Two years after it nearly crashed out of the Euro zone, Greece returned to the bond market this week with yield-hungry investors rushing to buy its debt in a 3-billion Euro deal that could mark the beginning of the end of its bailout. Athens offered a yield of just 4.95% to sell five-year bonds, the second lowest borrowing costs for a bailed-out Euro zone state returning to market.
The International Olympic Committee is sending its executive director Gilbert Felli to Brazil next week as part of a series of emergency measures to tackle the delays threatening the 2016 Games in Rio de Janeiro. The announcement was made by IOC president Thomas Bach.
The Economist has a piece on Argentina's president Cristina Fernández, an X-ray on her character, reactions, but also strong points, and what can be expected of what is left of her mandate that ends in December 2015. Even with her clout dwindling Cristina Fernández remains the most powerful politician of Argentina.
The Treasury of South Georgia & The South Sandwich Islands have issued a new crown which celebrates the centennial of one of the Island group’s most well-known and recognized landmarks: the Grytviken Church.
Brazilian TV is showing footage of a woman being robbed while being interviewed on television about crime near Rio de Janeiro’s main train station. The images of the interview conducted Wednesday by TV Globo were posted on its G1 internet news portal and come just a few weeks before the beginning of the World Cup.
The metropolis of Sao Paulo may have to ration water this year if reservoir levels are not replenished, Brazil's largest water and sewage utility said, an increasing possibility as the southeast region heads into its dry season.
Brazil has enough coffee stocks to supply exports and domestic demand this year even though a severe drought will result in a lower-than-expected harvest, the nation's coffee industry association Abic said on Thursday.
Argentine organized labor leader Hugo Moyano called on the government of president Cristina Fernandez to take note of Thursday's strong mobilization across the country after unions affiliated to the Teamsters figure and gastronomic heavyweight Luis Barrionuevo caused widespread disruption.
US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another 1.6 billion dollars to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The investment comes on top of 1.2 billion Chevron agreed to spend last year for a shale pilot project.
Argentina and Chile defense ministers Agustín Rossi and Jorge Burgos Varela met in Buenos Aires 'to continue advancing and deepening' the bilateral relation, which this year will have a special celebration motive: the 30th anniversary of the Peace and Friendship treaty which definitively put an end to the Beagle Channel longstanding dispute.