Wheat prices hit record highs this week. Bad weather in key grain growing areas such as Canada and parts of Europe has limited supplies as demand has risen, sparking fears of a supply shortfall and threats of rising bread prices.
Foreign ministers and envoys from 33 Latin America and East Asian countries on Wednesday opened in Brasilia two days of talks here to boost fledgling trade ties and build links between the far-flung regions.
Latinamerica is poised to enjoy exceptionally high prices for its exports during the next five to ten years given the growing demand for commodities from China and India, according to a report from the United Nations Economic Commission for Latinamerica and the Caribbean, Cepal.
Dean smashed up the arty resort of Tulum and washed sand off the famous beach at Cancun before crossing the peninsula and heading out into the southern Gulf of Mexico where state oil company Pemex has hundreds of wells and installations.
Anne Krueger, the former number two official in the International Monetary Fund (IMF), recommended greater labor flexibility for Chile's labor market on Monday. The economist also took a hard stance against arguments for an ethical salary for Chile's wage owners, a subject of much debate today in Chile.
Venezuela's National Assembly dominated by allies of President Hugo Chavez, gave unanimous initial approval Tuesday to constitutional reforms that would allow him to run for indefinite re-election, creates a popular militia, ends the Central Bank's autonomy and redefines property rights.
As the United Nations (UN) system finalizes a Flash Appeal for the earthquake stricken parts of Peru, UN inter-agency teams are assessing the situation in the affected areas.
Latinamerica business climate remained favorable in July and reached its highest level since April 2000, according to the quarterly report from the prestigious Brazilian Foundation Getulio Vargas, FGV.
Hurricane Dean buffeted Jamaica's southern coast, flooding the capital and littering it with broken trees and roofs after killing nine people earlier on its run through the Caribbean.
The nation-wide debate sparked in Chile by Bishop Alejandro Goic's recent call for an ethical salary for the Chilean working class assumed a new dimension this week with the publication the second quarter profits of Chile's large corporations and holding companies. Earnings were up sharply in all sectors, but the nation's minimum wage remains stuck at 180 US dollars per month.