Shares in cruise company Carnival have fallen more than 7% after it issued a profit warning its second in just three months. Carnival, which operates ships under brands such as P&O and Costa Cruises, said full year revenues, which were expected to be flat, would now fall 2-3%.
The Venezuelan opposition has released an audio recording that it said contains a prominent member of the ruling party discussing political strategy with a Cuban intelligence officer. Opposition lawmaker Ismael García said the recording captures a phone conversation between state TV personality Mario Silva, a staunch government ally, and a Cuban identified as Lieutenant Colonel Aramis Palacios.
Chile is the third most attractive country for copper mining investments behind Canada and Australia according to a report from the Chilean Copper Committee, Cochilco that includes fifteen leading countries in the industry and was released this week by Mining minister Hernan de Solminihac in Santiago.
UK conditioned a possible re-launching of agreements on hydrocarbons and fisheries in the South Atlantic to Argentina accepting ‘there will be no sovereignty negotiations’ regarding the Malvinas Islands and called for the Argentine government to respect the wishes of the Falkland Islanders.
Argentines expect inflation to average 34.9% in the next twelve months according to a private report released on Monday by the Finance Research Centre, CIF, belonging to the Torcuato Di Tella University.
An Argentine delegation involved in human rights that in early May visited the Falkland Islands is optimistic about the possibility of advancing in the identification of the remains of Argentine soldiers buried as unknown in unmarked graves at the Darwin cemetery.
Venezuela on Sunday made a rare diplomatic overture to the United States, suggesting it could be time for better ties. Foreign minister Elias Jaua said on Televen Sunday program that we are going to remain open to normalizing relations with the United States.
Currency strength due to stimulus measures in the developed world is currently Latin America's Achilles' heel, though the region's macroeconomic management is a bright spot, the head of the United Nations' body for the region said on Monday.
Secretary General José Miguel Insulza presented on Monday the Report on the Drug Problem in the Americas to the members of the OAS Permanent Council, in a special meeting of the Inter-American Drug Abuse Control Commission (CICAD) in which he expressed his hope that the document is understood not as a conclusion, but only as the beginning of a long awaited debate.
Brazilian opposition unified over the weekend behind Aecio Neves who was elected by a landslide president of the Brazilian Social Democracy Party, PSDB. His naming opens the way for his candidacy to the 2014 presidential election, when President Dilma Rousseff will be bidding for another four years.