United States

Thursday, December 6th 2007 - 20:00 UTC
Bush announces plan to shield vulnerable homeowners

United States President George W Bush outlined plans on Thursday to freeze rates on sub-prime mortgages for five years to help people hit by the US housing market crisis.
Tuesday, December 4th 2007 - 20:00 UTC
Bush and Garcia hail approval of US/Peru free trade agreement

The United States/Peru free trade agreement on Tuesday cleared Congress and was ready for President George W. Bush signature, a victory for the US and Peruvian embattled leaders.
Monday, December 3rd 2007 - 20:00 UTC
US Treasury Secretary optimistic about aid plan for homeowners

United States mortgage lenders and regulators are close to finalizing an aid plan for homeowners hit by the credit crunch, US Treasury Secretary Henry Paulson said on Monday during a housing conference in Washington.
Wednesday, November 28th 2007 - 20:00 UTC
US farmers agree to tariff cuts if world markets are opened

A long-awaited world trade deal will remain out of reach until developing countries agree to open their markets to more United States farm goods, the head of the largest US farm organization said yesterday.
Wednesday, November 21st 2007 - 20:00 UTC
US mortgage defaults to worsen in 2008, warns Paulson

United States Treasury secretary Henry Paulson said mortgage defaults will worsen in 2008 and lenders should act “aggressively” to offer new loan terms to avert an economic calamity, the Wall Street Journal online said.
Tuesday, November 20th 2007 - 20:00 UTC
World markets plunge on Goldman Sachs downgrading Citibank

Global markets slumped Monday amid fears over the fallout of the credit crisis, after Goldman Sachs downgraded Citibank and forecast 15 billion US dollars in losses from the US subprime market.
Monday, November 19th 2007 - 20:00 UTC
US optimistic about an agreement on the Doha round

United States Trade Representative Susan Schwab said Monday in Singapore that the Doha round of global trade negotiations is “not dead” and an agreement could be reached in the next 14 months.
Friday, November 16th 2007 - 20:00 UTC
Paulson forced to act says US supports “a strong dollar”

A “strong' US dollar is in the US interest and it 'goes without saying' that the currency's value should be set by currency markets”, US Treasury Secretary Henry Paulson said on Friday ahead of this weekend's G20 meeting in South Africa.
Thursday, November 15th 2007 - 20:00 UTC
Fed promises more regular information and less secrecy

The US Federal Reserve will make four economic forecasts each year, up from the current two, which will include more information on overall inflation projections, chairman Ben Bernanke said Wednesday.
Wednesday, November 14th 2007 - 20:00 UTC
US economy cooling with October budget deficit, 55.6 billion

US retail sales and producer price figures have pointed to a weakening of demand in the world's largest economy. The first month of the 2008 federal budget showed a 55.6 billion US dollars deficit.