Brazil latest harvest (2010/2011) should reach 162.9 million tons of grains and oilseeds establishing a new record according to the latest release by the National Supplies Company, Conab.
Western and Middle Eastern governments pledged to help Egypt, Tunisia, Morocco and Jordan make the transition to democracy, mobilizing 38 billion dollars of financing, mostly through international lending organizations.
Germany has proposed Deputy Finance minister Joerg Asmussen to replace Juergen Stark on the European Central Bank's executive board, Finance Minister Wolfgang Schaeuble said.
New Zealand's biggest meat company expects the horde of carnivorous rugby fans to consume an extra 70,000 of sheep, cattle and deer during the Rugby World Cup that took off last Friday.
Argentina’s government will monitor ownership changes at Spain’s Repsol and it reserves the right to wield its golden share in YPF, the Spanish concern’s local unit, YPF, said in a statement after a board meeting that included a state-appointed director.
Latin American shares sank on Friday as global equity markets plunged on fears a Greek default could hobble major European banks and deepen a global economic slowdown.
Uruguay could enjoy 1.3 billion dollars of wind farms in the next four years after developers said they could provide electricity cheaper than conventional energy sources.
Policymakers in advanced economies should use all available tools to boost growth, International Monetary Fund Managing Director Christine Lagarde said on Friday, calling for bold action to weather a dangerous new phase of recovery.
United States pressed Europe's strongest economies on Friday to give unequivocal financial support to weaker Euro zone states to overcome a debt crisis that threatens the world economy.
Germany’s Chancellor Angela Merkel government is preparing plans to shore up German banks in the event that Greece fails to meet the terms of its aid package and defaults, three coalition officials said.