United States

Tuesday, April 24th 2007 - 21:00 UTC
US housing market problems persist: March sales down 8.4%

Sales of second hand United States homes fell 8.4% in March, the sharpest month-on-month drop for 18 years according to data from the National Association of Realtors released on Tuesday.
Monday, April 23rd 2007 - 21:00 UTC
Wolfowitz “damaged his own credibility” and is urged to resign

Senior former World Bank employees have urged beleaguered president Paul Wolfowitz to resign arguing he can no longer be an effective leader. Wolfowitz has admitted having helped his girlfriend win a promotion and pay rise.
Sunday, April 22nd 2007 - 21:00 UTC
US and EU add efforts in support of a “strong dollar”

United States Treasury Secretary Henry Paulson weekend statements in support of a “strong dollar” don't seem to have convinced markets as the greenback looks ready to slide past a two year low against the Euro.
Saturday, April 21st 2007 - 21:00 UTC
US and EU “need to cede power” in World Bank and IMF

United States and the European Union need to adapt to global changing economic reality and for their own good give up their leadership monopolies at the World Bank and the International Monetary Fund, according to a report from the Atlantic Council of the United States.
Wednesday, April 18th 2007 - 21:00 UTC
Uruguayan engineer plays dead and is saved from Virginia killings

Uruguayan engineer Guillermo Colman will probably not want to tell about his odyssey during the Monday Virginia Technical University carnage when he saved his life on two occasions playing dead.
Tuesday, April 17th 2007 - 21:00 UTC
US economy forecasted to undergo mid cycle pause

IMF Managing Director Rodrigo Rato forecasted that the world economy faces another solid year of growth in 2007, estimated in 5%, and underlined the fact that the world is less dependent on the United States economy.
Tuesday, April 17th 2007 - 21:00 UTC
US: Fuel cost pushes retail prices but core inflation decreasing

A jump in fuel prices pushed the United States March retail prices index to its highest in twelve months, 0.6%. However the good news is that core inflation which excludes energy and food costs rose by 0.1%, down from 0.2% in February and 0.3% in January.
Wednesday, April 11th 2007 - 21:00 UTC
Fed more worried about inflation than economic weakness

Wall Street declined Wednesday following the release of Federal Reserve minutes from last month's meeting showing policymakers were unanimous in the view that inflation, not economic weakness, was their major worry.
Tuesday, April 10th 2007 - 21:00 UTC
Bush renews immigration bill call

US President George W Bush has again stressed the need for agreement in Washington on immigration reform.
Visiting a border post in Arizona, Mr Bush said the US needed a system that secured its frontiers while honouring its history as a nation of immigrants.
Sunday, April 8th 2007 - 21:00 UTC
“Lack of political will” to address climate crisis, claims Gore

Former United States vice president Al Gore claims there's a lack of political will to solve the global climate crisis, including from United States. In an interview with Colombia's main daily, El Tiempo, he blamed several US corporations on the confusion surrounding the controversy.