United States

Friday, October 3rd 2008 - 21:00 UTC
California is asking 7 billion USD from Uncle “Hank” Paulson

California is the latest US state to be feeling economic shockwaves from the financial crisis on Wall Street in the form of budget deficits, dwindling finances and plummeting pension funds.
Friday, October 3rd 2008 - 21:00 UTC
US House votes rescue package: now unchartered waters

The United States House of Representatives finally passed a 800 billion government plan to rescue the US financial sector. The 263-171 vote was the second in a week, following its shock rejection of an earlier version on Monday.
Friday, October 3rd 2008 - 21:00 UTC
US economy loosing jobs at fastest rate in five years

The United Status economy lost jobs in September at its fastest pace in more than five years, --with unemployment reaching 6.1%--, and the outlook from economists and surveys is grim despite Congress' emergency action Friday to stabilize the financial system.
Thursday, October 2nd 2008 - 21:00 UTC
US Senate approved rescue plan; Friday the main hurdle

The United States Senate approved Wednesday evening a new version of a 700 billion rescue plan for the troubled US financial system. Senators voted 74 to 25 in favor of the emergency legislation designed to stabilize volatile markets and limit further damage to the economy.
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.