United States

Wednesday, July 13th 2011 - 00:35 UTC
While Obama in office, “real solution” to debt ceiling “unlikely” say Republicans

US President Barack Obama raised the stakes in the third straight day of budget talks Tuesday, warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by Aug. 2.
Tuesday, July 12th 2011 - 02:38 UTC
Obama pushes congressional leaders for deficit reduction deal: “if not now, when?”

President Barack Obama pushed congressional leaders for the largest possible deficit-reduction deal that would involve changes to popular entitlement programs, asking: “If not now, when?”
Saturday, July 9th 2011 - 07:26 UTC
US jobs data for June disappoints markets: unemployment again at 9.2%

US employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year.
Saturday, July 9th 2011 - 06:51 UTC
Obama says debt-limit controversy fuelling uncertainty in the business sector

President Barack Obama cited gloomy jobs numbers as one more reason lawmakers must strike a deal soon to raise the US debt limit, saying the impasse was fuelling uncertainty within financial markets and in the business sector.
Saturday, July 9th 2011 - 06:37 UTC
US beef and poultry become highly competitive as costs soar in Mercosur

Brazil’s JBS SA, the world’s biggest beef producer, is betting on a rebound in U.S. meat sales as a weak dollar makes production in the country as competitive as in emerging markets.
Monday, July 4th 2011 - 23:17 UTC
Peruvian president-elect will meet Obama and Clinton in Washington

Peruvian president-elect Ollanta Humala will be meeting next Wednesday President Barack Obama and Secretary of State, Hillary Clinton. Humala is expected in Washington on Tuesday.
Monday, July 4th 2011 - 05:08 UTC
Narrowest house in New York, (2.4 meters) on sale for 4.3 million USD

New York City's narrowest house, 75 ½ Bedford Street, Manhattan, is back on the market after selling in early 2010 for 2.175 million US dollars at the dramatically increased price of 4.3 million.
Friday, July 1st 2011 - 15:46 UTC
Expected bumper crop in US makes corn prices suffer its biggest fall in 15 years

The price of corn suffered its biggest fall for 15 years on Thursday, prompting speculation that the high cost of food may start to ease. Corn prices dropped 10% after a US Department of Agriculture report that farmers are sowing unexpectedly large amounts of the grain.
Friday, July 1st 2011 - 13:00 UTC
Fishermen recover giant dead squid off Florida coast

A trio of fishermen in the US state of Florida said they made an unusual find about 12 miles off the coast of Jensen Beach -- a dead giant squid measuring 23- to 25 feet.
Friday, July 1st 2011 - 07:04 UTC
Setback for Argentina in New York court defaulted sovereign bonds case

Argentina suffered a setback over its US$100 billion debt default in 2002 when New York's highest court said the country should keep paying interest on some bonds even after they mature or investors demand their principal back early.