International credit rating agency Standard and Poor's downgraded on Wednesday Spain's credit rating from “AA+” to “AA” with a negative outlook. The move comes a day after S&P gave Greek bonds a junk rating and lowered Portugal's credit rating from “A+” to “A-”.
Brazil’s health minister has an interesting solution for the nation’s high blood pressure problem: more sex.
The University of Chile reported Monday a Santiago unemployment rate of 10.8%. While this is higher than what it was before the international recession (when it stood at around 8%), it is two percentage points less than what it was in March of 2009.
Brazil's High Court of Justice ruled Wednesday that the Brazilian patent for the drug Viagra is due to expire June 20.
Argentine President Cristina Fernández de Kirchner and her Uruguayan counterpart José “Pepe” Mujica said on Wednesday they will be working to “re-channel” bilateral relations and will strictly abide the ruling of the Botnia paper mill case.
The US Federal Reserve decided on Wednesday to leave interest rates unchanged saying the current recovery will not result in rampant inflation and anticipated exceptionally low level rates for an extended period.