Stock markets across Latinamerica suffered a beating on Wednesday amid growing anxiety about turmoil in the US financial sector expanding globally and ever-tightening credit conditions.
The Falkland Islands Government (FIG) celebrates this month its twenty first consecutive year of attendance at the Labour and Conservative Party Conferences. It is one of the longest standing exhibitors at the Conferences.
Brazilian President Lula da Silva said on Thursday he has watched with sadness the collapse of Wall Street firms that made economic policy recommendations in emerging markets as if they were the super intelligent and we were the poor souls, according to Spanish news agency EFE.
Uruguayan president Tabare Vazquez launched this week before the international business community the presidential candidacy of his outgoing Economy minister during the opening of a trade and investment forum sponsored among others by The Economist Intelligence Unit.
The Economist Intelligence Unit praised in Montevideo the achievements of the Uruguayan economy as really impressive but also cautioned that good times don't last for ever.
The Paris Club has welcomed Argentina's pledge to repay its full debt of 6.7 billion US dollars to the group of creditor nations. Discussions on how the repayment will be made are still ongoing, the group said.