Paraguay meat exports totaled 245 million US dollars in the first five months of the year, which represents a 25% decline compared to the same period a year ago (328 million US dollars), according to the latest official reports.
Automobile sales in Brazil rose 5.4% in May from April, rebounding after a sharp decline the previous month, the national automakers' association Anfavea said on Thursday
United States Federal Reserve chairman Ben Bernanke warned Wednesday that the US spending spree now threatens the country's financial stability, amid growing questions over whether governments and central banks around the world have gone too far.
Warning of a possible six to eight year employment and social protection crisis due to the economic downturn, International Labour Organization (ILO) Director- General Juan Somavia called Wednesday on delegates to the 98th International Labour Conference to adopt a “Global Jobs Pact.”
Argentine auto production plunged 23.6% in May from the same month a year ago, the Argentine Automobile Manufacturers Association, or Adefa, reported Wednesday. But production rose 14.8% on the month, indicating the industry's bad declines may be starting to level off a bit.
Inflation in the world's leading economies slowed in April and in the previous 12 months as energy prices plunged. Consumer prices in the 30 states of the OECD rose by 0.6% in the 12 months to April, compared with 0.9% in the year to March.
Argentina and the country's social security agency ANSES are in contempt of court for their failure to provide documents in litigation by holders of its defaulted bonds, a US judge has ruled in New York.
Consumer prices in Uruguay during May increased 0.41%, and 6.63% in the last twelve months according to the latest release from the government’s Statistics Office.
The number of people without jobs is rising across the European Union and has reached 21 million. The EU statistics office, Eurostat, said Tuesday the unemployment rate for the 16 Euro countries soared to 9.2% in April, the highest in a decade.
Ford, the only one of the Big Three US carmakers not to have gone bankrupt, has reported its share of the US market in May was its highest since 2006.