Brazil's chief negotiator at the Doha Round of trade talks at the World Trade Organization (WTO) accused United States of moving countercurrent regarding the liberalization of global agricultural trade and expressed uncertainty that negotiations can conclude this year.
A report by a Committee of Eminent Persons advised the International Monetary Fund on Wednesday to sell 400 tons of its gold reserves as part of a new strategy to set the Fund's finances on a sustainable basis.
Argentina, which is constantly challenging China as the world's largest honey exporter, last year exported 99,000 tonnes of honey for 146 million, a decline of six percent in volume but an increase of 15 percent in revene reflecting higher prices for the product.
Argentina has suspended the import of all meat products from Bolivia in response to an outbreak of foot-and-mouth disease, Senasa, the agricultural health and quality service, announced Tuesday.
A proposal by the Argentine government to allow some 11 million people to migrate from the private AFJPs pension funds to the state-run scheme has won widespread praise for the sake of freedom of choice, but also criticism, with observers telling MercoPress that it has been timed ahead of the October's presidential vote, aimed at funding the government even a step towards re-estatization.
The United States Federal Reserve left Wednesday interest rates unchanged at 5.25% for the fifth time running based on firmer economic growth with the economy likely to expand at a moderate pace over coming quarters.
A majority of people in France, Germany, Spain and Italy feel the euro has hurt their economies, according to a poll published Monday in the Financial Times. The FT-Harris survey found more than half of citizens questioned in the big euro zone countries said they preferred their former currency.
Brazilian President Luiz Inacio Lula da Silva made on Friday an impassioned plea to rich countries to assume their responsibilities in long-struggling global free trade talks helping to achieve a quick agreement.
Chilean banks were among the most profitable in the world in 2006, with profits of 18.56 percent in 2006, according to recent figures developed by Chile's Bank and Financial Institution Supervisory Board (SBIF).
Argentina's rate risk dropped Friday below that of neighboring Brazil, a day after the successful floating of sovereign bonds totaling 500 million US dollars, at the lowest interest rate since August 2005.