Argentina’s President Cristina Fernández de Kirchner and Venezuela’s leader Hugo Chávez said “the new world requires a new logic to accept a new order of relationships” during a meeting held at the presidential palace of Miraflores in Caracas.
Brazil’s leading presidential candidate Jose Serra described Mercosur as a “farce” and a “barrier” for Brazil to sign trade agreements with other countries.
Goldman Sachs Group Inc said first-quarter earnings nearly doubled, while in London Britain's financial regulator launched a formal probe related to civil fraud allegations against the Wall Street bank.
A stronger Chinese currency is “critical” for the good of the global economy, Brazil's central bank chief Henrique Meirelles said on Tuesday, joining a chorus of critics of China's foreign exchange policy.
Brazil and United States topped the list of nations demanding private information about Google users, according to a tool the web giant unveiled Tuesday.