United States

Tuesday, May 29th 2007 - 21:00 UTC
Bush has chosen Robert Zoellick for World Bank president

United States President George W Bush has chosen Robert Zoellick, former deputy Secretary of State, to be president of the World Bank, US officials revealed on Tuesday.
Wednesday, May 23rd 2007 - 21:00 UTC
US gasoline prices have not yet reached the 1980/1981 record

The average price of regular gasoline has reached a new record in United States but adjusted to inflation and linked to the GDP, the bill is still lower than that of 1981, according to the US Energy Information agency, EIA.
Wednesday, May 23rd 2007 - 21:00 UTC
Greenspan forecasts “dramatic contraction” of Chinese stocks

Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a “dramatic contraction” in Chinese stocks but said the global economy may be able to shrug off a drop in asset prices. U.S. and Japanese stock markets slipped following his remarks.
Tuesday, May 22nd 2007 - 21:00 UTC
Bush wants US citizen for World Bank; Blair out of the race

President George W. Bush said this week he wants a United States citizen to succeed Paul Wolfowitz as president of the World Bank, playing down speculation he might turn to departing British Prime Minister Tony Blair for the job.
Tuesday, May 22nd 2007 - 21:00 UTC
US/China clash over “imbalances” and “politicizing trade”

United States Treasury Secretary Henry Paulson urged China to address “persistent trade and financial imbalances” as bilateral high-level discussions kicked off in Washington.
Thursday, May 17th 2007 - 21:00 UTC
White House/Senate deal on immigration and border security

The White House and key senators agreed Thursday to reshape United States immigration laws and give millions of illegal immigrants' legal status, a compromise that carries heavy potential risks because it still must pass the test of approval.
Tuesday, May 15th 2007 - 21:00 UTC
Food and fuel push US inflation in first four months to 4.8%

United States consumer prices increased by 0.4% in April, down from 0.6% in March with prices of goods such as clothing offsetting higher petrol costs, according to the latest release from the US Labor Department.
Friday, May 11th 2007 - 21:00 UTC
US March trade deficit up but 2007 first quarter is down 5.7%

The United States trade deficit widened by more than expected in March, as higher oil and petrol prices sent imports to the second-highest level on record.
Friday, May 11th 2007 - 21:00 UTC
Democrat-Congress and White House reach deal on world trade

United States Democratic-controlled Congress wrestled major trade concessions from the Republican administration to make international labor and environment standards binding for US free-trade agreements.
Wednesday, May 9th 2007 - 21:00 UTC
Fed leaves rates unchanged at 5.25% but main “concern” is inflation

In a move widely expected the United States Federal Reserve kept its main interest rate on hold at 5.25%, but warned that its predominant policy concerns remains “the risk that inflation will fail to moderate as expected”.