Argentina called on Latin America to promote inter-trade among the region’s countries replacing the almost 460 billion dollars of manufactured goods from the rest of the world imported in 2010.
The US city of Harrisburg - capital of the state of Pennsylvania - has filed for bankruptcy, making it the first state capital to do so. Harrisburg faces debts of 300 million dollars and has struggled to pay for services.
Chile was ranked last for income, education and the quality of environment, according to the Organization for Economic Cooperation and Development or OECD report on well-being released Oct. 12.
On the same day that Brazilian Catholics honour their patroness, Our Lady of Aparecida, the country is celebrating Oct. 12, 2011 as the 80th anniversary of Rio’s famous “Christ the Redeemer” statue.
United States lawmakers are trying to block development loans to Argentina and seek out allies to pressure President Cristina Fernandez to settle with holders of defaulted debt in exchange for funding development banks.
Unemployment in Britain has jumped to its highest level since 1994, with young people hit hardest as private companies fail to make up for job losses in the public sector, piling pressure on the government to boost a stagnant economy.
Parties in Slovakia's fallen government struck a deal with the leftist opposition Wednesday to ratify a plan to bolster the Euro zone's rescue fund by Friday, effectively ending a crisis that had threatened the currency's main safety net.
The September jobs report was “a bit of positive news”, but the pace of jobs growth is still too slow to make a significant dent in the unemployment rate, a Federal Reserve policymaker said Wednesday.
The president of the European Commission called Wednesday for EU leaders to bring forward the introduction of a permanent rescue mechanism for states to mid-2012 from mid-2013 and called for more rigorous capital standards for banks.
Falkland Islands Desire Petroleum plc announced Wednesday that it has agreed the terms of a farm-out agreement, subject to the approval of the Falkland Islands Government, with Rockhopper Exploration PLC over the northern section of its Tranche D (PL004) licence.