United States

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.
Thursday, August 13th 2009 - 14:36 UTC
Uribe will be present at Unasur summit in Bariloche

The Unasur (Union of South American Nations) extraordinary summit to address the US forces in Colombian bases controversy, and which was agreed in Ecuador, will take place in Bariloche at the end of the month announced the Argentine presidency.
Thursday, August 13th 2009 - 14:29 UTC
Zelaya and Lula da Silva call on Obama to solve Honduras political crisis

Ousted Honduran President Manuel Zelaya and Brazilian President Lula da Silva called on Wednesday on the United States to use more political influence to help solve the Honduran crisis.
Thursday, August 13th 2009 - 08:34 UTC
Fed says US economy “levelling off” although activity likely to remain weak

The Federal Reserve left US interest rates un changed between 0% and 0.25% describing the current situation as “levelling off” although economic activity is “likely to remain weak for a time”.
Thursday, August 13th 2009 - 08:29 UTC
A second bubble? US homeowners face mortgage debts higher than house value

The percentage of US homeowners who owe more than their house is worth will nearly double to 48% in 2011 from 26% at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.
Thursday, August 13th 2009 - 08:22 UTC
Soros optimistic about recovery of the US economy in third quarter

The United States economy has hit the bottom and the current quarter will see positive growth because of the government's stimulus spending, according to billionaire financier George Soros.
Tuesday, August 11th 2009 - 11:20 UTC
Obama calls “hypocrites” those who demand US direct action in Honduras

United States President Barack Obama said it was hypocritical for critics of Washington's response to a coup against Honduran President Manuel Zelaya to demand a more forceful US role in returning him to power.
Saturday, August 8th 2009 - 14:17 UTC
Obama denies the US plans to set military bases in Colombia

President Barack Obama joined Friday a controversy boiling in South America by denying the United States is planning to set up military bases in Colombia as part of an upgraded security agreement with Bogotá. “There have been those in the region who have been trying to play this up as part of a traditional anti-Yankee rhetoric. This is not accurate,” Obama told Hispanic media reporters.
Saturday, August 8th 2009 - 13:40 UTC
US job losses soften and fall to 9.4%, first drop since April 2008

The United States economy lost 247,000 jobs in July, far fewer than analysts had expected, official figures show. With fewer workers being laid off, the unemployment rate fell to 9.4%, down from 9.5% in the previous month, the first drop since April 2008.