United States

Saturday, July 11th 2009 - 15:17 UTC
New leaner GM is born: four key brands and 61% owned by US government

General Motors (GM) says it has emerged from bankruptcy protection after creating a “new GM” made up of the carmaker's best assets. GM chief executive Fritz Henderson said it was the beginning of a “new era”.
Friday, July 10th 2009 - 12:42 UTC
Lula da Silva “football diplomacy” distends the G8 summit

United States President Barack Obama and Brazilian President Lula da Silva took time out from their overloaded Thursday agendas to talk about the United States' defeat to Brazil in last month's Confederations Cup Final played in South Africa.
Friday, July 10th 2009 - 12:10 UTC
Billionaire Buffet suggests US may need second stimulus package

United States widely respected investor and financial wizard Warren Buffet said on Thursday unemployment in the US could reach 11% and a second stimulus package could be needed to pull the world’s largest economy out of recession.
Thursday, July 9th 2009 - 12:51 UTC
Hillary Clinton speaks out for freedom of expression and of the press

US Secretary of State Hillary Clinton is in favour of an adequate protection to the media in Venezuela, as well as in other countries. The US top diplomat considered that the freedom of expression and freedom of the press are fundamental values for democracy.
Thursday, July 9th 2009 - 12:32 UTC
US regulators target speculation in the energy markets

A United States regulator is to hold hearings to decide whether it should clamp down on speculation in the energy market.
Wednesday, July 8th 2009 - 07:23 UTC
Loan delinquencies in the US hit a new record

The level of people falling behind with consumer loans in the US hit a new high in the first three months of 2009, the American Bankers Association said. Rising unemployment was behind the missed payments, it suggested.
Monday, July 6th 2009 - 19:43 UTC
“Colombian Musicians in New York”

A large crowd was drawn to New York's Highline Ballroom for the VI Encuentro of Colombian Musicians. This annual music and dance gathering of Colombian musicians in New York, brought together a marathon of 20 of NYC’s most renowned Colombian bands, celebrating the diverse Colombian genres of cumbia, currulao, vallenato, joropo, bambuco, pasillo, and other diverse rhythms, all originally from Colombia.
Saturday, July 4th 2009 - 13:58 UTC
US regulators close seven banks; 52 so far in 2009

United States bank regulators closed seven institutions this week including six banks in Illinois controlled by one family and a small bank in Dallas, bringing the total number of US bank failures to 52 so far this year. (This compares with 25 in 2008 and 3 in 2007).
Friday, July 3rd 2009 - 06:57 UTC
US jobless rate in June 9.5%; 14.7 million unemployed

The number of jobs lost in the US last month came in at 467,000, which was much more than had been expected. The jobless rate rose to 9.5% in June, from 9.4% in May, as the US economy continued to struggle.
Thursday, July 2nd 2009 - 08:21 UTC
US car sales drop in June but Ford shows stabilization signs

United States vehicle sales dropped in June, but there were signs of stabilisation as Ford saw its smallest fall in a year. Ford, the only one of the so-called “Big Three” carmakers not to have gone bankrupt, had the smallest drop, with sales down 10.7% from a year earlier. General Motors said sales fell 33.6%, while Chrysler sales fell by 42%.