Thousands of protesters, including teachers and religious leaders, converged on downtown Chicago Monday to rally against economic inequality, with two financial industry events in their crosshairs.
President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said.
Odyssey Marine Exploration announced Monday the discovery of a new sunken treasure dating back to the First World War that they plan to retrieve from the bottom of the North Atlantic.
Brazil is reinforcing its diplomacy’s legal and trade departments in anticipation of a major impact from a possible global situation and in this context “Mercosur is a priority, almost a sanctuary” announced Monday the Foreign Affaire ministry.
For Argentina, Brazil is a “decisive partner” in addressing the negative effects of the world economic crisis which has hit the United States and the European Union, said on Monday Argentina’s Deputy Economy minister Roberto Feletti.
China reiterated that an expected vote this week in the US Senate on a bill intended to pressure Beijing to allow its currency to raise if made into law would result in a trade war and hurt US-China ties.
The Argentine Socialist Frente Amplio Progresista’s (FAP) presidential candidate Hermes Binner assured that if he doesn’t make it to a second round after October 23rd, his party will be part of a “responsible opposition.”
The largest virus yet discovered has been isolated from ocean water pulled up off the coast of Chile. Called Megavirus chilensis, it is 10 to 20 times longer than the average virus.
Stocks rose sharply in Europe and in the US on Monday as investor sentiment were buoyed by a renewed pledge by France and Germany to come up with a plan to tackle the Euro zone debt crisis by month's end. International pressure has been building for bold steps from Europe to avert a global economic backlash.
US academics Thomas Sargent and Christopher Sims shared the 2011 Nobel Prize in economics for work that helps governments and central banks weigh up responses to crises -though it offers no immediate answer to current global problems.