United States Federal Reserve Open Market Committee decided Wednesday to raise its target for the federal funds rate by 25 basis points to 5%, its highest level in more than five years and in line with market expectations.
United Nations High Commissioner for Human Rights Louise Arbour called Wednesday on the members of the new Human Rights Council, who were elected in a landmark vote Tuesday to work in the global interest and to act quickly ahead of the first meeting, set to start in Geneva next month.
Peruvian ultra nationalist presidential candidate Ollanta Humala claims United States is involved in the upcoming runoff election June 4 openly helping his opponent former president Alan Garcia.
Lack of sufficient rainfall and lesser regional solidarity is forcing Uruguay to save electricity and elaborate an emergency alternative that could include blackouts, according to the latest report from the country's government owned energy company UTE.
A deeply divided Latinamerica and in the midst of several growing conflicts meets, beginning Thursday in Vienna, Austria, with the European Union 25 leaders in the framework of the two regions fourth summit.
Stacey Bragger of the Falkland Islands Radio Station (FIRS) today spoke to the Falkland Islands Fisheries Department's Chief Scientist, Dr. Alexander Arkhipkin and to its Director, John Barton about the progress of the present Ilex season in the Falklands Conservation Area, which appears to have been strikingly better than those of the two previous years.
Latin American government leaders are heading for Austria this week for a summit with EU leaders featuring an agenda dedicated primarily to economic matters, with better access to the rich European market high on the list of the visitors' priorities.
Nobel Peace Prize winner Oscar Arias returned to the Costa Rican presidency on Monday, hoping to use his skills as a mediator to unite a country sharply divided over free trade with the United States.
The new levy, which President Hugo Chavez' s cabinet passed on Monday, will be imposed to all oil businesses operating in Venezuela. Revenues of USD 1.34 billion a year are expected.
Santiago's environmental situation is untenable, said Juan Luis Castro, the president of Chile's medical association, and implored President Michelle Bachelet to seriously address the issue during her term in office.