US
China pushing for Yuan to be global currency
January 24, 2011Business leaders have mixed views about how soon the Chinese currency might replace the dollar as the world’s dominant currency as Beijing promotes greater use of the yuan. Some say Beijing must carry out more reforms for that to happen. Even...
US-financed reform in irrigation sector launched in Moldova
January 21, 2011The implementation of a reform in the irrigation sector, seen in the Compact programme was started today in Moldova. The US government allotted a 262-million-dollar grant to this end. In line with the agreement signed in Washington on 22 January 20...
China's investments in US are growing
January 20, 2011China's investment in U.S. business operations is growing rapidly, as the world's second largest economy seeks to find opportunities for profits on the home turf of the biggest global economy. Accounts vary on the extent of the Chinese investments...
China to buy 200 Boeing aircraft
January 19, 2011The US has signed a $45bn (£28bn) export deal with China, according to a Washington official. The trade deal includes a $19bn purchase of 200 Boeing aircraft. It comes amid an official state visit by China's President Hu Jintao to the States...
US magazine nominates Moldovan bank as best foreign exchange provider
January 19, 2011The US publication Global Finance has nominated the commercial bank Moldova Agroindbank as the best foreign exchange provider from Moldova. The distinction was awarded within a yearly report which designates the best financial institutions from all...
US economy growing 'moderately', says Federal Reserve
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January 13, 2011The US economy continued to grow moderately in December, but the weak housing market was still acting as a brake, says the Federal Reserve. In its latest Beige Book report, the US central bank said the manufacturing sector continued to enjoy the biggest...
US oil spill: 'Bad management' led to BP disaster
January 06, 2011The companies involved in the Gulf of Mexico oil spill made decisions to cut costs and save time that contributed to the disaster, a US panel has concluded. In a chapter of its final report, to be published next week, the presidential commission...
High oil price is inflation threat, says IEA
January 05, 2011The current high price of oil will threaten economic prosperity in 2011, according to the International Energy Agency (IEA). It said oil import costs for countries in the Organisation for Economic Co-operation and Development had risen 30% in the past...
Oil price up on 'manufacturing growth'
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January 04, 2011The price of oil has risen by more than a dollar a barrel after surveys suggested strong manufacturing growth in both the US and the eurozone. The Institute of Supply Management (ISM) said US manufacturing grew in December at its fastest pace since...
Iran invites foreign diplomats to nuclear sites
January 04, 2011Iran has invited foreign diplomats to tour its nuclear facilities, ahead of fresh talks with key world powers over its controversial nuclear programme. The offer was reportedly extended to Russia, China and several EU countries, but not the US. US...