US Treasury Secretary Timothy Geithner reached out to Brazil by citing a shared concern - China - and endorsing Brazil's approach for dealing with global economic distortions.
Former internet media giant AOL is buying the online newspaper The Huffington Post for 315 million US dollars in a bid to regain its position as a leading producer of web content, the companies announced Monday.
Argentina has stopped the import of high-class luxury cars and redoubled efforts to convince companies with no assembly plants in Mercosur to reduce imports and reach export agreements with Argentine auto parts industry.
Last year was a great year for Chilean wine exports. Despite the drop in wine exports that followed the 2008 financial crisis, in 2010 the wine industry reported sales of 1.5 billion US dollars, a 12.4% increase over 2009.
United States Treasury Secretary Tim Geithner will visit Monday Brazil to discuss economic cooperation. Geithner is scheduled to return on the same day.
Argentina is in the midst of a consumption boom, but inflation that old Argentine plague, has once again fully surfaced, writes the New York Times Alexi Barrionuevo from Buenos Aires.
Uruguay’s consumer prices rose in January at the fastest pace since 2008, led by higher health, food and beverages costs, according to the latest report from the National Institute of Statistics, INE.
The International Monetary Fund urged Uruguay to focus policies on securing “a soft economic landing” amid a surge in capital inflows to emerging economies and higher commodity prices.
China's appetite for luxury goods fuelled a record year for sales and profits at world industry No. 1 LVMH, (Louis Vuitton) prompting boss Bernard Arnault to say the market had entered a new growth cycle.
Paraguay recovered full status of “country free of foot and mouth disease with vaccination” following the World Organization for Animal Health (OIE) decision to lift the “high vigilance zone” over 1.2 million cattle.