United States

• Thursday, September 13th 2012 - 18:42 UTC

  Fed announces further financial stimuli for the US economy to help employment

  

  The US central bank announced on Thursday it will resume its policy of pumping more money into the economy via so-called quantitative easing which consists of buying “additional agency mortgage-backed securities at a pace of 40 billion dollars per month”.

• Thursday, September 13th 2012 - 02:34 UTC

  South America cruise industry “must work together and rein in costs”

  

  South America's cruise industry has been growing fast and holds vast potential, but the region must work together to tackle issues, create demand and rein in costs, said speakers at the Seatrade South America Cruise Convention in Buenos Aires.

• Wednesday, September 12th 2012 - 14:44 UTC

  Whistleblower in tax-fraud case against UBS receives 104 million dollars rewards from US

  

  The whistleblower in a breakthrough tax fraud case against Swiss bank UBS AG has won a record-setting 104 million dollars reward from the US Internal Revenue Service, a handsome payout that could entice more informants to come forward.

• Wednesday, September 12th 2012 - 01:48 UTC

  Moody's warns US may lose triple-A debt rating if no agreement is reached on the debt

  

  The United States may lose its triple-A debt rating if next year's budget negotiations do not produce policies that over time decrease the country's debt, Moody's Investors Service said in an e-mailed statement on Tuesday.

• Tuesday, September 11th 2012 - 06:01 UTC

  Poor news in China and US could mean additional stimuli could be in the pipeline

  

  The Brazilian stock exchange Bovespa index rose for a third session as Brazilian raw-material producers rallied after weaker economic data from China to the US fueled strong hopes policy makers will take further steps to boost growth.

• Saturday, September 8th 2012 - 06:16 UTC

  The day after the Charlotte convention, back to reality with the jobs’ market stats

  

  US President Barack Obama said on Friday the labour market is not hiring workers fast enough, following the release of a government report that showed weaker-than-expected employment figures.

• Thursday, September 6th 2012 - 06:00 UTC

  Obama nominated candidate following ex-president Clinton impassionate speech

  

  In a speech to the Democratic Party’s national convention, former President Bill Clinton appealed to millions of hard-pressed Americans to support the President Barack Obama for a second term in the White House.

• Wednesday, September 5th 2012 - 05:57 UTC

  Democrats take turns to bash Romney and his policies at the Charlotte convention

  

  The 5.500 Democrat delegates launched a vigorous defence of President Barack Obama on Tuesday and urged voters to give him another term to fix the economy as they opened their national convention with sharp criticism of Republican hopeful Mitt Romney.

• Wednesday, September 5th 2012 - 00:05 UTC

  Argentina files third trade complaint challenging US laws that block fresh lemons

  

  Argentina has filed its third trade complaint in two weeks, the World Trade Organization said on Monday, challenging US laws that it says have blocked imports of fresh lemons from north-west Argentina.

• Saturday, September 1st 2012 - 06:33 UTC

  Bernanke’s speech sparks enthusiasm but also neutralizes expectations

  

  Federal Reserve Chairman Ben Bernanke said on Friday progress in bringing down US unemployment was too slow and the central bank would act as needed to strengthen the economic recovery.