Tag: United State
Federal reserver maintains its exceptional support to economic recovery
The Federal Reserve (Fed, central bank) said Wednesday it revised down its forecast for U.S. economic growth for 2013 and maintain its policy to support growth in a context of “risk of degradation.” Emphasizing “a return to moderate economic growth after the pause observed at the end of last year,” the Monetary Policy Committee of [...]
The U.S. deficit dropped 12 percent in February
The U.S. deficit in February fell 12 percent year on year to 203,500 million dollars, said the Treasury Department. The data is good news for the Obama administration, which seeks to reduce the difference between income and expenses at the end of this fiscal year ending September 30 below a billion dollars. In the first [...]
Wall Street and the Ibex-35 leading a week of stock market euphoria
Global stock markets have experienced a week of euphoria, which has resulted in the four outer highs on Wall Street and in Spain, with a leading Ibex-35 increases across Europe and a significant reduction in the risk premium . Positive data, as the Japanese GDP last quarter, which was up 0.2% against -0.4% expected, the [...]
The U.S. deficit closes above 2012 billion dollars for the fourth year
The U.S. budget deficit closed fiscal 2012 to 1.09 billion, above the psychological dimension of the trillion dollars but about 16% less than the $ 1.3 billion 2011, said today Treasury Department. This is the fourth consecutive year that the U.S. budget deficit is above a trillion dollars, and is the fourth largest since World [...]
Obama calls for increased taxes on the wealthiest Americans
U.S. President Barack Obama on Saturday called for increasing tax rates for the wealthiest Americans, noting that the advantages granted by the current tax system for people with higher incomes is unfair. “Today, the wealthiest Americans pay taxes to one of the lowest in fifty years,” said the president in his weekly radio and Internet. [...]
U.S. granted $ 100 million to Tunisia to ease their tax burden
The U.S. government today announced the award of $ 100 million to Tunisia for the “short-term tax relief” in the country, trying to restructure the debt incurred during the regime of deposed Zine El Abedin Ben Ali. “This transfer will go directly to the debt financing that Tunisia should the World Bank (WB) and African [...]
The U.S. economy grew at an annual rate of 3 percent in the last quarter of 2011
The U.S. economy grew at an annual rate of 3% between October and December 2011, as confirmed by the Commerce Department today in its final figures for the quarter. Most analysts expected that the review and adjustment of figures throw an annualized growth rate of 3.2%. The rate of increase of gross domestic product (GDP) [...]
BRICS want development bank monetary policy and criticize EU and U.S.
The BRICS as a group will not support a candidate for president of the World Bank but progress in the project to create a development bank, criticized the monetary policy of the United States and Europe and called for dialogue with Iran and Syria in the crosshairs of the Western powers. In their fourth summit [...]
U.S. Nominee to chair the World Bank traveling to Africa, Asia and Latin America
Jim Yong Kim, the U.S. nominee to head the World Bank (WB), travels from this Tuesday until April 9 in Africa, Asia and Latin America to hear opinions on the future of the institution in the process of choice. The Treasury Department today announced U.S. tour, including Ethiopia, China, Japan, South Korea, India, Brazil and [...]
An Americal or Colombian To Head The World Bank
The World Bank official on Friday at the three candidates vying to succeed Robert Zoellick in his presidency: it is his compatriot and favorite, Jim Yong Kim, the Colombian Jose Antonio Ocampo and the Nigerian Ngozi Okonjo-Iweala. Ocampo, a former Minister of Finance Colombian who currently serves as professor at Columbia University (New York), had [...]
