Chancellor of the Exchequer George Osborne welcomed the decision by insurer Hiscox to join the Lloyd’s Brazil reinsurance platform during his current trip to Brazil. This will allow Hiscox to grow its Brazilian business, enabling it to talk directly to potential customers and better understand the local market.
While Uruguay's current financial position is significantly stronger than in the early 2000s when its economy suffered from the effects of the Argentine crisis, a severe downturn in Argentina could still have an important impact on Uruguay's economy through a variety of transmission channels, according to a new special report published by Fitch Ratings.
A purse snatcher on a motorcycle ended in hospital terribly beaten up by furious neighbors from one of Buenos Aires City most posh boroughs caught him after committing the crime. A woman police on the beat had to rescue the robber from the lynching crowd until other officers arrived.
Survivors of the first major naval battle of the Second World War will gather at Britain's National Memorial Arboretum to unveil a memorial commemorating the event. The Battle of the River Plate took place 75 years ago (December 1939), and less than a dozen veterans are still alive from this, the only episode of the war to take place in South America.
The World Bank has trimmed its growth forecast slightly for China, citing a bumpy start to the year. It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.
As if problems with the delayed stadiums was not enough, and with less than 10 weeks until the start of the World Cup, work on crucial new airport terminals has fallen behind in most of the dozen Brazilian host cities, heightening the risk of overcrowding and confusion during the tournament.
At the start of a three day trade trip to Brazil, the Chancellor of the Exchequer George Osborne announced the next stage in the UK government’s fundamental overhaul of finance for exporters which should move the UK to the top of the global league for export support.
Brazilian President Dilma Rousseff announced that the third stage of an investment plan, Growth Acceleration Program (PAC) will be launched in August, just two months ahead of an October presidential election in which she will seek re-election.
A career diplomat and an expert in UK affairs has been named Foreign Policy Undersecretary at the Argentine Ministry of Foreign Affairs. Maria Carolina Perez Colman replaces Maria del Carmen Squeff who was recently nominated as Ambassador before the French government.
Argentina and Colombia are among the countries with the hottest and sexiest women in the world according to the TargetMap, an internet site that works with all sort of data, surveys and tendencies displayed on maps.