Chief Minister Fabian Picardo has told German readers of Frankfurter Allegmeine Zeitung that he is firmly convinced that Gibraltar will never be Spanish because today’s Europe is about the people rather than the states.
Fitch Ratings in March joined two other major ratings agencies in giving Uruguay its coveted investment grade, a move that lowers the nation’s borrowing costs and opens up opportunities for new investors.
Economics and finance experts said Latin American must address structural reforms as part of the essential process to consolidate as an economic power and look after the Asian market.
Global growth is set for a sharp slowdown next year and the Euro zone debt crisis “remains the greatest threat to the world economy at present,” the OECD warned on Tuesday. In its latest Economic Outlook the OECD also cautioned that “the risk of a new major contraction cannot be ruled out” after a global slump in 2009.
Argentines and Brazilians pay the most tax in Latin America while Venezuelans pay the least, according to a report from the Organisation for Economic Co-operation and Development (OECD), released on Tuesday.
China is projected to overtake the US to become the world's largest economy as early as 2016, according to a report by the Organization for Economic Co-operation and Development (OECD) released on Friday.
Europe's debt crisis is pushing the 17-country Euro-zone toward recession and dragging down the global economy, the Organization for Economic Cooperation and Development said in a report.
Chile's Congress approved on Tuesday major changes in tax laws aimed to provide funds for an overhaul of the nation's protest-hit schools, handing unpopular President Sebastian Piñera a welcome victory a month from municipal elections.
Chilean President Sebastian Piñera said that his government would not tolerate police brutality. The remarks came after the police was accused of mistreating student protesters who were demanding educational reforms.
Thousands of young Chileans marched peacefully on Thursday in different cities demanding education reform and equal conditions and rights for all young Chileans, amid a heightened police presence.