Emerging economies such as India and China bear special responsibility to lower trade and investment barriers to help global expansion, said on Friday a senior U.S. Treasury Department official.
Venezuelan President Hugo Chavez announced Friday plans to reduce the value-added tax and reform the currency, in an effort to curb inflation and product scarcity.
Latin America's current drift to the political left suggests voters are uncertain, and in some cases dissatisfied, with their economies, said on Friday the head of the International Monetary Fund Rodrigo de Rato addressing a business conference in New York.
Despite ongoing violence that has shaken Rio de Janeiro for months, the Brazilian city on Wednesday said it expects 700,000 tourists for its world-famous Carnival celebrations this year.