The June Consumer Prices Index in Uruguay soared 1.28% over May, totalling 5.44% inflation in the first half of the year according to the official release from the National Statistics Institute, INE.
Land degradation is on the rise in many parts of the world, with direct consequences for an estimated 1.5 billion people – or a quarter of the world's population – the United Nations Food and Agriculture Organization, FAO said on Wednesday, calling for renewed attention to tackle the issue.
The Royal Air Force's Typhoon aircraft marked another milestone in its capability this week when it was declared operational in the air-to-ground role, becoming the Service's most advanced multi-role aircraft. The multi-role capability means that RAF Typhoons can now carry out precision Ground Attack as well as Air Defence tasks
Argentina's Supreme Court could play a decisive role in the several months stand off between the administration of President Cristina Fernandez de Kirchner and farmers over the implementation of levies on grains and oil seeds exports.
Brazil has promised farmers 78 billion Reais, approximately 48 billion US dollars, in soft loans to promote agriculture production and help curb inflation announced on Wednesday the country's development bank, BNDES.
The Dow Jones Industrial Average closed more than 20% below its October 2007 peak on Wednesday, meaning it is officially a bear market. The blue-chip index fell 166.8 points or 1.46% to 11,215.5, which is 21.0% below its 14,198.1 close on 11 October.
The EU farm chief called for the comeback of the curvy cucumber and other odd-shaped produce sold in shops as part of proposals to ease market restrictions on fruit and vegetables amid rising food prices.
Annual inflation in the Euro zone hit a record 4% in June, the EU statistics agency Eurostat said Monday, adding pressure on the European Central Bank to raise borrowing costs even as the economy slows.
Argentine Economy minister Carlos Fernandez denied on Monday a slowdown of activity and insisted that the economy of Argentina is doing fine, adding that prospects are good.
French President Nicolas Sarkozy said on Monday something isn't right with the European Union, as France took over the rotating presidency of the bloc. Speaking on national French TV, Mr Sarkozy warned that Europe's citizens were losing faith in the project.