Banco Santander chairman Emilio Botin denied this week that he is selling his company’s assets in Brazil and said his bank is only interested in “buying” in Latinamerica’s leading economy.
Several European leaders among which the president of the European Council Herman Van Rompuy and the head of EU diplomacy Catherine Ashton are touring several Latinamerican countries with the purpose of strengthening relations with a region in full development but which lately has been increasingly focused on China.
The world's political and business elite gather in the snow-covered resort of Davos from Wednesday, aiming to instil some confidence in the global economy amid tentative signs of recovery.
In Latin America and the Caribbean 94% of primary-school age children attended school, but the figure was down to 75% for secondary level of education. Likewise the average number of people on technical or university courses was three times higher in the richest quintile than in the poorest quintile, according to data collected by the Economic Commission for Latin America and the Caribbean (ECLAC).
Global unemployment rose in 2012 after falling for two straight years and could further increase in 2013, the International Labour Organization (ILO) has warned in a new report. The number of unemployed worldwide rose by 4.2 million in 2012 to over 197 million, a 5.9% unemployment rate, according to Global Employment Trends 2013.
The European Union is the “most desired strategic partner” of Latinamerica, although with different intensity, according to a report from the International Prospective Institute, IPI, released on Monday in Madrid and ahead of the coming EU/CELAC summit in Santiago de Chile.
In an extremely tight German state election, and eight months ahead of the national election, the Christian Democrats (CDU) lost Lower Saxony, which comes as a blow for Chancellor Angela Merkel who enjoys majority support in public opinion polls.
A temporary port for the oil industry to the east of the Falkland Islands capital is under consideration, but will be removed once a deep water modern permanent sea terminal is constructed in Port William, according to local officials.
The insistence of the Argentine government with its official inflation stats, questioned by the IMF and other sectors of the country, will also be challenged by the powerful state workers union, ATE, which will publish a report on prices in Argentina and the basic needs of an average family.
Argentine president Cristina Fernandez ended on Sunday in Hanoi her visit to Vietnam the last leg of a week-long business and political trip that took her to the United Arab Emirates, Indonesia and finally the land which she emphasized represented an icon for her generation.