United States consumer prices (CPI) increased more sharply than expected in March, 0,6%, with higher oil and gas prices adding to growing concerns about underlining inflation.
China's economy expanded faster than expected in March 9,5%, increasing pressure on Beijing to continue with efforts to restrain fixed asset investment and possibly hike interest rates.
The new Uruguayan government inherits an improved economy with diminished vulnerability although still pending is an agenda of reforms exceptionally long to ensure a sustained rapid growth and financial stability, reports the latest International Monetary Fund review.
Lawmakers in Ecuador voted Wednesday to remove embattled President Lucio Gutierrez from office after a week of escalating street protests demanding his ouster, and they swore in Vice President Alfredo Palacio to replace him.
Mexico's Foreign Affairs Minister Luis Ernesto Derbez announced Monday from Honduras he has 21 votes which are sufficient for his election as the next Organization of American States Secretary General.
Oil Petroleum Exporting Countries, OPEC, will possibly postpone the formal increase of production quotas until June' meeting but will expand supply in May anticipated the cartel's president.
Cardinal Joseph Ratzinger of Germany, the Roman Catholic Church's doctrinal hard-liner, was elected pope Tuesday in the first conclave of the new millennium. He chose the name Benedict XVI and called himself a simple, humble worker.
Petrobras, the Brazilian government owned oil company will be investing 1,5 billion US dollars searching for hydrocarbons offshore Mar del Plata in Argentina.
The British currency continued to surge Tuesday following an unexpected rise in March inflation anticipating the possibility of further interest rates hike by the Bank of England.
Fines and prosecution costs totalling over £ 300,000 were imposed Tuesday to a long-liner caught poaching in South Georgia by the Falkland Islands court. South Georgia is rich in the valuable Patagonian toothfish.