The number of US citizens claiming new unemployment benefits last week dropped below the 400,000 level for the first time since early April, a hopeful sign for the US economy which has struggled to regain momentum.
Representatives of leading emerging market countries at the IMF have warned the Fund's management against pouring more large sums of money into Greece's second bailout, the Financial Times reported on Thursday.
International Monetary Fund's external relations director Caroline Atkinson resigned Thursday after being appointed the as a White House special assistant to the president for international economic affairs.
The population of the European Union reached 502.5 million on 1 January 2011 according to data provided by the statistical office of the European Union. This is one million and a half more than a year ago.
Brazilian Foreign Affairs minister Antonio Patriota said that trade talks is one of several points in the bilateral agenda, ‘but not the most important’, next Friday when Argentine president Cristina Fernandez de Kirchner visits her Brazilian peer Dilma Rousseff.
Activity in Buenos Aires Metropolitan airport slowly resumed its normal pace on Wednesday as Aerolíneas Argentinas, Austral and Lan airlines announced they resumed their operations, after cancelling them due to volcanic ash cloud.
Venezuela said it remains committed to compensating Exxon-Mobil and Conoco-Phillips for nationalized oil assets, as long as the amount is reasonable and either settle by mutual agreement or set by the World Bank’s arbitration panel.
The pace of United States economic growth slowed last month in eight of the 12 Federal Reserve Districts, the central bank said Wednesday in the latest edition of its Beige Book report.
Spain's Banco Santander CEO Alfredo Saenz announced Wednesday its second-quarter net profit fell 38% as growth in Latin America was offset by weaker results in crisis-hit Europe and a one-time charge in Britain
Former nationalist military officer Ollanta Humala will take office next Thursday as the next president of Peru, one of the fastest growing economies in the world but with almost half the population living in poverty.