Chile, Argentina and Uruguay have the highest standards of living in Latin America according the latest report from the United Nations Human Development Index (HDI).
Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.
Bribing public officials when doing business abroad is a regular occurrence, according to a survey of 3,000 business executives from developed and developing countries.
China has said it cannot commit to investing in the European Financial Stability Fund (EFSF) until the situation with Greece has been clarified. European leaders hoped that China would buy EFSF bonds, injecting capital in the region's financial markets.
Desire Petroleum plc (AIM:DES), the exploration company focusing on the North Falkland Basin, announces that the rig contract with Diamond Offshore Drilling (UK) Ltd for use of the drilling unit the Ocean Guardian for operations in the North Falkland Basin has been amended.
Fitch Ratings agency warned Wednesday that Argentina’s new dollar controls and measures aimed at curbing capital flight could narrow Cristina Fernández political options range.Likewise, the agency stated in the communiqué that the “continuity of such unorthodox policies represent nothing but risk.”
“HMS Clyde” celebrated her four years patrolling the Falkland Islands and a special guest Second Sea Lord Vice Admiral Charles Montgomery was on hand as part of a visit to Royal Navy personnel in the South Atlantic Islands.
US President Barack Obama has regained the top spot in Forbes magazine's list of the world's most powerful people, edging out Russian Prime Minister Vladimir Putin and last year's winner, Chinese President Hu Jintao, who slipped down to third.
Greece will receive no more European bailout aid until it has put an end to uncertainty and agreed to meet its commitments to the Euro zone, the leaders of France and Germany said on Wednesday.
Former Brazilian President Lula da Silva, one of the most popular figures in Brazil vowed in a video posted on YouTube to beat his recently diagnosed throat cancer.