Brazil succeeded in selling 50 million US dollars worth of dollar-denominated government bonds in Asian markets on Friday, the Treasury Department announced.
Global food prices rose in April for a third straight month as surging dairy costs kept upward pressure on the FAO index, but cereal output is expected to be strong this year. Food prices spiked during the summer of 2012 as the United States was hit by a severe drought and dry weather plagued other producers. After falling at the start of 2013, prices have been rising again in the past three months
A group of Tory MPs will attempt to force a House of Commons vote over a referendum on the UK’s European Union membership in a fresh blow to David Cameron’s authority. They have criticised the failure to include legislation paving the way for PM Cameron’s promised public vote on the EU.
Germany's newly launched anti-Euro party will clear a key hurdle this weekend to taking part in September's national election but has yet to rally enough support to win seats in parliament.
The United States told Japan it would be watching for any sign it was manipulating its currency lower but Tokyo said it met no resistance to its policies at a meeting of Group of Seven finance ministers.
Paraguay has made official its request to become an observer of the Pacific Alliance, (Colombia, Chile, Mexico and Peru), as part of its policy to strengthen relations with other countries that goes beyond Mercosur and has proven very successful for the exchange of experiences.
The outlook the Uruguayan banking system is stable, based on expectations that continued economic growth and favourable labour market conditions will sustain loan growth and banks' profitability, says Moody's Investors Service in the report Banking System Outlook: Uruguay.
In the decade after Jim O’Neill of Goldman Sachs coined the acronym “BRICs” in 2001, grouping together four big countries with the potential for sustained growth, the “B”, Brazil, really put itself on the economic map.
The director of Brazil's Agencia Nacional do Petroleo (ANP) reports significant interest from operators in Brazil's upcoming 11th bidding round as the country pursues its plans to double its oil and natural gas production. The bidding round is the first since December 2008 and the first under the nation's new hydrocarbon law.
The Isle of Man concluded a Tax Information Exchange Agreement with Argentina on 14 December 2012 and on January this year the Embassy in London confirmed that Argentina had completed its ratification procedures in relation to the agreement.