Brazil’s Rio do Janeiro and Argentina’s Buenos Aires open and close the Forbes list of the world’s ten happiest cities according to a recent survey conducted by policy advisor Simon Anholt and market researcher GfK Custom Research North America.
Uruguay’s retail inflation jumped an unexpected 1.23% in August, the highest in the last 14 months, totalling 5.11% in eight months and 7.28% in the last twelve months. If the tendency is confirmed during the last four months of 2009, the consumer prices index would be above the Central Bank’s upper target of 7%.
Brazil’s Rio de Janeiro city will build the largest marine aquarium in Latinamerica, municipal authorities announced on Wednesday. To be named AquaRio, the aquarium is part of a plan to revitalize the city.
Arctic temperatures are now higher than at any time in the last 2,000 years, research reveals. Changes to the Earth's orbit drove centuries of cooling, but temperatures rose fast in the last 100 years as human greenhouse gas emissions rose, writes BBC environment correspondent Richard Black.
The parliamentary aide to United Kingdom Defence Secretary Bob Ainsworth has resigned over Afghanistan. In a letter to PM Gordon Brown, Eric Joyce called on the Prime Minister to make it clear to the British people that the Afghanistan campaign was time limited.
A small group of light-mantled sooty albatrosses has set a new breeding record. The birds have created a colony on King George Island, one of the South Shetland Islands located in Antarctica.
The Brazilian Senate released a statement criticizing Venezuelan president Hugo Chavez for the measures implemented by his government against private media. The decision by the Senate’s Foreign Affairs Committee could further delay Venezuela’s incorporation to Mercosur.
If Argentina compiles with its homework and has good relations with international financial organizations, “credit is granted overnight” said Olivier Blanchard, the International Monetary Fund Economic Counselor and Director of the IMF Research Department during his visit to Buenos Aires for a two day conference on monetary policies.
The risk-rating agency Moody’s Economy anticipates that whoever wins in Uruguay’s October presidential election, the only certainty is that “there will be changes in economic policy” and in regional inter-action, including a review of Mercosur relations.
Brazil's Central Bank decided on Wednesday to keep its benchmark lending rate unchanged at a record low 8.75%. The monetary policy committee, Copom, voted unanimously to leave the so-called Selic rate steady, in line with analysts' expectations.