Brazil’s two biggest cities are getting more and more costly and are more expensive places to live in than New York, according to the annual cost of living study released Tuesday by business consulting firm Mercer.
US President Barack Obama raised the stakes in the third straight day of budget talks Tuesday, warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by Aug. 2.
The United Nations marked on Monday July 11, World Population Day, with Secretary-General Ban Ki-moon stressing that ending global poverty and inequality was the key to unleashing the great human potential for prosperity and peaceful coexistence.
Between 2003 and 2009, nearly 950,000 people per year emigrated from the Americas to countries of the OECD and of this total, nearly half went to the United States, and a fourth to Spain, according to the First Report on International Migration in the Americas.
China has secured its first top-level post at the International Monetary Fund (IMF) in recognition of its growing power in the global economy. New IMF Managing Director Christine Lagarde appointed Zhu Min to a newly created deputy managing director post.
Brazil's ambitious high-speed train project was postponed once again due to a lack of bidders but Brazilian officials anticipated they would hold two separate bids for the project to link Rio de Janeiro and Sao Paulo on time for the 2016 Olympic Games.
The sale of power from landlocked Paraguay to Uruguay continues to be delayed because Argentina has come up with more demands before it allows transmission through its grid, according to Paraguayan officials.
Type-42 destroyer HMS York returned to cheering crowds of families and well-wishers at Portsmouth Naval Base last week following a varied and wide-ranging deployment to the Falklands in the South Atlantic and Libya.
Buenos Aires City Mayor, conservative Mauricio Macri said on Monday he was “really surprised” with the large margin victory obtained in the first round of his bid for re-election and considered the result “a good example of the voters’ independency, and how citizens can surprise with their decisions”.
Police have said that former British Prime Minister Gordon Brown may have been a victim of phone hacking by an investigator working for British newspapers, his spokeswoman said on Monday.