Over half of Colombians support or agree with the presence of US forces in the country’s military bases, as established in a cooperation agreement which has triggered a strong controversy in South America.
The US budget deficit will soar to almost 1.6 trillion US dollars this year, the highest on record, both the White House and Congress have warned. Fuelled by President Obama's 787 billion stimulus package and reduced tax revenues due to the recession, it compares with a 455 billion US dollars deficit in 2008.
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.
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.
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.
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.
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.
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”.
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.
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.