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The USA and the EU

News about the United States of America and the European Union



'Grexit' holds risks for Wall Street, Washington 24 May 2012, 23:53 CET
For two years Washington and Wall Street have been bracing for Greece's eurozone exit, but despite the preparations, fears remain that an "X factor" could slap around the world's largest economy.

International monitors to pull out of Bosnia's Brcko 23 May 2012, 22:57 CET
International monitors decided Wednesday to pull out of the sensitive Bosnian town of Brcko, whose neutral status has been a source of tensions in the ethnically-divided Balkan state.

Obama hails progress on euro crisis 20 May 2012, 14:31 CET
US President Barack Obama hailed progress made in tackling Europe's economic crisis at the end of a G8 summit on Saturday, noting leaders' agreement that growth and jobs must be the priority.

G8 paper over tensions, back Greece in euro 19 May 2012, 23:56 CET
G8 leaders expressed their wish to see Greece stay in the eurozone at a Camp David summit Saturday, as the group papered over deep-seated divisions about how best to tackle the eurozone crisis.

Japan ready to help in euro crisis at G8 talks 19 May 2012, 12:55 CET
Japan said Friday that it stood ready to extend help in stemming the eurozone's debt crisis as the Group of Eight major industrialized nations opened crisis talks.

US, France forge growth position heading into G8 18 May 2012, 23:30 CET
The United States and France firmly agreed on the need for strong pro-growth policies to loosen an austerity straitjacket Friday, ahead of a G8 summit darkened by the eurozone crisis.

Greek euro exit looms as G8 gathers 18 May 2012, 11:10 CET
World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward a possible eurozone exit that would hold wildly uncertain repercussions for the global economy.

Obama to raise 'specific' euro ideas at G8 summit 17 May 2012, 23:33 CET
President Barack Obama will raise "specific" actions Europe could take on its debt crisis at the G8 summit starting Friday, as Washington welcomes talk of more growth-oriented policies.

Geithner lays into advocates of US 'austerity' 17 May 2012, 15:36 CET
US Treasury Secretary Timothy Geithner hit out at advocates of austerity treatment for the US economy, paralleling the attacks on the severe spending cuts that are pushing Europe's growth lower.

US urges Ukraine to free former PM, officials 16 May 2012, 21:51 CET
The US State Department on Wednesday urged Ukraine to free imprisoned opposition leaders, including former prime minister Yulia Tymoshenko, and allow them to run in future elections.

Clinton 'heartened' by new European stress on growth 16 May 2012, 18:42 CET
US Secretary of State Hillary Clinton said she is "heartened" to see Europe's leaders now searching for a consensus on policies promoting economic growth and not just austerity.

Obama, Monti agree to intensify growth, job creation 16 May 2012, 00:42 CET
President Barack Obama and Italy's Prime Minister Mario Monti agreed Tuesday on the need to "intensify" growth and job creation, as Washington prepared the ground for this week's G8 summit.

US Treasury chief hails growth debate in Europe 15 May 2012, 17:23 CET
US Treasury Secretary Timothy Geithner on Tuesday welcomed the debate stirring in Europe over the need for economic growth, as the eurozone grapples with a public debt crisis and stagnant economic expansion.

Euro debt woes darken mood for G8 summit 15 May 2012, 11:38 CET
Dashed hopes that Europe may be escaping its debt crisis will darken the mood Friday as President Barack Obama welcomes leaders of the G8 rich nations club to a summit at his Camp David retreat.

US envoy visits jailed ex-PM in Ukraine clinic 14 May 2012, 18:10 CET
A US State Department envoy visited Ukraine's jailed ex-premier Yulia Tymoshenko in hospital on Monday amid mounting Western criticism over her prosecution and treatment.

Obama: Europe was not decisive on crisis 10 May 2012, 23:29 CET
US President Barack Obama suggested Thursday that Europe was still struggling with its financial crisis because it did not follow the US path of trying to stimulate its economy.

EU official urges leaders to follow Obama on gay marriage 10 May 2012, 22:04 CET
More European leaders should take inspiration from US President Barack Obama and back gay marriage, the European Union's home affairs commissioner said on Thursday.

Brazil's Lula slams rich countries and IMF 04 May 2012, 10:48 CET
Former Brazilian president Luiz Inacio Lula da Silva on Thursday slammed rich nations for managing the world crisis by calling for belt-tightening by the poor while benefiting themselves from the financial system.

Clinton jabs 'jerry-rigged' EU rescue, urges growth 03 May 2012, 11:11 CET
Europe cannot end its budget crisis by belt-tightening alone and must promote growth, US ex-president Bill Clinton said Wednesday, lamenting its "jerry-rigged" rescue efforts so far.

McCain urges greater pressure on Ukraine, Belarus 02 May 2012, 22:20 CET
Top Republican US Senator John McCain on Wednesday urged the international community to keep up a wave of pressure on authorities in Ukraine and Belarus for persecuting opposition figures.

IMF rejects call to cut ties with Iran 01 May 2012, 22:59 CET
The International Monetary Fund on Tuesday rejected a call by a US anti-Iran group for it to cut its relations with Tehran's central bank in order to adhere to US and European sanctions.

EU urges 'restraint' in case of escaped China dissident 30 April 2012, 15:59 CET
The European Union on Monday urged China to exercise "utmost restraint" in the case of escaped blind activist Chen Guangcheng.

Biden criticizes EU stance on Turkey 27 April 2012, 20:20 CET
US Vice President Joe Biden criticized the European Union Friday for not fully embracing Turkey, stressing the "inordinate influence" of a country that is a close American ally.

Euro-MPs urge Lithuania to continue CIA jail probe 27 April 2012, 16:50 CET
European parliamentarians urged Lithuania Friday to continue a probe into an alleged CIA prison on its soil, said to have hosted a secret US jail for Al-Qaeda suspects.

Euro-MPs visit alleged CIA 'black site' in Lithuania 26 April 2012, 22:24 CET
A European Parliament delegation on Thursday visited a purported CIA "black site" in Lithuania, amid a probe into allegations the Baltic state hosted a secret US jail for Al-Qaeda suspects.