United States

Wednesday, September 21st 2011 - 21:28 UTC
Fed injects more ‘accommodation’ liquidity to bonds’ market and housing

With three dissenting members the Federal Reserve announced on Wednesday further efforts to prop the US economy launching an accommodation program to put more downward pressure on long-term interest rates and increase its support for housing.
Wednesday, September 21st 2011 - 05:25 UTC
Obama and Rousseff address world crises and pledge new talks before G20 meeting

The world crisis was the main issue addressed by Brazilian president Dilma Rousseff during the bilateral meetings with US President Barack Obama and later with her peer Mexico’s Felipe Calderon in New York.
Wednesday, September 21st 2011 - 05:13 UTC
End of ‘don’ ask, don’t tell’: gays can serve openly in the US military.

President Barack Obama hailed the end of the policy banning gays from serving openly in the US military, saying its official demise marked a key step toward fulfilling America's founding ideals.
Tuesday, September 20th 2011 - 09:12 UTC
Obama outlines tax the rich and reduce deficit plan; Republicans call it ‘class warfare’

President Barack Obama has outlined plans to reduce the US deficit and to kick-start economic growth. At the White House, he proposed cuts to healthcare benefits but said business and the wealthy must pay higher taxes.
Monday, September 19th 2011 - 06:34 UTC
Obama to propose a “Buffett Tax” on people making over a million dollars

US President Barack Obama, will propose a 'Buffett Tax' on people making more than US$1 million a year as part of his deficit recommendations to Congress on Monday.
Monday, September 19th 2011 - 06:27 UTC
Do only “Girls Just Wanna Have Fun”? Not in New York City!

We have come a long way since the days of the creation of the movie “The Adventures of Priscilla Queen of the Desert,” but the story still rings true today.
Saturday, September 17th 2011 - 02:28 UTC
Geithner’s proposal to scale up rescue package gets cool response from EU

US Treasury Secretary Timothy Geithner drew a cool response from EU policymakers when he urged them to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice.
Friday, September 16th 2011 - 07:00 UTC
US inflation eases in August as fuel prices climb modestly

United States inflation rate decelerated slightly in August as gasoline prices climbed at a more modest pace and the cost of buying a new car held flat, the Labour Department said on Thursday.
Thursday, September 15th 2011 - 21:43 UTC
US financial crisis is “political” and needs of strong decisions, says Rousseff

Brazilian president Dilma Rousseff said the financial crisis in the Untied States which is contaminating the rest of the world is more ‘political’ than economic and it’s not only a matter of money, but also and mainly of ‘strong decisions’
Thursday, September 15th 2011 - 21:08 UTC
One out of every four US Hispanics is living in poverty, shows 2010 Census

One out of every four US Hispanics – 13.2 million people – is living in poverty, according to a report based on the US 2010 Census data that was released this week.