The Dow Jones Industrial Average has topped the 10,000 mark for the first time in a year. World markets were boosted by the news that US bank JP Morgan Chase reported a better-than-expected profit in the July-to-September quarter. The Dow closed up 144.8 at 10,015.86, its highest since October 2008.
Brazil's Bovespa stocks index and currency, the Real, extended recent rallies Wednesday to end at fresh highs not seen in more than a year. The main Sao Paulo stocks index ended 2.4% higher at a 16-month high of 66,201 points.
Argentine inflation was 0.7% in September according to the official controversial Statistics office, Indec. The figure released Wednesday as has been happening for years was disputed by private consultants that estimate an average between 0´9% and 1.3%.
A graphology profile of Uruguay’s presidential candidates for the coming October 25th election has surfaced such adjectives as “impulsive” and “egocentric”. The report was published in Montevideo’s main daily El Pais following on the “readings” of the signatures of three of the hopefuls.
Several Latinamerica former political leaders and security experts expressed concern over the consequences of an arms race in South America and in Central America’s Nicaragua.
The super rich from China seem to have put the credit crunch behind them as the average wealth of China’s richest 1,000 people grew 30% in the past 12 months, surpassing the boom of 2007, according to a report released this week in Shanghai.
Environmentalist David Suzuki has received a prestigious award known as the alternative Nobel for his work to raise awareness about climate change. Suzuki, 73, received the Right Livelihood Award, along with three other activists.