United States

Saturday, September 3rd 2011 - 08:01 UTC
“Argentina’s turnaround tango” as an inspiration for Obama and US Congress

An opinion editorial of the US newspaper The New York Times titled “Argentina’s turnaround tango” stated that President Barack Obama and the US Congress should look to Argentina “for inspiration” in economic policies issues. Nevertheless, the article also warned about the corruption and “government opacity“of the Latin American country.
Saturday, September 3rd 2011 - 00:44 UTC
US government to sue 17 major banks for losses on sub-prime mortgages

US authorities announced legal actions against 17 major banks for losses on mortgage-backed investments that cost taxpayers tens of billions of dollars. The Federal Housing Finance Agency said it was taking action against banks including Goldman Sachs, Barclays, Bank of America, Deutsche Bank, and HSBC.
Friday, September 2nd 2011 - 21:36 UTC
World markets collapse on fears US economy is stalling and dismal jobs data

Fears that the US economy is stalling and may be heading back into recession caused a severe slump in stock markets around the world on Friday. With European indexes already shaken by concerns with Greece and the Euro, worse-than-expected US jobs data drove investors to unload stocks.
Friday, September 2nd 2011 - 08:39 UTC
Thatcher and Falklands’ military campaign invoked by US presidential hopeful

A United States congresswoman running a surprising strong campaign for the Republican presidential nomination has compared herself to ex-British Prime Minister Margaret Thatcher in a foreign policy speech aimed in part at convincing US veterans that she would make a strong commander in chief.
Friday, September 2nd 2011 - 08:31 UTC
Obama hints mix of tax cuts and infrastructure spending in next week jobs speech

US President Barack Obama sharply cut estimates for US economic growth, underscoring the difficult challenge he faces in spurring a stronger recovery and creating more jobs.
Thursday, September 1st 2011 - 05:23 UTC
Obama jobs-speech in Congress will compete with opening game of football season

President Barack Obama on Wednesday agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
Thursday, September 1st 2011 - 02:48 UTC
US effort to track gun-smuggling to Mexico ends in failure and major scandal

The acting director of the US Bureau of Alcohol, Tobacco and Firearms (ATF) and the US attorney in Arizona are resigning over a botched operation to track the flow of guns to Mexico.The ATF' Kenneth Melson had recently faced pressure by Congress to resign.
Thursday, September 1st 2011 - 02:40 UTC
Obama jobs’ speech before Congress request triggers political controversy

US President Barack Obama says he will announce plans to promote jobs and economic growth in a speech to Congress next week, although there is a now a dispute involving the Republican Speaker of the House of Representatives over the timing of the event.
Thursday, September 1st 2011 - 02:37 UTC
US private sector job growth slowed in August for second month running

The pace of US private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls’ processor showed Wednesday.
Wednesday, August 31st 2011 - 21:29 UTC
Controversy over US highest paid CEOs and taxes paid by their companies

The 25 highest paid US chief executives earned more last year than their companies paid in federal income tax, a study has said. The average annual remuneration of the 25 bosses was 16.7 million dollars, the left leaning think tank Institute for Policy Studies (IPS) found.