Cuban purchases from United States companies will total some 580 million US dollars by the end of 2009, down 37% from last year, the head of the state corporation Alimport said this week.
Spain's registered jobless rose for the third consecutive month in October reaching 19.3%, as stimulus spending began to run out and the boost from the busy summer period faded.
Australia has raised its main interest rate for the second month in a row, to 3.5% from 3.25%. The move by its central bank was not unexpected as the Australian economy was the only one in the developed world to expand in the first half of 2009.
Iraq's oil ministry has signed an initial agreement with a consortium led by the Italian firm, ENI, to develop the Zubair oilfield in southern Iraq. The deal which needs cabinet approval calls for the group to extract 200,000 barrels of oil a day, rising to 1.1 million a day within seven years.
Chile’s largest Eco-Tourism firms, Nomads, plans to develop new tour routes after acquiring 22.000 hectares of un-spoiled land in southern Chile. The company hopes to create a conservation zone to protect various protected species living in the area.
Thousands of members from Argentine picket organizations camped Monday night in the world’s widest avenue, 9 de Julio in the heart of Buenos Aires demanding the incorporation of other groupings to the government’s unemployment subsidy plans and family allowances.
French Defence minister Hervé Morin said that Argentina could increase its international influence following on the steps of Brazil, which is currently modernizing its military hardware and planning on the long term.
Argentina's last dictator and five military leaders who helped rule the country more than 25 years ago went on trial Monday on human rights charges
A league table of the world’s most secretive tax havens has been compiled by campaigners seeking greater transparency about the operation of ‘offshore’ finance centres. The Financial Secrecy Index (FSI) analyses the level of secrecy each haven offers, and the extent of their reluctance to co-operate with other countries tax authorities.
Buenos Aires City is looking forward to what it considers a “very good cruise season” with the number of visitors increasing 11% and the number of calls 15%, according to Hernán Lombardi Minister of Culture and Tourism of the Argentine capital.