China posted a smaller-than-expected trade surplus in May of 13.1 billion US dollars because of soaring imports and weaker global demand growth. Sales to the US and the European Union slumped to their weakest since late 2009, excluding Lunar New Year holidays, underlining the view that the world economy is stumbling.
By Antonio Tajani - The challenges and opportunities in Latin America are dear to my heart. This is the first time in many years that a European Commissioner for industry heads to the region. And it is not by chance that I strongly wished to go, as this was a priority set in my new mandate.
As the volcanic ash cloud begun dissipating airlines operating from the airports of Buenos Aires, Montevideo, and the south of Brazil resumed some flights Friday afternoon but it will take several days to be back to normal as companies reprogram backlogs.