Pope Benedict XVI coming visit to Brazil from May 9 to 13 is expected to attract millions of faithful and tourists which will spend in the order of 22 million Euros in Sao Paulo according to estimates from the city's Tourist Office.
Brazilian president Lula da Silva would like to see his ruling coalition remain in office even if this means supporting a conservative presidential candidate in 2010, according to an official spokesperson from the Planalto Palace.
The European Union does not plan to join United States complaint to the WTO about intellectual property rights and piracy in China despite agreeing with its substance, a senior European official said on Thursday.
The European Central Bank decision on Thursday to leave key interest rates at 3.75% came as no surprise to money markets. However the ECB said it would monitor the risks to price stability very closely, avoiding the stronger word vigilance.
Argentine president Nestor Kirchner on Thursday again criticized the International Monetary Fund, IMF, and ironically said that the IMF no longer can indicate what we should do, we well know what happened when we did so.
After some modifications were applied, the House of Representatives approved on Wednesday, 11 April, a draft law consisting of tougher sanctions on fishing companies that have interests in Argentine waters and operate in the Falkland waters.
Headlines:
'Bash' helps bring veterans back; Pension trustees angered by subsidy loss; Gainer withdraws from tourism job; 190 expected at Forum; Blaze aboard Irizar; Summer time ends this weekend.
Brazil and United States manufacturing industries agreed on Friday in Sao Paulo to join efforts in achieving a reduction of trade barriers, which so far have frustrated a long expected global free trade agreement.
The International Monetary Fund, IMF said Latin America's private credit expansion requires careful vigilance, particularly with household loans and collateral conditions.