Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”
Two weeks after surgery in Cuba, Venezuela's President Hugo Chavez is stronger than ever but will not rush home until he is ready, announced Defence minister General Carlos Mata Figueroa.
The government of the Argentine province of Mendoza is studying documents presented by Vale that could allow the Brazilian miner to continue with a 4.6 billion US dollars potassium project, said an official in Mendoza.
Argentina's trade surplus in May rose 29% from the previous month, thanks to high prices for the country's exports of grains and manufactured goods, the national statistics agency said Thursday.
The Royal Navy aircraft carrier HMS Illustrious has begun sea trials following a £40m maintenance and upgrade program. 'Lusty' left Rosyth after 16 months during which she was converted into a helicopter and commando carrier, and should return to the fleet at the end of July.
Chinese military officials have confirmed that the country is completing work on its first aircraft carrier, based on the hull of Russian carrier Varyag.
HMS Protector the Royal Navy's new Ice patrol ship has been formally commissioned into the fleet on Thursday, 23 June, the 50th anniversary of the Antarctic Treaty at Portsmouth naval base.
When the sun began to set on Thursday evening, the Mapuche people prepared for one of the most ancient celebrations in their history: the We-tripantu, or the New Year.
The UK said that Brazil has the best science base outside the G8, and Brazil’s state-controlled oil and gas giant Petrobras CEO Jose Sergio Gabrielli predicted that his country will shortly become the world's largest market for deep offshore oceanic hydrocarbon exploration equipment.
Brazilian and Spanish candidates are leading the field for the Sunday June 26 upcoming election for the next head of the Food and Agriculture Organization in Rome, the UN agency leading the struggle against global hunger.