Brazil's central bank reiterated Wednesday its clear commitment to raise interest rates soon, as the outlook for inflation has become “far less favorable” than it had previously thought.
Soybean growers in Brazil, the world’s largest producer after the U.S., may harvest more of the oilseeds next year than the government estimated earlier this month, Agriculture Minister Wagner Rossi said on Wednesday.
State Grid Corp. of China completed the purchase of seven electricity distribution businesses in Brazil for 989 million US dollars, announced the government this week.
The Swedish government Wednesday said it would close five embassies next year due to budget constraints, among them offices in Argentina.
The strongman of Argentina's 1976-1983 military Junta General Jorge Videla, was sentenced to life in prison on Wednesday for crimes against humanity committed during the so called dirty war against left-wing dissidents.
Bolivia formally recognized Palestine as an independent and sovereign state within the 1967 borders, Bolivian President Evo Morales announced Wednesday. Reports last week indicated that such a decision was imminent
WikiLeaks founder Julian Assange has been named Man of the Year by France's Le Monde newspaper, one of the five publications to cooperate with the whistleblowing website on its its latest release of leaked documents.
Secretary of State Hillary Clinton will head the United States delegation to attend the inauguration of Brazilian president-elect Dilma Rousseff next January first, announced Wednesday the White House.
United Nations Secretary General Ban Ki-moon announced Wednesday the appointment of Major-General Raul Gloodtdofsky Fernandez from Uruguay as head of the United Nations mission in India and Pakistan.