United States

Saturday, February 27th 2010 - 07:46 UTC
US economy signals swift pace of recovery; consumer confidence remains tepid

The US economy grew at an annualised rate of 5.9% in the last three months of 2009, revised official figures have shown. The rate is higher than the first estimate of 5.7%.
The figures confirm the world's largest economy is emerging rapidly from recession.
Saturday, February 27th 2010 - 07:31 UTC
Falklands a “bilateral issue between Argentina and UK”, insists Washington

The Falkland Islands and the political figure of President Barak Obama were among the issues addressed by United States Assistant Secretary for Western Hemisphere Affairs Arturo Valenzuela during a Friday mid day press conference in anticipation of Secretary of State Hillary Clinton’s trip to five countries of the region.
Friday, February 26th 2010 - 06:35 UTC
Mujica praises “strong message” from the US; plans to invite Obama to Uruguay

Uruguayan president elect Jose Mujica will hold a meeting with US Secretary of State Hillary Clinton Monday morning, before the official inauguration, and will take advantage of her presence to invite US President Barack Obama to visit Uruguay.
Friday, February 26th 2010 - 01:23 UTC
Fed probe into Wall Street firms role in helping Greece mask debt woes

The role of Wall Street firms in deals that may have helped Greece mask its debt woes are under scrutiny in the US, the Federal Reserve chief has said. Ben Bernanke said the Fed and the US financial watchdog were “looking into a number of questions” related to banks' derivatives arrangements with Greece
Thursday, February 25th 2010 - 04:52 UTC
Bernanke reaffirmed low interest rates for an extended period

United States stocks rose on Wednesday after the Federal Reserve chairman reaffirmed his commitment to keep interest rates low for an extended period to sustain the still fragile recovery. Ben Bernanke told Congress a weak job market and tame inflation warranted keeping rates close to their near-zero level for the time being.
Wednesday, February 24th 2010 - 06:22 UTC
New Latam block “consistent with US goals for the hemisphere”

The new Latin American and Caribbean bloc planned without regional neighbours Canada and the United States are consistent with US goals for the region, a State Department spokesman said Tuesday
Wednesday, February 24th 2010 - 06:18 UTC
US “neutral” on Falklands” dispute but recognizes UK administration

The United States has a “neutral” stance regarding the question of the Falklands/Malvinas sovereignty but recognizes the current British administration of the Islands, said US State Department spokesperson during the daily press conference.
Wednesday, February 24th 2010 - 02:32 UTC
Hillary Clinton at Uruguayan President Mujica’s inauguration

US Secretary of State Hillary Clinton will be visiting five Latinamerican countries next week beginning in Uruguay, representing President Barack Obama at the inauguration ceremony of president elect Jose Mujica on March first, according to Washington diplomatic sources.
Wednesday, February 24th 2010 - 02:22 UTC
US not interested in military outposts in Latinamerica, for the moment

United States currently has no interest in having US troops stationed and with access to military bases belonging to other Latinamerican countries, such is the case with Colombia said a top Pentagon official during a visit to Nicaragua.
Monday, February 22nd 2010 - 23:51 UTC
Goldman Sachs defends 2001 swap-deal to mask debts of Greece

Goldman Sachs defended the 2001 debt-swap deal with Greece that may have allowed the country to mask the extent of its debt woes. Gerald Corrigan, chairman of Goldman Sachs Bank USA, the bank's holding company, said it was “consistent” with the regulations of the time.