Daily Archives | United States
India among Largest Economies
April 30th, 2012
READ MORECNN has published an interactive chart of the ten largest economies in the world and their evolution in the coming years: United States, China, Japan, Germany, France, United Kingdom, Brazil, Italy, Russia and Canada. The study created by Andrew Bergman …
Free Trade Agreement Colombia-US
April 18th, 2012
READ MOREDuring the Summit of the Americas, recently held in Cartagena de Indias, Colombia, Barack Obama, the president of the United States, mentioned the historic progress for Colombian worker protections and human rights. As a consequence the planned free-trade agreement between …
Kim Chosen to Head the World Bank
April 17th, 2012
READ MOREThe World Bank board of directors met yesterday and finally elected Jim Yong Kim as the new president of the financial institution. His term begins July 1st. The successor of Robert Zoellick confirms once more the monopoly of U.S. on …
Prostitution Scandal Eclipses the Summit of the Americas
April 17th, 2012
READ MOREThe Summit of the America organized in Cartagena, Colombia, was attended by more than 30 heads of State, who discussed relevant issues, including the end of Cuba’s isolation. The meeting was overshadowed by the scandal of 11 US Secret Service …
China Loosens Currency Controls
April 16th, 2012
READ MOREIn a move that may spur gains in the value of the Yuan, China has loosened currency controls. From Monday the Chinese currency can fluctuate up to 1% in trading against the dollar from a fixed price set by the …
Dilma Rousseff Visits Washington
April 10th, 2012
READ MOREBrazilian President Dilma Rousseff visited American President Barack Obama last Monday. According to analysts the two day visit to the US with seven ministers and representatives of the business community didn’t generate many expectations since Obama is immersed in its …
April: Month of Microfinance
April 3rd, 2012
READ MOREThere is a growing interest on microfinance in the United States, a surprising movement taking on account that this financial scheme was originally devised for poor people in developing countries. The Student Microfinance Movement is a student-run microfinance organization based …
The Largest Lottery Jackpot has Three Winners
April 2nd, 2012
READ MORETo win the lottery is one of the most common fantasies about becoming suddenly rich. The largest lottery jackpot in the history of the United States amounted 656 million dollars. On Friday March 30th three American citizens (residents of Illinois, …
“Magic” Johnson Acquires the Dodgers
March 29th, 2012
READ MORELos Angeles Dodgers revealed that a financial group that includes former basketball star Earvin “Magic” Johnson will acquire the team for US $2 billion. This is the highest price paid for a North American sport franchise. The team has won …
Internet Accounts for 4.7% of US Economy
March 22nd, 2012
READ MOREThe global network keeps growing at a fast pace. According to a new study of the Boston Consulting Group it contributes more to American economy than the entire federal government. In 2010 the Internet accounted for US $684 billion (4.7%) …