
More than 1500 participants from the banking world are expected to attend the November assembly of the Latinamerican Federation of banks, Felaban, to be held in Punta del Este, Uruguay.

World Bank's Chief Economist for Latin America and the Caribbean Augusto de la Torre said that the Latin American economy will grow between 5.5 and 6% this year spurred mostly by a good performance from Mercosur members.

International Monetary Fund Managing Director Dominique Strauss-Kham sees no major danger of an escalation of currency devaluations as countries seek to boost economic growth.

President Cristina Fernández de Kirchner led on Tuesday in New York the 34th G-77 annual meeting to celebrate Argentina's appointment as the group's chairmanship.

The income gap between the richest and poorest in United States grew last year to the widest amount on record as young adults — and children in particular — struggled to stay afloat in the recession.

Argentina’s gold production will rise by about 21% in 2010 from a year earlier, Mining Secretary Jorge Mayoral announced in Buenos Aires.

Brazilian Finance Minister Guido Mantega claimed that an “international currency war” has broken out but the government will buy all “excess dollars” in the market to curb the appreciation of the local currency Real.

A Chinese freighter has become the millionth vessel to cross the Panama Canal three years ahead of the waterway's 100th anniversary, the Canal authority said Monday. The vessel actually crossed the canal September 4 with a load of 40.000 tons of steel products from the Pacific to the Atlantic but the authority announced the news only Monday.

The world's biggest container shipper, Maersk Line, is increasingly serving Latin America and Africa with ships sailing directly from Asia to tap accelerating growth in those markets, the Financial Times said.

The increase in demand for meat will force world production to more than double by 2050, when the globe’s population is estimated to reach 9 billion, according to Arturo Lavallol a member of the International Meat Organization (OPIC) currently holding its 18th congress in Buenos Aires.