Argentina’s powerful organized labour leader Hugo Moyano has sent another strong message thanking workers for “being loyal to him” at the same time his teamsters were granted a 24% rise in wages.
Brazil’s Real retreated from the highest level since August 2008 after the central bank intervened five times Thursday to slow the currency’s advance. The Real fell 0.2% to 1.6318 per dollar, from 1.6288 Wednesday.
Gibraltar expects to receive approximately 350.000 cruise visitors during the current 2011 season, announced Deputy Chief Minister Joe Holliday during the reception for the inaugural call to the Rock of MSC Poesia.
Facing a massive protest movement demanding reform, Syria's president has set up committees to look into the deaths of civilians during nearly two weeks of unrest and replacing decades-old emergency laws.
G20 leaders have moved towards agreeing that China's currency should have a wider role in global finance. The G20 is to study whether to include the Chinese Yuan within the basket of currencies that make up the IMF Special Drawing Right.