United States

Tuesday, August 7th 2007 - 21:00 UTC
Fed fears inflation and leaves rates unchanged at 5.25%

Fearing that inflation will fail to moderate as expected the United States Federal Reserve Open Market Committee left on Tuesday interest rates unchanged. Analysts had widely predicted the Federal Reserve would leave rates at 5.25% for a 13th month, and that was the unanimous verdict of the Fed panel.
Wednesday, August 1st 2007 - 21:00 UTC
Global impact from the US deteriorating housing market

Stock markets across Asia have suffered heavy falls on fresh concerns over the impact of the problems in the US housing market which on Tuesday caused sharp losses on Wall Street.
Wednesday, August 1st 2007 - 21:00 UTC
US tenth largest residential mortgage bank collapses

Shockwaves of still unknown impact crashed through financial markets Tuesday when the United States Melville-based American Home Mortgage Investment Corp. announced it was suffering credit problems and would consider “going into liquidation” among other options.
Saturday, July 28th 2007 - 21:00 UTC
US Congress warns Beijing about “unfair” Yuan manipulation

A key United States Senate committee supported new measures to protect US business and workers from what it says are unfair currency manipulation by China. The move is seen as a warning to China which US politicians say has depressed the value of the Yuan to boost trade.
Friday, July 27th 2007 - 21:00 UTC
For the third time US rejects dialogue with the Cuban regime

The United States on Thursday quickly rejected the idea of dialogue with Cuba's communist government, floated by its interim leader Raul Castro during the celebration of the Cuban Revolution Day, July 26.
Friday, July 27th 2007 - 21:00 UTC
US economy surprises with strong 3.4% growth in Q2

The United States economy grew faster than expected over the past three months, 3.4% on an annual basis, the best quarterly performance since early 2006. In the previous quarter the economy expanded 0.6%.
Thursday, July 26th 2007 - 21:00 UTC
Bush leads race for most unpopular US president in modern history

With 18 months left in office, President George W Bush is in the running for most unpopular president in the history of modern polling. The latest Washington Post-ABC shows that 65% of United States citizens disapprove of Bush's job performance, matching his all-time low.
Thursday, July 19th 2007 - 21:00 UTC
Bernanke: US housing slump “a drag on growth” well into 2008

Federal Reserve chairman Ben Bernanke revived fears Wednesday that the housing slump could derail a pick-up in the US economy. In his semiannual testimony before the US Congress, Bernanke predicted “moderate” economic growth through the second half with “a bit” of strengthening in 2008.
Thursday, July 19th 2007 - 21:00 UTC
US endorses Chile's bid to become OECD member

United States Treasury Secretary Henry Paulson endorsed Chile's bid to become the second Latin American nation, after Mexico, to enter the Organization for Economic Cooperation and Development.
Friday, July 13th 2007 - 21:00 UTC
US asks WTO for panel to decide on alleged Chinese subsidies

United States formally requested Thursday the World Trade Organization to establish a dispute settlement panel to judge whether Chinese subsidies to industry violate WTO rules as US experts claim.