United States

Thursday, June 16th 2011 - 01:48 UTC
Under pressure Argentina returns seized cargo from US military plane

The US embassy in Buenos Aires announced this week that the Argentine government has finally returned the cargo seized from an American military plane that landed at the Ezeiza airport amidst espionage accusations last February.
Tuesday, June 14th 2011 - 22:08 UTC
Iraq reconstruction 6.6bn USD are missing, says official US investigation

Some 6.6bn US dollars flown into Iraq eight years ago may have been stolen, according to a US official investigating fraud in the country. The missing money may represent “the largest theft of funds in national history”, investigator Stuart Bowen told the Los Angeles Times newspaper.
Monday, June 13th 2011 - 12:10 UTC
US main interest is a “stable Argentina”, warns Falklands Task Force head

The head of the Royal Navy Task Force that recovered the Falkland Islands during the 1982 South Atlantic conflict has warned about UK defense cuts and underlined that United States has little interest in supporting Britain in any conflict since a stable Argentina is more important to the State Department.
Saturday, June 11th 2011 - 10:47 UTC
Hillary Clinton denies pursuing the post of World Bank President

US Secretary of State Hillary Clinton said she was not in discussions over the top job at the World Bank and that she was not pursing the post. Clinton is in Zambia as part of a five-day Africa trip that is being overshadowed by news that she had expressed interest in moving to head the World Bank.
Friday, June 10th 2011 - 03:56 UTC
Record exports in April helped to lower US trade deficit by 6.7%

Exports of US goods and services rose to a record 175.6bn in April, helping to shrink its trade deficit. Data from the Commerce Department showed the gap between imports and exports fell by 6.7% to 43.7bn as manufacturers shipped more items such as computers.
Thursday, June 9th 2011 - 22:26 UTC
IMF says US does not need additional monetary stimulus

The Federal Reserve does not need to consider additional monetary policy stimulus as the world's largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes, IMF acting chief John Lipsky said.
Thursday, June 9th 2011 - 00:54 UTC
Bernanke argues strong demand for commodities is depressing US dollar value

US Federal Reserve rejected criticism that its actions (‘accommodative monetary policy’) have pushed down the foreign exchange value of the US dollar and thereby boosted the price of commodities, adding that the Fed is “fully committed” to maintaining the dollar’s purchasing power and to keeping inflation in check.
Thursday, June 9th 2011 - 00:47 UTC
Fed New York calls for “fiscal house in order” without “derailing recovery”

Federal Reserve Bank of New York President William C. Dudley said the US must reduce the federal budget deficit without derailing the economic recovery. “No issue is more important than a credible commitment for getting our fiscal house in order, but at a pace that does not forestall a sustained recovery” said Dudley this week addressing the Foreign Policy Association in New York.
Wednesday, June 8th 2011 - 23:38 UTC
Bernanke admits US recovery is “frustratingly slow”, but will gain speed in second half

US Federal Reserve Chairman Ben Bernanke said the “frustratingly slow” US recovery warrants sustained monetary stimulus while predicting that growth will gain speed in the second half of the year.
Tuesday, June 7th 2011 - 04:00 UTC
Washington ‘ready and willing’ to work with Humala, says US top diplomat

“United States is “ready and very willing” to work with Peru's president-elect Ollanta Humala said Washington’s top diplomat for Latin America, Arturo Valenzuela during the Organization of American States meeting Monday in El Salvador.