British drinks group Diageo is buying a maker of Brazil's most popular spirit, cachaça for about 470 million dollars, boosting its expansion in fast-growing emerging markets while it fights for a bigger prize in tequila.
Finance minister Guido Mantega said that Brazil has double the reserves when the 2008 global recession and is prepared to confront a deepening of the European crisis but admitted that the economy would expand below 3.5% which is less than was targeted at the beginning of the year.
Gibraltar figures importantly on the agenda for a Tuesday meeting scheduled in London between Foreign Secretary William Hague and Spanish counterpart Jose Garcia-Margallo particularly following on the recent fishing incidents and the long queues being imposed at the border by Spanish authorities.
Planting the first of what it hopes will be a million trees, “Reforestemos (reforest) Patagonia” officially launched a campaign that will restore large swathes of Chilean Patagonia to pristine wilderness.
Argentine President Cristina Fernández, CFK, said that handing over power is unavoidable, thus implying that she has no plans to seek a re-re-election, (not contemplated by the Constitution) and recommended those expecting her to be in office for a long time to pray the rosary at night and realize how fragile you are.
The president of the Chilean Lower House Foreign Affairs committee, Jorge Tarud said on Sunday that Chile is fully complying with the Ottawa Convention and with the timetable to finish de-mining tasks along the Peruvian border.
How do you move and relocate half a million hogs? That is the challenge faced by Chilean sanitary authorities following the closure of the country’s largest pig farm forced after months of complaints from protesting neighbours about the persistent odours and infested waters.
North Ireland officials are willing to share their peace forging experiences with Colombia in the event of a peace process that puts an end to the decades-long armed conflict in the South American country.
Public and private sector tourism leaders gathered in Mexico for the Americas Summit of the World Travel & Tourism Council (WTTC), a networking and discussion forum held at Riviera Maya on Mexico’s Yucatán peninsula.
The Vatican faces a widening scandal that in one short week has seen Pope Benedict's butler arrested, the president of its bank unceremoniously dismissed and the publication of a new book alleging conspiracies among cardinals.