United States

Tuesday, October 27th 2009 - 09:15 UTC
US largest commercial real-estate lender files for bankruptcy protection

Capmark Financial Group Inc., one of the largest commercial real-estate lenders in the United States announced that it had filed for bankruptcy protection. The firm said it has filed motions to allow it to continue to pay vendors and salaries, and that the move “should not impact the way Capmark does business with its customers and partners.”
Monday, October 26th 2009 - 09:26 UTC
US declares H1N1 flu emergency and promises vaccines for every citizen

United States President Barack Obama declared the spreading H1N1 swine flu virus to be a national emergency.
Saturday, October 24th 2009 - 16:39 UTC
Wave of bankruptcies in the US still has not peaked

With the bankruptcy of Partners Bank, from Florida, and American United Bank, from Georgia, there are now 101 banks in the United States that have declared insolvency so far in 2009 due to the financial crisis, local media sources informed.
Tuesday, October 20th 2009 - 11:21 UTC
Argentine government regrets incident suffered by US ambassador

Argentine president Cristina Fernandez de Kirchner regretted last week’s incidents suffered by United States ambassador Vilma Martinez and said “in all places there are always intolerants”.
Saturday, October 17th 2009 - 10:29 UTC
US federal deficit hits all time high record of 1.42 trillion US dollars, 10% of GDP

The United States federal deficit is at an all-time high, 1.42 trillion US dollars for fiscal year 2009, which ended September 30. However it was lower than forecasted In August, 1.58 trillion and much less than in May 1.84 trillion US dollars.
Saturday, October 17th 2009 - 10:27 UTC
US criticizes China’s Yuan “rigidity” and reserves accumulation

The US Treasury has criticised China for what it described as the lack of flexibility of the Chinese currency, the Yuan. It also criticised the rapid build-up of China's foreign exchange reserves in a report to the US Congress.
Saturday, October 17th 2009 - 05:29 UTC
Geithner committed to keep the US dollar as a reserve currency

United States Treasury Secretary Timothy Geithner said the dollar's role as a reserve currency carries special responsibilities, including the need to control inflation and get the nation's finances in order. In an interview on CNBC television, Geithner was asked about the dollar's recent decline and what the Treasury was doing to guard its value.
Saturday, October 17th 2009 - 05:24 UTC
Honduras crisis stalls President Obama expected visit to Brazil and Chile

US president Barack Obama could visit Brazil this year once the US Senate approves the nomination of Thomas Shannon as ambassador before the Brazilian government, announced the head of the Brazilian diplomatic legation in Washington Antonio Patriota.
Monday, October 12th 2009 - 10:47 UTC
General Motors record sales in China’s booming car market

General Motors and affiliate companies in China sold almost 1.3 million cars in the first nine months of 2009, with September a record month, according to a release from the main offices in Detroit.
Monday, October 12th 2009 - 08:37 UTC
Markets’ expecting more signals in support of the dollar from US officials

Following a week when the US dollar plunged to record lows forcing some Asian banks to support the greenback, money markets are looking for new signals that the US government is committed to a strong US dollar as was implicitly anticipated by the Federal Reserve.