Venezuelan July inflation, as measured by the national index INPC, came in on the high side of expectations at 2.7%, up from June.
Cuban revenue from tourism jumped 13% percent in the first half of the year compared with the same period in 2010, the National Statistics Office, or ONE, reported on its Web site.
UK Prime Minister David Cameron on Wednesday authorized police to use water cannons after four nights of rioting, looting and arson - saying a “fight back” is under way to restore law and order to Britain's streets.
“Visit Britain”, the UK's tourism authority, has pulled a video promoting Britain with the tag line You're Invited from adverts running alongside BBC iPlayer programs overseas, reports The Guardian.
The United Nations Economic Committee for Latin America and the Caribbean, ECLAC warned on Tuesday that markets’ volatility will “persist” particularly because of the default-threat from several European countries.
Latin American stocks bounced back on Tuesday after suffering their worst day since October 2008, but fears of a US recession and a deeper European debt crisis promise to keep markets edgy.
Asian markets rebounded after the US Federal Reserve said it will keep interest rates on hold and Wall Street had its best day in two years. The decision by the US central bank to keep rates at current levels until at least 2013 helped stem one of the biggest sell-offs in recent years.
China’s trade surplus surged to 31.5 billion dollars in July, the highest level in more than two years, as exports rose to a record. Exports climbed 20.4% from a year earlier while imports surged 22.9%, the Customs bureau said on its website Wednesday.
The tsunami caused by the 11 March Tohoku earthquake in Japan crossed the Pacific and broke off large chunks of ice from Antarctica, a study has shown.
On the Day of the World’s Indigenous Peoples, Secretary General Ban Ki-moon said the United Nations reaffirms the rights of indigenous peoples and the shared commitment to advance the values of equity, justice and dignity for all.