World shares fell on Wednesday after a surprise move by Germany to ban some types of short-selling of financial products. Bans on short selling have been introduced in recent times of financial instability by both the UK and US.
Brazil’s head of the Lower House, Michel Temer will complete the incumbent presidential ticket with Dilma Rousseff for next October’s presidential election when the eight year two-mandates of Lula da Silva will be ending.
Petrobras, Brazil’s government managed oil and gas corporation rates as the Latinamerican corporation with the largest volume of sales, according to consultants Economática. The top ranked include six Brazilian companies, three Mexican and one from Colombia.
A British company which recently announced it had struck oil in Falkland Islands waters expects to provide initial estimates of the potential size of the discovery in the coming two weeks.
United States President Barack Obama was voted as the most amiable national leader according to the 2010 Barómetro Iberoamericano de Gobernabilidad, an organization that conducts studies of governmental and economic institutions in Latin America, Spain, and Portugal.
The United States government is currently looking at the possibility of extending the “Visa Waiver” program to include citizens of Chile, Argentina and Brazil, Rodger Dow, President of the U.S. travel association, announced recently.
New Delhi is encouraging Indians to buy farmland in Latin American countries and grow crops to help reinforce food security, reports the Hindustan Times. The Indian Foreign Office is working on a policy framework to promote such an initiative with the purpose of shipping the produce back, thus addressing difficult years of drought.