The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.
French investigators say faulty sensors and inadequate pilot training caused Air France's Rio-to-Paris 447 flight to crash into the Atlantic in 2009. Their final report caps a bitter row between the airline and Airbus.
Japan's Fukushima nuclear crisis was a preventable disaster resulting from collusion among the government, regulators and the plant operator, an expert panel said, wrapping up an inquiry into the worst nuclear accident in 25 years.
Europe's tallest skyscraper the Shard was inaugurated in London in a dazzling sound and light show befitting its status as the capital's brashest and most controversial building.
Twenty nine British MPs have called for Britain to vote against Argentina receiving any more money from the World Bank. The group signed an early day motion in Parliament that was put forward by Conservative MP for Romford, Andrew Rosindell, who had previously visited the Falklands.
United States launched a trade complaint Thursday against China at the World Trade Organization, accusing Beijing of unfairly imposing duties on more than 3 billion dollars in exports of US-manufactured automobiles.
FAO Food Price Index fell for the third consecutive month in June 2012, dipping 1.8% from May to its lowest level since September 2010. The four-point drop in June brought the index to 201 points from a revised level of 205 points in May 2012.
Temasek Holdings, Singapore's sovereign-wealth fund, is increasing its exposure to Brazil and the rest of Latin America because of the region's strong long-term growth prospects, the company said Thursday in a press release.
Economic research company Capital Economics has won the 2012 Wolfson Economics Prize, which is the second biggest prize in economics after the Nobel Prize.
The Bank of England has announced on Thursday it will pump a further £50bn into the UK economy over the next four months through its quantitative easing (QE) program to try to help the economy.