United States

Tuesday, August 25th 2009 - 22:08 UTC
Obama confirms nomination of Bernanke as head of the Federal Reserve

President Barack Obama confirmed Tuesday that he has nominated Ben Bernanke for another term as chairman of the US central bank, the Federal Reserve. The president took a break from his summer holiday to make the announcement.
Monday, August 24th 2009 - 10:56 UTC
Release of data on US skyrocketing deficits will mark this week’s markets

United States President Barack Obama's domestic policy proposals will face the reality of skyrocketing deficits on Tuesday when officials release two government reports projecting huge budget shortfalls over the next decade.
Saturday, August 22nd 2009 - 11:08 UTC
Lula da Silva suggested to Obama a meeting to discuss US forces in Colombia

Brazilian president Lula da Silva suggested to his peer Barack Obama that he should meet with South American leaders to address the announced presence of US forces in seven Colombian bases.
Thursday, August 20th 2009 - 16:17 UTC
US does not have or seeks bases inside Colombia, said Hillary Clinton

United States Secretary of State Hillary Clinton said the US-Colombia defence cooperation agreement would not create US bases in Colombia or significantly increase US military presence in the region.
Thursday, August 20th 2009 - 05:03 UTC
Warren Buffet praises US “rescue” but warns about mounting debt

US billionaire Warren Buffett said that the US economy appears to be recovering, though the “enormous dosages of monetary medicine” used to fix it might pose a threat as “ominous” as last year's financial crisis itself.
Tuesday, August 18th 2009 - 13:03 UTC
US media sets eyes on Argentina’s “manipulation of numbers”

Argentina’s Statistics Institute controversy was joined Sunday by a most reputable newspaper, the Washington Post that called Indec numbers a ”manipulation (...) done under pressure from above”.
Monday, August 17th 2009 - 12:04 UTC
Biggest bank failure in the US; 77 so far this year

The United States has seen the biggest bank failure of 2009 with Colonial Bank, which had assets worth 25 billion US dollars as on June 30, closing operations last week after hit by the financial turmoil.
Monday, August 17th 2009 - 10:35 UTC
Released documents reveal Brazil’s crucial role in 1973 Chilean coup

Former Brazilian dictator Emilio Garrastazú Médici and ex US president Richard Nixon agreed on the need to oust Chilean peer Salvador Allende and Cuba’s Fidel Castro during a meeting at the White house in 1971, when then advisor Henry Kissinger wrote the minutes, according to declassified documents published Sunday.
Saturday, August 15th 2009 - 12:33 UTC
US libertarian think-tank supports legalizing undocumented workers

A new study from the libertarian CATO Institute concludes that legalizing the more than eight million undocumented workers in the United States would have significant economic benefits for the country, while simply enhancing border enforcement and applying restrictive immigration laws would actually hurt the US economically.
Saturday, August 15th 2009 - 11:17 UTC
Colombia completes military deal with US and invites Brazil to join

Colombia would like to increase its military ties with Brazil and other South American countries, President Alvaro Uribe said on Friday after the Foreign Affairs ministry announced it had completed talks with Washington on allowing US troops to use seven Colombian military bases.