Brazilian President Dilma Rousseff will replace the chief executive and other senior managers at state-run oil company Petrobras later this month in an effort to turn the page on the widening corruption scandal. Petrobras shares jumped more than 15%, their biggest one-day gain in 16 years, after Folha do Sao Paulo first reported that Rousseff intended to replace CEO Maria das Graças Foster.
Uruguay is the 'only' candidate from Latin America and the Caribbean and has the necessary votes to be elected next October non permanent member of the United Nations Security Council beginning 2016, announced foreign minister Luis Almagro. This will be the second time a Uruguay seat at the Security Council, the first was in 1965/66.
The world's best Hereford bull is from Uruguay. “Kamikaze” was chosen king of bulls 2014 by HerefordBreeder.net, the world's top Hereford show which takes place in Texas. The Sunday event was supported in conjunction with the Stock Show and other sponsors, in ceremonies at Fort Worth's West Arena.
Russian cosmonaut Oleg Guermanovich Artemiev, member of the International Space Station Expedition 40 posted this week a high definition picture of the Falkland Islands taken while orbiting from 400 kilometers above the Earth.
Credit ratings firm Standard & Poor's will pay 1.5 billion dollars to resolve a series of lawsuits over its ratings on mortgage securities that soured in the run-up to the 2008 financial crisis, the company announced on Tuesday. The settlement comes after more than two years of litigation as S&P fought allegations it issued overly rosy ratings in order to win more business.
The number of cars registered in Argentina during January dropped 39% in comparison with the same month last year, ACARA, the chamber that groups Argentine car dealers, has revealed.
A record 56.4 million tourists visited New York last year, drawn by its diverse culture, low crime and dynamism, and generating 61.3 billion for America's largest city, officials said this week.
Two illegal fishing boats that evaded the New Zealand navy are now in Australian waters, but it's unclear whether local authorities will intervene. Conservation group Sea Shepherd on Monday said one of their ships patrolling the area, the Sam Simon, intercepted the Yongding and the Kunlun at 11.30am AEDT with prohibited fishing gear on its deck.
Brazil's federal, state and local governments ended 2014 with a cumulative primary budget deficit equivalent to 12.51 billion dollars putting public finances in the red for the first time since the current reporting methodology was adopted in 2001, the Central Bank announced.
Brazil's Congress elected a conservative as speaker of the Chamber of Deputies on Sunday in a setback for the ruling Workers' Party that split President Dilma Rousseff's coalition and will complicate her legislative agenda.