World population will reach seven billion in seven years time pushed by the demographic growth in developing countries according to a private report.
Venezuelan president Hugo Chavez forecasted that the international oil price will stabilize in the range of 65 US dollars per barrel during the next two years but warned that market volatility could see it soar to 90 US dollars.
The World Bank's decision to cut fees and boost limits for its biggest borrowers should help the lender cement a role in fast-growing nations such as China and Brazil said development analysts.
A Peruvian passenger plane crashed during a severe storm in Peru's northeastern jungle on Tuesday, killing at least 40 people, police said.
Conservative US evangelist Pat Robertson called for the assassination of Venezuelan President Hugo Chávez, saying the leftist leader wanted to turn his country into ”the launching pad for communist infiltration and Muslim extremism.
Argentina's farm exports to other South American nations rose 20 percent to 6.4 million tons in the first half of the year, compared with the same period in 2004, the government said yesterday.
Government proactive policies are a central element of industrial development policies and markets by themselves are not enough to promote economic growth, said Joseph Stiglitz, 2001 Economy Nobel Prize during a conference in Buenos Aires.
Organized by Panama based Banco Latinoamericano de Exportaciones, BLADEX, Argentina hosted the Buenos Aires Consensus, a new agenda for Latinamerica conference.
Brazil's government owned oil company Petrobras announced plans to invest 56,4 billion US dollars in the next five years, most of it in Argentina, Venezuela and in the US areas of the Gulf of Mexico.
Seven people killed and extensive damage in urban areas was the result of hurricane strong winds and rain storms that struck Uruguay in the last 24 hours, reported officials in Montevideo.