United States

Thursday, October 2nd 2008 - 21:00 UTC
Car sales in US crash: worst September since 1993

United States car sales fell sharply in September, in the latest sign that the continuing problems in the financial sector are starting to hit the general economy.
Wednesday, October 1st 2008 - 21:00 UTC
US Senate expected to approve revamped rescue package

The United States Treasury Department on Tuesday froze the US assets of eight members of the Revolutionary Armed Forces of Colombia, or FARC, which it has deemed a narco-terrorist organization.
Tuesday, September 30th 2008 - 21:00 UTC
US Representatives extends benefits to Andean countries

The United States House of Representatives voted unanimously on Monday to approve a one-year extension of trade benefits for Colombia, Peru, Ecuador and Bolivia that expire at the end of the year.
Sunday, September 28th 2008 - 21:00 UTC
US Congress agrees to vote Monday bail-out package

The United States Congress is set to vote on Monday the largest single financial bailout in US history after leaders from both parties nailed down the details of the package, following long days and nights of tense and sometimes tempestuous negotiation.
Saturday, September 27th 2008 - 21:00 UTC
Obama, McCain argue over war, taxes in 1st debate

John McCain accused Barack Obama of compiling “the most liberal voting record in the United States Senate” Friday night as the two rivals clashed over taxes, spending, the war in Iraq and more in an intense first debate of the White House campaign. “Mostly that's just me opposing George Bush's wrong-headed policies,” shot back the Democrat.
Friday, September 26th 2008 - 21:00 UTC
US: A bad day for the GOP on politics, bailout plan

Even for a party whose president suffers dismal approval ratings, whose legislative wing lost control of Congress and whose presidential nominee trails in the polls, it was a remarkably bad day for Republicans.
Friday, September 26th 2008 - 21:00 UTC
Democrats' message to markets: rescue bill is “back on track”

United States president George W Bush has said that legislators will “rise to the occasion” and pass the proposed 700 billion Wall Street rescue plan. He said disagreements remained as “the proposal is big and the reason it's big is because it's a big problem”.
Wednesday, September 24th 2008 - 21:00 UTC
Bernanke & Paulson didn't fully convince skeptic US Senators

United States lawmakers have expressed strong skepticism about a bail-out of the banking system, following a five-hour Senate hearing on the rescue plan. Treasury Secretary Henry Paulson told the banking panel that delaying the 700 billion US dollars bail-out would put the entire US economy at risk.
Wednesday, September 24th 2008 - 21:00 UTC
FBI probes into four US giant financial institutions

The US Department of Justice, FBI is investigating four of the US financial giants caught out by the financial crisis hitting Wall Street for possible fraud, according to reports.
Monday, September 22nd 2008 - 21:00 UTC
Stiglitz says bailout plan is “monstrous” for US taxpayers

Economy Nobel Prize Joseph Stiglitz described as “monstrous” for US taxpayers the current bail out plan for the financial sector announced by Washington over the weekend.