
The US economy grew at its fastest pace in one and a half years in the fourth quarter of 2011, but a strong rebuilding of stocks by businesses and a slower pace of spending on capital goods hinted at softer growth early this year.

The administration of US President Ronald Reagan was aware of the “planned” stealing of babies born in captivity from jailed political prisoners, during the Argentine military dictatorship (1976/1983), since there was a “clear decision” to hand them to families considered faithful and reliable to the regime, said a former top US official.

At least 85 dolphins have beached in a shallow inlet of a US nature reserve at Cape Cod, officials reported adding that the cause of the mass stranding remained a mystery.

The Federal Reserve has said it does not now expect to raise interest rates in the US until late 2014. The surprise move announced Wednesday sent the dollar sharply lower in markets, and caused US government borrowing costs to fall.

President Barack Obama has attacked income inequality as he set the tone for his re-election bid in his third State of the Union speech. Obama emphasised the importance of an economy that works for everyone, in the nationally televised address to Congress.

The cause of an early morning fire in Florida State Seminole County that destroyed one of the world's oldest cypress trees, 3.500 years, remained a mystery, but a state forestry investigator is convinced it was not the work of an arsonist.

Argentina celebrated with ‘enthusiasm’ Washington’s statement that it recognizes the ‘de facto UK administration of the Falklands/Malvinas’ but takes no position regarding sovereignty and calls on both sides to dialogue, said Foreign Affairs minister Hector Timerman.

The US Department of State is committed to improving the visa process, decreasing interview wait times in key tourism markets such as Brazil and China and increasing the number of visas issued, reported an official release.

Eastman Kodak Co. has a little more than a year to reshape its money-losing businesses and deliver a get-out-of-bankruptcy plan. Girded by a 950 million dollar financing deal with Citigroup Inc., the photography pioneer aims to keep operating normally during bankruptcy while it peddles a trove of digital-imaging patents.

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.