US Treasury Secretary Timothy Geithner has announced that the 700 billion US dollars financial bail-out fund will be extended until October next year.
The United States trade deficit unexpectedly narrowed in October as exports rose to their highest level in almost a year, official figures have shown. The deficit fell to 32.9 billion US dollars, 7.6% lower than September's downwardly revised 35.7 billion
President Barack Obama defended the concept of a just war as he accepted the Nobel Peace Prize in Norway on Thursday. The US leader acknowledged he was a controversial recipient, not least because he is the commander-in-chief of a nation fighting two conflicts overseas.
A recent Gallup poll surveying Latinamerican perceptions of Barack Obama found that the US President’s strongest support comes from Chile, where 72% of those polled have a favourable image of him.
Recently nominated United States Assistant Secretary of State Arturo Valenzuela will be making his first trip to the region next week with visits to Mercosur full members, Brazil, Argentina, Uruguay and Paraguay, reported the US State Department.
The United States government said it has settled a long-running lawsuit against the Department of the Interior for mismanagement of trust fund accounts held by hundreds of thousands of Native Americans.
The US unemployment rate fell in November to 10% from 10.2% in October, Labour Department figures show. Employers in November cut the lowest number of jobs since the recession began in December 2007.
US President Barack Obama has set out an ambitious timetable for the deployment of an additional 30,000 soldiers in Afghanistan and the start date for military withdrawal.
Scientists and environmental groups criticised the Marine Stewardship Council (MSC) last week for proposing the certification of Ross Sea Antarctic toothfish. The certification is being recommended by UK-based Moody Marine, the organisation chosen by Ross Sea fishers and accepted by the MSC.
A number of influential economists and analysts warn of a double dip recession, even as the US economy slogs toward recovery. Well-known analyst Meredith Whitney, Chief Executive Officer of the Meredith Whitney advisory group, recently expressed pessimism about the economy in an interview on CNBC, a cable TV station.