Brazilian consumer prices rose only 0.05% in August after a 0.19% increase in July, according to government figures released Thursday, surprising market experts and even Brazil's government.
Manuel Rosales, the main opposition candidate in Venezuela's December's election claimed Thursday that President Hugo Chavez, running for re-election, has ordered his assassination.
The Arbitration Tribunal of Mercosur partially accepted Uruguay's demand and ruled that Argentina did not take necessary action to guarantee free circulation of goods and services into Uruguay as contemplated in the block's charter.
Chilean President Michelle Bachelet will stand firm on her pledge against the use of nuclear energy, government spokesperson Ricardo Lagos Weber said this week.
Chile's Consumer Price Index increased 0.3% in August, with inflation in the last twelve months reaching 3.8% and in the first eight months of this year 2.9%, in line with the government's targets, according to the latest release from the country's National Statistics Institute, INE.
The Chinese and Indian economies are likely to grow even faster than previously thought this year, according to the Asian Development Bank (ADB).
Argentine and Chilean presidents are scheduled to meet next Tuesday in the Argentine province of Mendoza for the opening of the bidding process for the construction of a 200 kilometres trans-Andean railway which will link the neighbouring countries across the shared mountain range.
Uruguay and Brazil's presidents will be meeting Friday most probably in Porto Alegre, Brazil to discuss Uruguay's intention of signing a free trade agreement with United States, according to Uruguayan diplomatic sources.
In a global context of weaker foreign direct investment, FDI, in emerging markets because of structural weaknesses, Latinamerica is also set to suffer, according to a report from the University of Columbia in New York and The Economist group.
Oil prices fell to a five-month low yesterday, dipping below US$68 a barrel amid easing gasoline demand at the end of summer and growing doubts among some traders that Iran will pull supplies off the market.