United States

Wednesday, January 27th 2010 - 14:40 UTC
US 2010 budget deficit estimated at 9.2% of GDP, second highest

The United States Congressional Budget Office, CBO released Tuesday its 10 year budget projections which includes a deficit for this fiscal year of 1.3 trillion US dollars, equivalent to 9.2% of GDP.
Monday, January 25th 2010 - 14:40 UTC
White House confident of Bernanke’s confirmation at the Federal Reserve

The White House says it is confident of Ben Bernanke's confirmation as Federal Reserve chairman for a second term.
Saturday, January 23rd 2010 - 15:21 UTC
Cuba and US work together to preserve Hemingway’s heritage

Cuban and US cultural institutions plan to keep working together to preserve the documents that belonged to Ernest Hemingway and are kept at Finca Vigia, the US writer’s home-turned-museum on the island, state media reported.
Friday, January 22nd 2010 - 14:53 UTC
Stock markets fall sharply in response to Obama’s bank reform proposal

World stock markets have fallen sharply in response to far-reaching plans by US President Barack Obama to curb the activities of the biggest US banks. The Dow Jones closed down 2%, its worst fall since October, while Japan's Nikkei closed at a three-week low.
Thursday, January 21st 2010 - 07:03 UTC
New ball game in the US senate: Obama looses “super-majority”

US President Barack Obama called on Democratic lawmakers not to try to “jam” health-care legislation through Congress before newly elected Republican Senator Scott Brown is seated. The election of Senator Brown means the end of Obama’s “super majority” in the Upper House and comes on the first anniversary of the presidential inauguration.
Friday, January 15th 2010 - 09:45 UTC
One out of three US adults are obese and 17% of children age 2 to 19

Obesity rates in the United States are still sky-high, but for the moment they appear to have stopped climbing higher, according to new data released by the Centers for Disease Control and Prevention.
Friday, January 15th 2010 - 06:37 UTC
Judge Griesa lifts freeze on Argentine funds to help with planned “debt swap”

A New York State Judge lifted a freeze on Argentine Central Bank accounts held in the US Federal Reserve, Argentina's Finance secretary told reporters on Thursday. The freeze has been imposed on request from investors holding defaulted Argentine sovereign bonds.
Friday, January 15th 2010 - 06:09 UTC
Obama to slap 117 billion USD levy on banks to repay for bail outs

President Barack Obama has said Wall Street must repay 117 billion US dollars to taxpayers and criticised banks for “massive profits and obscene bonuses”. The tax is to recoup money US taxpayers are expected to lose from bailing out the banks during the financial crisis.
Thursday, January 14th 2010 - 11:54 UTC
No end on sight to US budget deficit: one trillion USD in fiscal 2010

United States registered its largest December budget deficit on record as higher unemployment reduced revenue and the government spent money to help the economy recover.
Wednesday, January 13th 2010 - 12:16 UTC
Argentine central bank reserves dispute adds another player: New York Judge

Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central bank accounts held in the United States, following a lawsuit filed by investment funds (or “vulture funds”).