Bank of Brasil, Latin America’s biggest bank by assets plans the acquisition of banks in Chile and the United States and is holding negotiations to further expand in Peru, Colombia and Uruguay, said Aldemir Bendine the bank’s CEO.
A Russian gas tanker is making history as the famed Arctic Northeast Passage receding ice opens up an elusive trade route from Asia to the West sought for centuries by explorers.
Bolivia confiscated 115.000 hectares of allegedly fallow or ill-gotten land as part of President Evo Morales' drive to redistribute land to the poor, reported the National Agrarian Reform Institute (INRA).
South Korea and Bolivia agreed to deepen discussions for a possible joint venture on developing lithium deposits in the South American nation.
With high Andean peaks and a humid tropical forest, Bolivia is a country of ecological extremes. But during the Southern Hemisphere's recent winter, unusually low temperatures in part of the country's tropical region hit freshwater species hard, killing an estimated 6 million fish and thousands of alligators, turtles and river dolphins.
The UK economy grew by more than initially thought in the second quarter of 2010, boosted by a strong performance by the construction sector. The economy grew by 1.2% in the quarter, the Office for National Statistics (ONS) said, revising up its initial estimate of 1.1% growth.
Federal Reserve Chairman Ben Bernanke said the economic recovery has softened more than expected and the Fed is ready to take further steps if needed to spur the stumbling economy.