Federal Reserve Chairman Ben S. Bernanke forecasted Thursday the United States economy will show a significant recovery this quarter and called on China to make its currency more flexible.
One out of four Latinamericans lives with less than two US dollars per day according to a World Bank paper on poverty in the region. A total of 135 million people are catalogued as poor with Nicaragua, Jamaica and Bolivia having the highest percentage of population in that category, over 40%.
The Argentine economy expanded at a nerve breaking 9.1% in 2005, completing three years of explosive growth based on agriculture, the automobile industry and construction, reported Thursday the Central Bank.
Argentine livestock health authorities stated that the outbreak of foot and mouth disease in the northeastern province of Corrientes, reported at the beginning of the month was totally under control.
Two people have drowned off Chile's beaches since Sunday due to massive waves that have been pelting the coast all weekend. Ports have been closed and many locals are living in fear of tidal waves.
The leading presidential candidate in Haiti's presidential election Rene Preval, claimed Tuesday there was ''probably a gigantic fraud'' that would deny him a first-round victory and urged supporters to protest nonviolently adding he would contest the results.
Brazilian president Luiz Inacio Lula da Silva is again leading public opinion polls and is the favourite candidate for next October's presidential election ahead of Sao Paulo city mayor Jose Serra who held the privileged ranking for the last six months.
The irritating dispute between Uruguay and Argentina was also addressed by The New York Times.
By authorizing the construction of pulp mills and supporting industries, Uruguay violated the 1975 bilateral treaty with Argentina which was specifically geared to ensure the water quality from the river Uruguay both countries share and acts as a natural frontier.
A Korean-flagged fishing vessel was apprehended by officials aboard the corvette ARA Drummond of the Argentine Navy Maritime Patrolling Division, while breaking fishing laws in the Argentine exclusive economic zone (EEZ).