United States

• Saturday, March 26th 2011 - 10:38 UTC

  Billionaire Buffet advice: avoid long term fixed-income investment in US dollars

  

  Billionaire Warren Buffet who urged United States in 2009 to guard against inflation, said investors should avoid long-term fixed-income bets in US dollars because the currency’s purchasing power will decline.

• Saturday, March 26th 2011 - 10:36 UTC

  Second Fed governor in a week against extending US stimulative policies

  

  The Federal Reserve has less need to support an improving US economy beyond the 600 billion dollars Treasury purchase plan already in place, and any changes to the central bank’s stimulative policies should be considered some time after the program ends, said Charles Evans, , president of the Fed’s regional bank in Chicago.

• Saturday, March 26th 2011 - 08:53 UTC

  WTO rules US is illegally taxing imported Brazilian frozen orange juice

  

  The World Trade Organization ruled Friday that the United States is illegally taxing about 2 billion US dollars a year of imported Brazilian frozen orange juice.

• Saturday, March 26th 2011 - 08:06 UTC

  Chile further opens its market to US beef and beef products

  

  United States Agriculture Secretary Tom Vilsack and US Trade Representative Ron Kirk announced this week that US producers are now eligible to ship a larger array of US beef and beef products to Chile.

• Friday, March 25th 2011 - 01:06 UTC

  IMF mission travels to Argentina in April to help design a new national CPI

  

  The International Monetary Fund said Thursday it will send a team to Argentina again next month to continue work on revamping the government's discredited inflation measure, and will provide specific recommendations.

• Friday, March 25th 2011 - 01:00 UTC

  Obama to CFK: “can we have our (US Air Force seized) equipment back”

  

  US President Barack Obama expressed concern about the recent incident in which Argentina seized part of the cargo of a US military plane that was carrying supplies for a joint military exercise, according to US newspaper The Miami Herald’s Argentine columnist Andrés Oppenheimer.

• Thursday, March 24th 2011 - 18:32 UTC

  Colombian military began using US supplied drones in 2006

  

  The Colombian military began using US supplied drones for counter-terrorism and narcotics operations in 2006, U.S. documents released by WikiLeaks indicate.

• Thursday, March 24th 2011 - 18:27 UTC

  US homes market faces challenging 2011 as sales plunge to new lows

  

  United States sales of new homes fell 16.9% last month compared with January and by a whopping 28% from the level of February 2010, the U.S. Commerce Department said. The February 2011 figure represents an annualized rate of 250,000 new home sales. Analysts had expected an annualized rate of 290,000.

• Thursday, March 24th 2011 - 18:05 UTC

  US must be more pro-active if it wants access to Brazilian oil, says Petrobras

  

  The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.

• Thursday, March 24th 2011 - 07:08 UTC

  Federal Reserve board member warns about “extraordinary speculative activity”

  

  United States Federal Reserve Bank of Dallas President Richard W. Fisher said he sees “extraordinary speculative activity” in the US after the central bank pumped record amounts of stimulus into the economy.