Spain's banks had 155.84bn Euros of loans on their books in May that are at risk of not being repaid, the highest since 1994.
European Union, the United States and Japan on Wednesday requested a dispute settlement panel at the World Trade Organization (WTO) after failing to resolve a battle over China's export restrictions on rare earth minerals.
The factory farming of cows, pigs, poultry and fish sucks up 29 million pounds—80%—of antibiotics sold in the United States. Many illness-causing bacteria are now resistant to most or all of the antibiotics that once killed them.
The commodities soy and corn’s prizes sky rocked on Thursday thanks to the severe drought that has been punishing the United States heartland. Soy and corn were being sold at record high of 638.89 dollars/ton and 320.26 dollars/ton respectively.
The protest movement against the conservative Spanish government's latest austerity measures swelled on Thursday as public sector workers stepped up demonstrations in Madrid and around the country after more than a week of spontaneous action.
Argentina and Bolivia signed on Wednesday new agreements to increase the sale of Bolivian natural gas to its southern neighbour but the controversial issue of a price review went unnoticed.
The US dollar reached a new high in the Argentine informal market during Wednesday trading at 6.74 pesos, 25 cents more than on Tuesday while the gap with the official exchange rate jumped to 47.2%.
Argentine CGT Labour Confederation head Hugo Moyano said on Wednesday that he would not vote again for President Cristina Fernández but nevertheless sent her a letter requesting she receives the new CGT board which the government does not recognize.
Traditional summer carnivals in the eastern Cuban cities of Bayamo and Manzanillo have been suspended due to an outbreak of cholera in the region, authorities said on Wednesday.
Six people were killed in a bomb attack on a bus carrying Israeli tourists at a Bulgarian airport on Wednesday and Israel accused Tehran of carrying out the attack, promising a strong response to Iranian terror.