks before the firm's US debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.
Thursday, September 8th 2011 - 02:48 UTC
Soros predicts Euro crisis could be worse than Lehman Brothers

Billionaire George Soros believes that the current crisis of the Euro zone has the ‘potential to be a lot worse than the Lehman Brothers’ in the US due to the lack of consensus in the European Union to create an authority with enough power to handle this problem.