Concern that Argentina’s government is reporting unreliable economic data is keeping Moody’s Investors Service from boosting the nation’s credit rating, said Patrick Esteruelas, an analyst with the company.
Following the latest decision from the Fed to pump more money into the US economy which triggered a barrage of criticisms from overseas, chairman Ben Bernanke in a column published in The Washington Post explains what it did an why.
Colombia approved Friday the integration of the Colombian stock exchange with those of Chile and Peru opening the way for the start of joint operations next November 22.
Colombia, Brazil, Paraguay and Uruguay have still to ratify the founding charter and constitution of the Union of South American Nations, Unasur, which needs an additional vote to become legally effective.
Sao Paulo’s Federal Prosecution has opened a process to determine the alleged responsibility of four retired military personnel accused of involvement in six killings and torturing 20 people among which president-elect Dilma Rousseff.
Brazil's President Lula da Silva asked his cabinet to do everything possible to help president-elect Dilma Rousseff transition smoothly into power.
Brazilian president-elect Dilma Rousseff was included in Forbes magazine latest list of the 68 most powerful people in the world which is headed by Chinese president Hu Jintao.
Asia and Latinamerica emerging economies anticipated that they would be implementing new measures to limit the inflow of capitals following on the United States Federal Reserve announcement that it would pump more liquidity into the faltering US economy.
New Spanish Foreign Minister Trinidad Jiménez has declared that her objective in respect of Gibraltar is “to generate enough confidence to renew bilateral talks about Gibraltar’s sovereignty with the British Government.”
Chile and Uruguay are among the less corrupt and most transparent countries of the region while Venezuela stands at the opposite end, among the worst cases in the world, according to the latest annual report from Transparency International officially released in Berlin.