The Yuan needs to adapt to the vigor and strength of the Chinese economy, reflecting the spectacular growth of the country, said United States Treasury Secretary Henry Paulson in the latest edition of Veja, Brazil's leading magazine.
Half a million foreign tourists arrive every year to Ushuaia in the extreme south of Argentina attracted by its wild life, numerous marine species and Antarctica which has become the natural magnet and challenge for visitors looking for exotic destinations.
A passenger jet crashed and burst into flames after skidding off a runway at Brazil's busiest airport Tuesday and barreling across a highway, officials said. All 176 people on board were feared dead in what would be Brazil's deadliest air disaster, and at least 15 people were killed on the ground.
A charismatic leader dubbed the Bishop of the Poor is an early favourite to make history as the first man to serve as a Roman Catholic bishop then be elected president of his country. Even when presidential elections next April are still far Fernando Lugo has the support from 40% of voters and is ten points ahead of his runner up.
An estimated 130.000 Brazilians have financial assets valued at over a million US dollars which totals 573 billion US dollars, well above half the country's GDP, according to a report published Sunday in Folha de Sao Paulo.
Taking advantage of the abundance of squid, in spite of poor international prices, Argentina has decided to implement stricter controls on companies involved in the squid fisheries.
Argentina's Industry Secretary Miguel Peirano was the man finally chosen by President Nestor Kirchner to head the Economy Minister for the few months left of his administration that officially ends next December 10.
Peirano, 40, is scheduled to take office Tuesday at 19:00 hours.
Cuban president Fidel Castro said the United States government has all the needed capacity to prevent any attack on its territory, unless for political reasons, it's interested that it should happen.
Portuguese health authorities confirmed this week the first fatal case of Creutzfeld-Jacob disease the human variant of Bovine Spongiform Encephalitis, BSE, or better know as mad cow.
Democracy is very much in force in Venezuela, and it's not convenient to try and isolate internationally the administration of President Hugo Chavez said Jose Miguel Insulza Organization of American States Secretary General in a Sunday interview with the Argentine daily Clarin.