IMF chief Christine Lagarde who this week will be visiting Latinamerica said that Brazil, Mexico and Peru, like to many other countries in the region have done remarkably well over the past few years and can provide some lessons to the advanced countries.
IMF chief specifically excluded Argentina from its coming Latinamerican tour because the government of President Cristina Fernandez still has to comply with what was agreed last July, basically normalizing the controversial INDEC stats office and open its books to auditing as happens with all other members of the G20.
Brazil's government managed oil and gas company Petrobras said on Friday its average October domestic crude output remained stable versus September at 2.00 million barrels per day.
Colombia's FARC rebels have executed four hostages but a fifth hostage was found alive after escaping his captors, the defense minister said Saturday. The hostages had been held at a FARC encampment in the remote Solano region of southern Colombia.
A deadly attack on an indigenous community in southern Brazil highlights the authorities’ failure to protect indigenous peoples amid ongoing land conflicts, Amnesty International said in an official release last Friday.
Brazil’s Labour minister Carlos Luppi is again under a barrage of accusations from the Sao Paulo press which could definitively make him the sixth toppled cabinet member in less than a year from the government of President Dilma Rousseff on charges of corruption.
The Brazilian media is full of speculation that the current president of the country’s Football Federation, (CBF) Ricardo Teixeira has started to play his cards with the ultimate goal of becoming FIFA chief in 2015,
The forthcoming Durban (Climate change) conference comes at a major crossroads in international relations, with continuing economic malaise in the West being counterpoised with the increasingly rapid shift of power to emerging economies. Mirroring this structural change is a fundamental shift in the centre of gravity of the global climate change debate that few have yet to recognize.
Unasur (Union of South American Nations) Economy and Finance ministers plus Central bank governors agreed to promote inter-regional trade as a way to cope with the incoming international crisis and anticipated that the South (development) Bank would formally be in operations in three weeks time.
Peruvian police fired tear gas on Friday to break up a protest at Newmont Mining Corp's proposed 4.8 billion dollars Conga gold mine as the government tried to mediate a bitter environmental dispute over the project. Several protesters were injured.