Growth in Chile's export-dependent economy will slow to 4.6% this year due to softer copper prices, investment and domestic demand, the IMF said in a report posted on the central bank's website earlier this week. In April, the IMF projected the economy of the world's leading copper producer would expand by 4.9% in 2013.
The order handed down on Tuesday by the Appeals Court of New York's Second Cirtcuit does not affect the appeal that the Argentine government is pursuing in the case against the investment funds (‘vulture funds’), according to the Argentine Economy Ministry.
The powerful organized labour leader and former ally of the government Hugo Moyano, called on workers to vote against the administration of President Cristina Fernandez (CFK) and her candidates in the coming mid term elections of next October, during a political rally in the iconic Plaza de Mayo, downtown Buenos Aires
The United States Congress sent a strong letter to Argentine president Cristina Fernandez expressing ‘disappointment’ and ‘deep concern’ over the government’s decision to deny General Prosecutor of the AMIA Case, Alberto Nisman, the opportunity to testify before the House Committee on Homeland Security’.
Venezuelan President Nicolas Maduro said his government has received an asylum application from US intelligence leaker Edward Snowden and the fugitive must now decide if he wants to fly to Caracas.
Bolivia demanded France, Portugal, Spain and Italy reveal who told them that former US spy agency contractor Edward Snowden was aboard President Evo Morales' flight from Moscow last week.
The US State Department spokesperson during the daily briefing declined to comment on the alleged intelligence activity in Brazil but admitted dialogue with the Brazilians through normal diplomatic channels, but those conversations ‘of course we would keep private’.
Brazil began an investigation Monday into whether telecommunications firms operating in the country cooperated with the U.S. as part of a spying program that has collected data on billions of telephone and email conversations. Anatel, the government agency that regulates the telecom sector in Brazil, said in a note that it's working with federal police and other government agencies on the investigation.
Pope Francis has visited Lampedusa in the extreme south of Italy to pay tribute to the thousands of migrants who have lost their lives trying to reach the European Union and criticized what he called the globalization of indifference.
The British government announced to Parliament that it will commission a new feasibility study into the resettlement of the British Indian Ocean Territory, BIOT, whose indigenous population the Chagossian was removed in the sixties and early seventies for defense reasons and is an issue that remains highly controversial and sensitive.