Oil weakens on inflation and fears of recession in the United States

Oil prices slid on Monday, weighed down by fears of economic recession and galloping inflation in major crude-consuming countries like the United States, when in China, the possibility of new confinements in the largest cities worries. Around 9:20 a.m., a barrel of Brent from the North Sea for delivery in August lost 1.11% to 120.66 … Read more

Inflation rises in the United States, so do Fed rates

Faced with inflation that continues to climb in the United States, even becoming Joe Biden’s economic priority, the American central bank is preparing to raise its key rates for the third time on Wednesday, and could accelerate the movement. The monetary policy committee, the decision-making body of the Fed, meets on Tuesday and Wednesday. A … Read more

regulator expands probe into Tesla collisions with emergency vehicles

The US Highway Traffic Safety Agency (NHTSA) has expanded the investigation it opened last summer into Tesla’s driver assistance system being responsible for a series of crashes with emergency vehicles, according to released documents. Thursday, June 9. The investigation has moved from the preliminary evaluation stage to that of engineering analysis, the last stage before … Read more

the stock market regulator proposes measures for more transparency and competition

Gary Gensler, the chairman of the American stock exchange authority, the SEC, unveiled on Wednesday June 8 a series of reform projects intended to make the stock market “more transparent and competitive», especially for small investors. Read alsoIn the face of inflation, the Indian central bank raises its rate a second time The aim of … Read more

US announces $100 million for medical training in Latin America

The United States announced a $100 million plan on Wednesday to train half a million health professionals in Latin America, at the Summit of the Americas in Los Angeles. The new Health Corps of the Americas will aim, over five years, to improve the skills of 500,000 employees in the sector, particularly in the fields … Read more

impact still uncertain in the United States, according to Yellen

The impact in the United States of the taxation of multinationals where their profits are made, and not in the country of their headquarters, a measure provided for in a global agreement signed in October, remains uncertain at this stage, the secretary said on Tuesday. US Treasury, Janet Yellen. “We will derive revenue from the … Read more

trade deficit narrows in April

The U.S. trade deficit narrowed in April after hitting a record high in March on the back of rising exports and falling imports, Commerce Department data showed on Tuesday. The goods and services deficit with the rest of the world stood at $87.1 billion in April, down nearly 19.1% from the previous month, when it … Read more

The United States wants to attract foreign tourists again

The United States wants to bring back foreign tourists, banned for a year and a half because of Covid-19, and presented a plan on Monday to seduce them, aiming to welcome 90 million international travelers a year. Total spending by these visitors is estimated at $279 billion a year, the Commerce Department said in a … Read more

JetBlue wants to appease Spirit shareholders with an improved offer

The American low-cost company JetBlue Airways, which seeks to convince the shareholders of Spirit Airlines to prefer its takeover offer to that of Frontier Airlines, proposed Monday to pay more in the event of blocking by the competition authorities. Read alsoSpirit Airlines rejects JetBlue’s takeover bid, preferring Frontier’s JetBlue launched a hostile takeover bid (OPA) … Read more

China says it is “firmly opposed”

China continues to oppose the emancipation of Taiwan and the United States hopes to extend its influence to the gates of the Middle Kingdom. China on Thursday expressed its “firm oppositionto the trade discussions launched the day before between the United States and the island of Taiwan, which Beijing considers to be an integral part … Read more