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.
Headlines: A right old knees-up; Port facilities back on the agenda: consultants enlisted; Census figures stalled; New environmental boss; Four cruisers visit this week; Scholars learn of Island life.
French president Jacques Chirac considers the discovery of America as not a great moment of history, and thus not susceptible to be celebrated, and he is inclined to attribute the discovery of the new world to Vikings and not to Christopher Columbus.
Venezuela will reinforce security measures after a branch of al Qaeda called for attacks on suppliers of oil to the United States, the defence minister said on yesterday.
Mexico's economy, Latinamerica's largest expanded 4.8% in 2006 compared to 2005 and the highest in six years reported the Finance Secretary in an official release.
Chile announced early this week that it would file a new lawsuit against Argentina before the World Trade Organization (WTO) for the country's use of agricultural subsidies. The pending lawsuit would further strain relations between the two southern cone neighbors, as Argentina has already has filed two lawsuits against Chile before the WTO
Four crew members killed and 25 intoxicated including rescue workers was the final toll of an ammoniac escape/explosion on board a Korean jigger moored at the port of Montevideo.