Euro-zone inflation fell to 0.5% in May, down from 0.7% in April and well below the European Central Bank's 2% target. The fall means the ECB will be expected to take steps to boost growth and counter the threat of deflation when it meets on Thursday.
Brazilians pessimism about the future of the economy has increased considerably with just a few days left for the opening of the World Cup, according to a public opinion poll released by Pew Research.
Spain's crown prince will be proclaimed King Felipe VI on June 18 before Parliament in Madrid, legislative officials said Tuesday. The 46-year-old Felipe de Borbon, who currently holds the title of Prince of Asturias, will succeed his father, King Juan Carlos, who announced on Monday that he was abdicating.
More than 100 British Members of Parliament have signed a resolution of support for Argentina in the fight against hedge fund holdout investors, and warned that if the United States Justice System ruled against the nation it could fall into default.
UK Foreign Office Minister Mark Simmonds is scheduled to visit Sao Paulo and Miami to promote the travel safety 'Be On The Ball' campaign, preparing fans for the World Cup and to support the English team.
A less-than-capacity crowd at Sunday’s final World Cup test event at the Itaquerao venue in Sao Paulo means it will host a full crowd for the first time at the tournament opener.
Yet more surprises from last Sunday's primaries in Uruguay to choose candidates for the October presidential election. Not only did the main opposition vote overwhelmingly for renewal, but now it has emerged that in the ruling coalition, which suffers from a generation of Jurassic leaders, a young challenger has emerged as the most voted and is now demanding a place in the presidential ticket.
Some good news for the beleaguered Brazilian economy and President Dilma Rousseff's bid for re-election next October. According to the latest data supplies by the government, Brazil posted a trade surplus of 712 million dollars in May, recovering from a weak start to the year but still below historical levels.
Those travelling to Brazil imagining they have arrived in England or those coming to Rio imagining to be in London will undergo a frustrating experience said Eduardo Paes, mayor of Rio do Janeiro, one of the cities to host the World Cup and the 2016 Olympics.
Argentina and Brazil have 'cut differences' and advanced significantly in negotiations for an auto integration understanding that could be ready to be signed next week, according to industry sources in Buenos Aires.