United States consumer prices fell in March and recorded their first annual drop in more than half a century, according to official figures from the Labour Department. The consumer price index fell 0.1% last month after energy prices declined. In February prices had risen 0.4%.
The World Bank expects to loan some 14 billion US dollars to Latinamerica this fiscal year, or almost three times what it lent in 2008, the bank's Vice-President for Latinamerica and the Caribbean, Pamela Cox told a conference call with reporters.