United States

Monday, April 4th 2011 - 04:12 UTC
Russian billionaire pays 100 million USD for mansion in San Francisco

Russian billionaire has paid 100 million US dollars for a mansion in the United States, one of the most expensive single-family homes sold in the country.
Saturday, April 2nd 2011 - 10:02 UTC
Document reveals magnitude and extent of 2007/2008 global financial crisis

The magnitude and extent of the 2007/2008 financial crisis and the liquidity mechanisms put to work, mainly the US Federal Reserve “discount window” has surfaced following disclosure this week in response to a Freedom of Information Act request. The following is a piece from Bloomberg’s which describes some of the surprises of those hectic days when the global financial system was on the edge of the cliff.
Saturday, April 2nd 2011 - 07:53 UTC
US jobless rate drop for second month running could indicate inflection point

US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8%, (from 8.9% in February) marking a decisive shift in the labour market.
Saturday, April 2nd 2011 - 06:39 UTC
Nasdaq and ICE bid for New York Stock Exchange Euronext

US exchanges Nasdaq and ICE have mounted a 11.3 billion US dollars bid for NYSE Euronext, topping a previous offer from Deutsche Boerse. The bid compares with Deutsche Boerse's offer of 10.2bn.
Thursday, March 31st 2011 - 23:57 UTC
Jimmy Carter calls for the end of US embargo and democracy in Cuba

Former US president Jimmy Carter - on a visit to Cuba - has criticized US policy towards the island. Carter said the decades-long US trade embargo and travel ban damaged the Cuban people and hindered rather than helped reform.
He also urged the Cuban government to move towards democracy and allow complete freedom of speech.
Tuesday, March 29th 2011 - 04:53 UTC
Obama justifies his first war, but will not go down the Iraq road

US President Barack Obama has defended the first war launched under his presidency, insisting US military involvement in Libya will be limited. He told Americans US intervention as part of the coalition had saved “countless lives” threatened by the forces of the “tyrant” Muammar Gaddafi.
Tuesday, March 29th 2011 - 04:50 UTC
Former president Clinton apologized for the financial crisis triggered by the US

Former US president Bill Clinton apologized for the international financial crisis which triggered by the United States in 2008 and rapidly extended to the rest of the world.
Tuesday, March 29th 2011 - 04:44 UTC
Cheap dollar makes US a formidable competitor in beef and chicken production

Emerging countries such as Brazil found a significant space to expand meat exports during the last decade but a heavy weight competitor, United States will be gaining international competitiveness in the sector in coming years because of the steep depreciation of the US Dollar against other currencies.
Tuesday, March 29th 2011 - 00:49 UTC
Gold chain found off Key West; could belong to 17th century Spanish galleon

Divers from Mel Fisher's Treasures in Key West, extreme south Florida, have recovered an antique gold chain believed to be from the Spanish galleon Nuestra Señora de Atocha, which sank during a 1622 hurricane. In 1985, these same treasure hunters had previously found more than 450 million US dollars in artefacts from the wreck.
Tuesday, March 29th 2011 - 00:43 UTC
Jackpot with 319 million US dollars benefited seven New York state employees

Despite reports that seven New York state government workers held the winning 319 million US dollars ticket in the Mega Millions lottery, as of Sunday, no one had come forward to claim the prize, a New York Lottery spokeswoman said Monday.