Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the short-term view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.
World Penguin Day is observed annually on April 25 recognizing the aquatic birds. In the world, there are 17 species of penguins with Southern hemisphere as their natural habitat. April 25 was chosen as World Penguin Day as it marks the date when Adelie penguins begin their migration northward toward Antartica.
Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.
Thousands of emperor penguin chicks drowned when the sea-ice on which they were being raised was destroyed in severe weather. The catastrophe occurred in 2016 in Antarctica's Weddell Sea. Scientists say the colony at the edge of the Brunt Ice Shelf has collapsed with adult birds showing no sign of trying to re-establish the population.
Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government’s struggle to build support for its signature reform policy.
China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.
Senior Tories have ruled out changing their rules to allow an early challenge to Theresa May's leadership, but have asked for more clarity about how long she will remain in office. Under current rules, MPs cannot hold a new confidence vote in her leadership until December - 12 months on from last year's vote which she won.
US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.
Children under five must spend less time sitting watching screens, or restrained in prams and seats, get better quality sleep and have more time for active play if they are to grow up healthy, according to new guidelines issued by the World Health Organization.