European farmers’ organizations claimed on Thursday that current trade talks between the EU and Mercosur could lead to a “total collapse” of the EU beef sector.
The IMF relation with Argentina is like romance with its ups and downs, said IMF Managing Director Dominique Strauss-Khan who added he trusted that the IMF technical mission that will be visiting Argentina to help elaborate a new retail prices index would achieve “significant advances”.
The director of the London School of Economics has resigned over its links to Libyan leader Col Muammar Gaddafi. Sir Howard Davies said he recognised the university's reputation had suffered and he had to quit.
Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of revulsion against a corruption fed by the misuse of oil money, he added.
A Brazilian court on Thursday lifted an order that suspended construction of the massive but controversial Belo Monte hydroelectric plant in the Amazon rain forest, a project expected to face barrage of lawsuits by environmental critics.
Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.
China will reduce import tariffs on a range of products and further cut red tape involved in import application procedures, to “maintain balanced trade” according to statements from a senior official to a local newspaper.
Brazil announced Thursday it has become the world’s seventh economy after having expanded 7.5% in 2010, the strongest in 24 years. Brazil’s GDP now stands at 2.1 trillion US dollars with a per capita income of 11.185 USD.
Argentine dock workers blocked two major grain export terminals for a second day on Thursday to press pay demands, but most soy-crushing plants and ports operated normally, the labour cooperative said.
Latin America is enjoying growth and stable democracy with the notable exceptions of the leftist governments of Cuba, Nicaragua and Venezuela, Secretary of State Hillary Clinton said Wednesday.