The US economy is continuing its economic downturn although it would be premature to officially declare a recession, the Organisation for Economic Co-operation and Development (OECD) has said.
Brazil became in 2007 Spain's second most important trade partner in the region (behind Mexico) and the main destination for Spanish net investments, according to official figures released this week in Madrid.
The European Central Bank president Jean Claude Trichet anticipated high inflation for a relatively longer period than originally expected and defined growth outlook for the European Union a unusually uncertain.
The merger of the Brazilian Bolsa de Valores de Sao Paulo and the futures Bolsa de Mercaderias & Futuros-BM&F SA confirmed the creation of the world's third-biggest publicly traded securities exchange and the largest in Latin America.
The spiral in rice world prices has become an extraordinary source of revenue for exporters Thailand and Vietnam but for the rest of Asian countries is a ticking time bomb that could lead to social chaos. Rice is the staple food for hundreds of millions in Asia and the Pacific basin.
The Managing Director of the Abu Dhabi government-owned International Petroleum Investment Co Ipic and Qatar Investment Authority (QIA) will invest 2 billion US dollars in a new fund for global acquisitions. Ipic and QIA will each spend 1 billion in the fund and investment will be leveraged to make best use of acquisition potential.
Unites States banking authorities and regulators who during the nineties recommended Latinamerica to closely monitor its financial system apparently forgot to look at home and this has led to the current financial crisis, said Uruguayan economist Enrique Iglesias
In the first six weeks of 2008 the average price of Uruguayan ovine meat exported to Brazil averaged 2.593 US dollars per ton, which is 17% higher than in the same period of 2007, according to the latest edition of the official publication from the Uruguayan Wool Secretariat (SUL).
Middle income families in United States should calculate that raising a child born in 2007 to adulthood will demand an estimated 204.060 US dollars in food, housing and education costs, according to an annual report from the US Department of Agriculture.
Argentina's foreign debt stood at the end of 2007 at 123.197 billion US dollars, a 13.3% hike over the 108.762 billion of 2006, according to the latest report from the country's Statistics and Census Institute, Indec.