Brazilian oil and natural gas output rose 1.89% in May from April to 2.78 million barrels of oil and gas equivalent a day (boepd) as crude output from giant, new offshore fields increased, Brazil's oil agency ANP said on Thursday.
The Argentine Central Bank announced on Thursday it will officially ban the purchase of dollars for savings, the latest in a series of measures to discourage the buying of greenbacks.
The Bank of England has announced on Thursday it will pump a further £50bn into the UK economy over the next four months through its quantitative easing (QE) program to try to help the economy.
The European Central Bank cut its key interest rate by a quarter percentage point Thursday to a record low 0.75% to try to help ease Europe’s financial crisis, boost its sagging economy and restore confidence.
China's central bank cut interest rates for the second time in two months to bolster an economy widely expected to record its sixth successive slide in growth in April-June.
UK’s Defence Secretary Philip Hammond announced that 17 units are to be axed from the British army as part of sweeping reforms that will reduce its overall strength by 20.000 posts.
Paraguay's new government ordered home its ambassador in Venezuela after accusing President Hugo Chávez government of meddling in an attempt to avert the impeachment of the Paraguayan president last month.
An issue of Argentine 100 Pesos bills printed in Brazil and in circulation in Buenos Aires was discovered to be missing the “1” which left them with only the double 00.
By Jeremy Hobbs - The following column was published in The New York Times Opinion page.
It gives another side of the current situation in Paraguay, and the role the landlocked country plays as a leading exporter of the oilseed.
Argentina’s Cabinet Chief Juan Manuel Abal Medina asked for “responsibility” to safeguard “the present and the future of the Argentines and urged people to preserve the achievements of the Government, as he answered questions of the administration during a visit to the Lower House on Wednesday.