
President Barack Obama administration has begun moving on several fronts to repair strained US relations with Latin America. Obama meets Saturday at the White House with Brazilian President Lula da Silva, and he is sending Vice President Joe Biden and Secretary of State Hillary Clinton on Latin American missions to prepare for the mid-April Summit of the Americas in Trinidad and Tobago.
The White House has sought to assure China that its one trillion US dollars in investments in the United States is safe despite the economic downturn.

United States looks at the coming Americas Summit next April in Trinidad Tobago as an opportunity to begin a new relation with Latinamerica in a “spirit of equals” since the region will have to play a crucial role in the reply to the global economic crisis.

In the last episode of the emblematic television show of The Simpsons aired Sunday in United States, the Springfield family loose their home as have millions of US citizens dramatically dragged by the sub prime mortgage crisis that so much suffering and despair is causing.

Brazilian president Lula da Silva said Friday that during his coming meeting with his US counterpart on Saturday March 14 he would ask President Obama to adopt a more “development minded” attitude towards Latinamerica.

The United States jobless rate jumped in February to 8.1%, according to official figures from the Labour Department. The number of people out of work rose by 651,000 during the month. Both figures were bigger than expected.

United States President Obama will travel to Europe on March 31st for a six-day trip that will take him to Britain, France, Germany and the Czech Republic, Secretary of State Hillary Rodham Clinton announced Thursday.

Gordon Brown has received a standing ovation from the US Congress after he called for a renewal of the special relationship for our generation. Mr Brown, the fifth UK prime minister in history to address both houses on Capitol Hill, urged the US and UK to push for essential economic changes.

In appearance before the United States Congress Treasury Secretary Timothy Geithner said that the huge budget deficits are greatly consequence of the previous administration’s failure in addressing necessary investments in energy security and health.

Car sales in Brazil and Germany soared in February helped by tax breaks and a cash bonus to scrap old vehicles. In Brazil Fiat SpA reported its third straight sales increase in February and in Germany sales rose by 22% compared with the same month last year, reaching their highest level for 10 years.