Tag: United States
Japan will provide 60,000 million of additional contribution to the IMF
Japan will contribute with 60,000 million to the expansion of additional resources requested by the International Monetary Fund (IMF) to contain the spread of the debt crisis in the eurozone, said the Japanese Finance Minister, Jun Azumi. Azumi, who hopes other countries will follow the line from Japan, today confirmed the amount allocated to the [...]
Brazil and the U.S. seek to forge a new bilateral relationship according to the XXI century
The governments of Brazil and the U.S. in Brasilia said today its intention to build a relationship based on “a new narrative” that focuses on the opportunities and challenges of the XXI century. The Brazilian Foreign Minister, Antonio Patriota, and Secretary of State Hillary Clinton met today at the Itamaraty Palace, headquarters of the Foreign [...]
Hillary Clinton Pointed to the Economy as the Core of the Ties Between Brazil and the U.S.
Secretary of State Hillary Clinton said today in Brasilia to strengthen economic and trade relations as a key element in the ties between the two countries. “The economic dimension has grown tremendously” in bilateral relations, said the U.S. diplomat in a speech at the headquarters of the National Confederation of Industry (CNI). Clinton noted that [...]
The IMF calls for an automatic increase of the retirement age and pension cuts
Link the increase in retirement age to longevity automatically, cutting benefits for future public and share risks with private pension plans are some of the recommendations of the IMF to control the rising costs due to aging. “The risk linked to longevity is an issue that requires more attention and has been underestimated (…). A [...]
Lehman Begins Next Week the Distribution of $22,500 Million to its Creditors
Investment bank Lehman Brothers said today that next week will begin to distribute to creditors of $ 22,500 million, over three and a half years after starring in the largest bankruptcy in U.S. history. Lehman Brothers said in a statement that the money will start to deliver from April 17 to more than 12,000 creditors [...]
Obama Proposes to Call “Reagan Rule” to His Plan to Raise Taxes on the Rich
U.S. President Barack Obama today proposed to call “Reagan rule” to his initiative to raise taxes on the rich to pay at least the same rate as the average citizen, a plan that considers a matter of ” justice “to ensure economic growth. Obama has reiterated its call on Congress to pass this tax initiative, [...]
U.S. Demand to Apple and Publishers for Price-Fixing of Electronic Books
The Justice Department today sued the U.S. technology giant Apple to and five of the largest publishers in the country for allegedly violating antitrust laws agreeing the sale prices of their ebooks. According to the complaint filed with the court for the Southern District of New York, publishers Simon & Schuster, Hachette, Penguin, Macmillan and [...]
The Asian Development Bank predicts that the economy in Asia will grow 6.9 percent in 2012
Asia’s economy will grow 6.9 percent in 2012, three tenths of a slowdown compared to 2011 but rebound in 2013 to 7.3 percent, according to estimates of the Asian Development Bank (ADB) released today in Beijing and other cities of the continent. Asian countries remain affected by weak export demand in economies like the EU [...]
Wall Street had its worst day of 2012
Wall Street experienced its worst day today 2012 and strung five consecutive days dragged down by renewed worries about the debt crisis of the euro area and the excitement generated by the start of the season for the dissemination of U.S. corporate results. The Dow Jones industrial flooring the main reference of New York, played [...]
Obama believes that the rich should stop receiving the benefits “that do not need”
The U.S. President Barack Obama will defend today in a speech at a university in Florida its proposal to raise taxes on millionaires who receive tax benefits “not needed”, and warned of “growing gap between the very rich and everyone else. ” 1 percent of Americans, the richest, are currently paying a lower tax rate [...]
