United States

Tuesday, November 30th 2010 - 05:31 UTC
Hillary praises US diplomats: “they are doing the work we want them to do”

US Secretary of State, Hillary Clinton, gave a press conference Monday in which she responded and charged against online whistle-blower Wikileaks after the worldwide diplomatic repercussions over the contents of 250,000 classified documents.
Monday, November 29th 2010 - 22:27 UTC
Obama begins to attack budget deficit: freezes federal workers pay for two years

Amid expectations over President Barack Obama's comments on the Wikileaks scandal, he instead offered a speech to announce a two-year freeze on the pay of federal workers, as he seeks to show he is committed to reining in the ballooning US budget deficit.
Thursday, November 25th 2010 - 20:58 UTC
World corn production slightly lower; lowest inventory in four years

World corn production will be 0.5% lower than forecast last month as reduced U.S. and Brazilian crops result in smaller-than-estimated inventories, the International Grains Council reported on Thursday.
Wednesday, November 24th 2010 - 20:55 UTC
US on the path of Japan’s stagflation of 18 years ago, says Nobel Prize

Economics 2008 Nobel Prize Paul Krugman said the United States is heading along a path of stagnation and deflation similar to that of Japan 18 years ago given the critical economic situation and the uncertain political scenario following the recent mid term elections that brought to Congress diehard Republicans.
Wednesday, November 24th 2010 - 00:54 UTC
The Fed cuts US economy growth estimate for 2011 and ups unemployment

The Federal Reserve has cut its 2011 growth forecast for the US economy, newly released minutes of its last policy committee meeting reveal. The Fed expects growth of 3-3.6% next year, down from its previous 3.5-4.2% estimate. It also forecasts higher unemployment and lower inflation than before.
Tuesday, November 23rd 2010 - 19:23 UTC
US economy grows faster than estimated in the third quarter: 2.5%

US economy grew faster than previously estimated in the third quarter, government data showed, but still not enough to address stubbornly high unemployment. GDP growth was revised up to an annualized rate of 2.5% from 2% as exports together with consumer and government spending were stronger than initially thought.
Monday, November 22nd 2010 - 20:45 UTC
Bolivia rejects US warning and will have dealings with whomever it wishes

Bolivian President Evo Morales delivered a blunt reply on Monday to visiting US Secretary of Defence Robert Gates's warning about dealings with Iran, saying Bolivia will ally with whomever it wants.
Monday, November 22nd 2010 - 04:09 UTC
EU and the US pledge to reach a deal on the Doha trade negotiations next year

European Union leaders and President Barack Obama over the weekend made a point of stressing EU/US close ties after a low-key summit in Lisbon ended with a pledge to push for a deal in the Doha trade negotiation next year.
Sunday, November 21st 2010 - 23:49 UTC
International visitors sustainedly flocking to the US: 40.2 million in eight months

The United States Department of Commerce says the number of international visitors to the country is rising fast.
Saturday, November 20th 2010 - 02:30 UTC
Bernanke warns about two-speed recovery which could end in slow growth for all

The United States central bank chairman Ben Bernanke has criticised countries like China that run large trade surpluses. He said that by buying dollars, these countries were hurting the US recovery and the global economy with it.