With its deep pockets and buoyant growth, China has been touted as a white knight for the world economy. But fears are growing that the country may face its own debt crisis as its economy shows signs of a slowdown.
The Bank of England will inject 75 billion pounds to shield Britain's economy from the Euro zone debt crisis and keep a faltering recovery going, opting for an early, dramatic move to maximise the impact.
President Hugo Chavez said his government would seize private homes on the idyllic Los Roques archipelago in the Caribbean and use them for state-run tourism in the latest move to implant socialism across Venezuela.
Brazilian President Dilma Rousseff pledged to raise investment in Bulgaria, her ancestral homeland, in renewable energy, aviation and the oil industry.
Latin American countries will be meeting in Uruguay in two weeks time to define a common stance on the international crisis for the coming G20 summit that will be taking place early November in France.
According to a new special report issued by Fitch Ratings released Wednesday, a potential 'double-dip' in the US or a hard-landing in China would have negative economic implications for Latin American countries.
The Chilean government ordered the immediate expulsion of international fugitive and human rights violator Alejandro Duret on Tuesday. The order was given just hours after his arrest was confirmed in Talca, located in central Chile’s Maule Region.
Thousands turned out in Caracas to pay their last respects to former Venezuelan President Carlos Andrés Pérez, who died in exile and will be buried on Thursday after months of litigation among family members on whether he should be brought back to his country.
The Falkland Islands Government Chief Executive Dr Tim Thorogood has tendered his resignation to the Governor, reported on Wednesday Government House.
Steve Jobs, who transformed the worlds of personal computing, music and mobile phones, died on Wednesday at the age of 56 after a year-long battle with pancreatic cancer.