United States

Thursday, October 21st 2010 - 08:37 UTC
Prime farmland in Argentina costs almost as much as in United States

Prices for the best farmland in Argentina’s breadbasket, the humid Pampa have risen on average 10% this year according to registered operations reports. This means the hectare of prime agriculture land in Argentina now costs almost the same as the average price of farmland in the state of Illinois, 14.000 US dollars.
Wednesday, October 20th 2010 - 03:06 UTC
US Treasury launches fourth sale of Citigroup common stock

The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan.
Wednesday, October 20th 2010 - 01:02 UTC
Geithner vows not to devalue the dollar for export advantage

Treasury Secretary Timothy Geithner vowed that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health.
Wednesday, October 20th 2010 - 00:57 UTC
World Bank warns the US about consequences of dollar liquidity

Surging capital inflows threaten Asia's economic stability, the World Bank warned after Treasury Secretary Timothy Geithner sought to draw the venom from a global row over currencies by vowing not to devalue the dollar.
Saturday, October 16th 2010 - 00:06 UTC
US Federal Reserve prepared to buy more US government bonds

US Federal Reserve Chairman Ben Bernanke has opened the way to a new round of quantitative easing. “There would appear, all else being equal, to be a case for further action,” he said, in a speech to the Boston regional Federal Reserve, Friday.
Thursday, October 14th 2010 - 05:58 UTC
President Obama and Democrats ratings fall ahead of November midterm election

United States President Barack Obama's approval rating fell to a new low of 43% since he took office, down from 47% last month, according to a Reuters-Ipsos national poll. Ipsos pollsters say it appears that much of that drop comes from Democrats whose approval of Obama fell to 70% from 78% last month.
Thursday, October 14th 2010 - 05:51 UTC
US Treasury Secretary sees “no risk” of global currency war

United States Treasury Secretary Timothy Geithner said he sees “no risk” of a global currency war and wants to maximize incentives for China to allow its Yuan to rise in value. He told the Charlie Rose Show in an interview that China would work against its basic development objectives if it kept its currency undervalued.
Thursday, October 14th 2010 - 05:37 UTC
Gold hits a new record as investors seek protection against sinking US dollar

World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.
Thursday, October 14th 2010 - 05:35 UTC
US farm exports forecasted to surpass the 2008 record of 115 billion US dollars

United States farm exports may surpass a 2008 record of 115.3 billion US dollars on surging corn, soybean and wheat prices, according to Joe Glauber, the US Department of Agriculture’s chief economist.
Wednesday, October 13th 2010 - 00:50 UTC
Home repossession in US a political “hot potato”; 1.2 million forecasted in 2010

The White House has ruled out a temporary ban on the repossession of homes, despite a growing row over alleged malpractice. Some US banks have already imposed their own moratorium on foreclosures while they investigate possible legal flaws in the eviction process.