Argentina will press ahead with plans to develop a small-scale nuclear reactor over the next three years, even when last month‘s disaster in Japan prompted countries such as Germany and Brazil to reconsider projects.
Weak jobs data, sliding retail sales and rising inflation confirm Spain’s economic recovery is faltering. The official figures released Friday showed 21.3% of the workforce without a job, up from 20.3% at the end of last year.
The US economy is not fully recovered from its deep recession, with housing still weighing on growth, Federal Reserve Chairman Ben Bernanke said on Friday in a speech spelling out ways the US central bank has studied lower income communities.
AT least thirty bridal gowns will be paraded before guests at the Falkland Islands’ Friday community party to celebrate the Westminster wedding of Prince William and Kate Middleton, reports the Penguin News.
Hundreds of millions of people around the world are expected to watch the royal wedding of Britain's Prince William and Kate Middleton on television. More than 8,000 journalists have descended on London to jockey for positions outside London's Westminster Abbey for Friday's ceremony.
“IN the face of bombast you can show reason and humanity” was the message a Foreign and Commonwealth Office (FCO) official carried to the Falklands this week.
US economic growth slowed in the first three months of 2011 to an annualised rate of 1.8%, corresponding to a 0.4% quarterly increase. This compares with a revised annual growth rate of 3.1% in the previous quarter, official figures show.
Brazil giant mining corporation Vale SA, in which the government has a dominating stake position, agreed to buy a stake in a controversial hydro-power project in the Amazon and invest about 2.3 billion Real (1.5 billion USD).
The strength of the Brazilian Real against the US dollar is very worrying for the country's exporters, with many companies struggling with higher production costs and a reduced ability to compete in global markets, Bunge Brasil CEO Pedro Parente said Thursday.
The Brazilian central bank said it will raise interest rates at a slower pace for a longer period than initially planned as the country’s inflation outlook worsens, according to the minutes of its April 19-20 meeting.