King Momo” opened the Rio de Janeiro Carnival on Friday at a festive ceremony where he was presented with the keys to the city, which for five days will dance to the beat of the samba to celebrate Brazil’s most iconic festival.
The cost of producing energy keeps going up in Chile, as the drought in the north drags on and the international price of petroleum increases.
Automobile production in Brazil rose 18.7% in February from January, setting a record for the month, as exports surged on the back of increased global demand for automobiles, industry data showed on Friday.
Argentine dock workers reached a wage deal on Friday and called off a three-day-old protest that paralyzed two major soy export terminals and stopped 20 grains ships from loading, a union leader said.
Punta Arenas in the extreme south of Chile is experiencing a significant drop in the number of cruise visitors this season according to the Austral Port Authority, EPA.
China must ensure social stability by reducing inflation and corruption, Premier Wen Jiabao has told the parliament's annual session. Mr Wen has been addressing about 3,000 delegates to open the National People's Congress in the Great Hall of the People in Beijing.
The U.S. economy added 192,000 jobs in February while the unemployment rate fell to 8.9%, the lowest in nearly two years, the Labour Department said Friday. Last month’s jobs gain was the best since May.
About 70,000 people, or 20% of the population, have fled Christchurch, New Zealand's second-largest city, since last week's devastating earthquake, Mayor Bob Parker said Friday.
Argentina's construction activity grew at a slower pace in January, with many builders away on summer vacation, according to the national statistics agency, Indec.
Global construction will outpace GDP growth over the next 10 years, with China and India accounting for 38% of the 4.8 trillion US dollars increase in output by 2020, PricewaterhouseCoopers (PwC) said this week.