United States

• Wednesday, November 10th 2010 - 00:52 UTC

  Soybeans futures at their highest in two years on USDA report on US crop

  

  Soybeans futures settled at their highest in more than two years on Tuesday after the Agriculture Department, USDA, slashed its forecast for the United States soybean production to 3.375 billion bushels from 3.408 billion bushels the previous month.

• Saturday, November 6th 2010 - 07:43 UTC

  After 15 years U.S. supporter of Peruvian terrorist group free on parole

  

  US citizen Lori Berenson who is serving a 20- year prison sentence in Peru for aiding Marxist rebels, was granted parole for a second time. Berenson is entitled to parole as she has served more than three quarters of her 20-year sentence for helping plan an attack on Peru’s Congress, Judge Jessica Leon ruled.

• Saturday, November 6th 2010 - 07:34 UTC

  Bernanke explains what the Fed did and why: deflation and stagnation fears

  

  Following the latest decision from the Fed to pump more money into the US economy which triggered a barrage of criticisms from overseas, chairman Ben Bernanke in a column published in The Washington Post explains what it did an why.

• Thursday, November 4th 2010 - 05:25 UTC

  Obama admits voters’ frustration sends conciliatory message to Republicans

  

  President Barack Obama said he believes US voters are feeling frustrated with the pace of economic recovery, after mid-term poll losses. The Republicans captured 60 seats to take control of the House of Representatives. The Democrats clung on to the Senate despite losing seats.

• Wednesday, November 3rd 2010 - 23:29 UTC

  Fed decides to pump an additional 900 billion USD to the US economy

  

  The Federal Reserve announced Wednesday it will pump 600 billion US dollars into the US economy by the end of June next year to try and boost the fragile recovery. The stimulus equates 75 billion USD a month, slightly more than economists had expected.

• Wednesday, November 3rd 2010 - 04:54 UTC

  Republican landslide in the House; Democrats barely manage to retain Senate

  

  Voter dissatisfaction with the United States economy has given Republicans an anticipated but equally stunning advance in Congress winning a majority control of the U.S. House of Representatives, while Democrats retained their majority in the Senate.

• Wednesday, November 3rd 2010 - 00:27 UTC

  China offers to finance US infrastructure and help create jobs

  

  China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.

• Monday, November 1st 2010 - 00:43 UTC

  Republicans promise a “political earthquake” in Tuesday’s mid term election

  

  Candidates across the United States launched a frantic final push for support, and President Barack Obama ended a two-day campaign swing designed to pump up Democratic turnout less than 48 hours before Americans begin to cast their ballots.

• Saturday, October 30th 2010 - 05:13 UTC

  US economy growing again but not enough to quell frustration about jobs

  

  The United States economy is growing but not enough to help with jobs. The US Commerce Department says GDP grew 2%, at an annual rate, between July and September - a slight increase from the previous quarter.

• Friday, October 29th 2010 - 04:00 UTC

  Bed bugs that have infested New York City take over the UN building

  

  The dreaded bed bugs (mites) that have infested New York City have spread to the United Nations landmark headquarters building, reports Foreign Policy.