The US housing market regulator has agreed to extend a refinancing scheme for borrowers whose loans are worth more than their homes.
A new study released by the Inter-American Development Bank (IDB) argues that countries in Latin America and the Caribbean (LAC) should turn their attention to Korea, a fast-growing economy that offers numerous opportunities for bilateral trade and investment.
China's Premier Wen Jiabao said the country must control food and property inflation to ensure social stability. The remarks came after the premier visited fresh food markets in south western China over the weekend.
Leaving names aside, Sunday’s election consolidates in Argentina the hegemonic Peronist movement as the prevailing political force to the extent that it not only amply occupies officialdom but also part of the opposition, argues Rosendo Fraga a renowned Argentine political analyst and historian.
The extraordinary showing of President Cristina Fernandez established a new set of records in Argentine electoral history. The difference over her runner up Hermes Binner was just below that of Juan Domingo Peron (Argentina’s icon political leader of the XXth century) when he returned triumphantly after 17 years in exile in Spain to the presidency.
The Sunday landslide victory of President Cristina Fernandez means the coalition she leads has regained control of both houses of Congress (lost in the 2009 debacle) and with a sufficient majority to work with its own quorum.