United States

United States
Saturday, March 5th 2016 - 06:29 UTC

US jobs market in February underlines strength of the economy

 The unemployment rate was unchanged from January at 4.9% - an eight-year low. The  year-on-year growth in average hourly earnings slowed to 2.2% last month

The United States economy added 242,000 jobs in February, far better than the 190,000 expected by economists. The Labor Department numbers underlined the strength of the US economy and may allow the Federal Reserve to gradually raise interest rates this year. Another 30,000 jobs were also added to the previous estimates for December and January.

Thursday, March 3rd 2016 - 04:47 UTC

Republicans work out strategy to stop Trump in Ohio and Florida primaries

Republicans and allies hope to unleash a TV campaign aimed at battering Trump, hoping that could help Kasich win Ohio and Rubio his home state of Florida

Following on Donald Trump's sweeping win on “super-Tuesday” Republican strategists are planning support for Ohio governor John Kasich so he can take his state presidential primary on 15 March and similarly with hopeful Senator Marco Rubio in his home state of Florida.

Wednesday, March 2nd 2016 - 23:46 UTC

Trump tsunami: Republican hedge fund billionaire Paul Singer to become Rubio's finance chairman

US daily Pol?tico reported on Tuesday that the announcement will be made at a quarterly gathering of Rubio donors in Miami on March 10.

Paul Singer, the influential hedge fund billionaire from New York who endorsed Marco Rubio in October, is set to be named as his national finance chairman according to various US press reports. Singer is well known in Argentina for bringing a lawsuit against the government in the holdouts dispute.

Wednesday, March 2nd 2016 - 22:43 UTC

US becomes a net natural gas exporter for a week with a shipment to Brazil

But US is not expected to become a net exporter of gas on an annual basis until 2017 after more pipelines to Mexico and LNG export terminals enter service

United States turned into a net natural gas exporter for a week after the first liquefied natural gas export from Cheniere Energy Inc's Sabine Pass terminal in Louisiana left for Brazil. The United States however is not expected to become a net exporter of gas on an annual basis until 2017 after more pipelines to Mexico and LNG export terminals enter service, according to federal energy estimates.

Monday, February 29th 2016 - 11:59 UTC

US economy grows faster in 4Q, but high inventories could impact 1Q of 2016

US central bank chair Janet Yellen has indicated that rates could rise gradually through the year if the economy grows strongly enough.

The United States economy grew at a faster pace than previously thought in the fourth quarter of 2015, according to the latest official figures. Growth was an annualized 1% in the quarter, compared with an initial estimate of 0.7%.

Monday, February 29th 2016 - 07:28 UTC

Praise for Argentina's economic reforms from US, China and Europe at G20

 US Treasury Secretary Lew welcomed Argentina’s “continued efforts” to solve the litigation with the holdout and hoped “all creditors can resolve their differences”

Argentina received support for its economic reforms from the United States, China and Europe during the Finance ministers meeting held in Shanghai over the weekend in anticipation of the G20 heads of state and government summit next June, according to a release from the Argentine Finance ministry.

Tuesday, February 23rd 2016 - 06:18 UTC

Two abstract expressionist master pieces sold for 500 million dollars

 Griffin bought de Kooning's 1955 oil on canvas titled “Interchange” for about $300 million and Pollock's 1948 “Number 17A” canvas for about $200 million.

United States billionaire Ken Griffen, paid $500 million for two paintings by abstract expressionist masters in one of the largest private art deals ever. Griffin, founder of Chicago-based hedge fund firm Citadel, bought works by Jackson Pollack and Willem de Kooning from David Geffen's foundation.

Tuesday, February 23rd 2016 - 06:07 UTC

Apple and US government appeal to public opinion on the court's privacy dispute

Apple’s CEO Tim Cook said the case “is about much more than a single phone or a single investigation”, it risks a precedent that “threatens everyone’s civil liberties”

The public dispute in the United States between the Justice Department and Apple continued Monday as the tech giant called on the government to withdraw its demand for help in unlocking a phone used by one of the shooters in December’s terrorist attacks in San Bernardino, Calif., and instead let a commission of experts discuss the issue.

Friday, February 19th 2016 - 03:52 UTC

Obama's visit is evidence Argentina is reinserting in the world, underlines Malcorra

The fact Obama has decided to come in the first quarter of Macri's administration “is a clear signal of the interest and priority the United States assigns to Argentina”

“The coming visit of President Barack Obama is irrefutable proof of what we have said all along: Argentina is reinserting itself in the world, maintaining but also opening links with all our other partners and potential associates”, Foreign minister Susana Malcorra underlined following the White House statement that the US president will be visiting Argentina next 23/24 of March.

Thursday, February 18th 2016 - 07:08 UTC

Obama expected to make a historic visit to Cuba sometime in March

ABC and CNN reported the news of the Obama visit, which went without confirmation from White House officials

United States President Barack Obama will make a historic visit to Cuba within the next month, the culmination of his efforts to end a half-century of tensions between Havana and Washington, ABC and CNN reported late Wednesday.

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