Brazil’s main stock exchange Bovespa is implementing changes to its benchmark Ibovespa stock index, the first since 1968, in an effort to correct recent distortions and better reflect the performance of local shares.
Argentine president Cristina Fernandez is scheduled to address the United Nations General Assembly in New York on Tuesday and according to the official agenda has several appointments with political leaders and business representatives.
US lawmakers have narrowly voted to cut food stamp benefits from next year despite a veto threat from the White House and opposition from lobby groups. The Republican-led House of Representatives passed the bill by 217-200. But it has little chance in the Democratic-held Senate.
Francis has made one of his strongest attacks yet on the global economic system, saying it could no longer be based on a god called money and urged the unemployed to fight for work.
Brazil’s government is planning to give a boost to state-run oil company Petróleo Brasileiro by financing its participation in the October 21 auction of Libra, the country’s largest-ever oil discovery, the O Estado de Sao Paulo newspaper reported over the weekend.
Three years has seen the overturn of two government, the deaths of thousands of people and the destruction of much of the Egyptian economy. In the end, the mobs have changed nothing, except to make their own lives more miserable.
Just a few seats short of a majority, German Chancellor Angela Merkel has said she's ready to begin coalition talks with the center-left SPD, but with animosity on both sides, it's not quite clear who will be courting whom, according to German analysts.
The UK's biggest online university project has been launched, with more than 20 universities offering free courses. Students will be able to follow courses on mobile phones as well as computers. The UK's project, called FutureLearn, sees UK universities entering the global market in so-called Moocs - massive open online courses.
The Venezuela government has temporarily taken over a toilet paper factory in order to avoid a nationwide shortage. The decision was implemented by the National Guard which took control of the ‘Manufacturas de Papel’ plant and authorities will now oversee and monitor its production.
Venezuelan President Nicolas Maduro and his Chinese counterpart, Xi Jinping, said they were committed to consolidating the strategic alliance between their two countries during a meeting in Beijing at which they signed a dozen cooperation and investment agreements worth 20 billion dollars.