Swiss banking giant UBS has agreed to pay 1.5bn dollars to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate. It becomes the second major bank to be fined over Libor after Barclays was ordered to pay 450m to UK and US authorities in the summer.
A combined operation involving police forces from Peru, Spain, US Secret Service and Europol dismantled on Wednesday a counterfeit banknote print shop in Lima and arrested one suspect.
US President Barack Obama was named TIME Person of the Year for 2012, citing his historic re-election last month as symbolic of the nation's changing demographics amid the backdrop of high unemployment and other challenges.
Brazilian president Dilma Rousseff is planning to visit Mexico in early 2013 taking advantage of the good chemistry with the new leader Enrique Peña Nieto, and with the purpose of re-launching the deteriorated relations between the two main economies of Latinamerica.
Argentine media group Clarin SA was granted temporary relief on Tuesday from the government's effort to implement a media law that would force the conglomerate to sell some of its most profitable assets.
An estimated 250 scientists from several countries will be working at Chile’s Antarctic bases during the austral summer (December 21/March 21) in different projects such as global warming and climate change, reported the Chilean Antarctic Institute, INACH, based in Punta Arenas.
Brazil said on Tuesday its armed forces would launch a large-scale anti-crime border operation next year ahead of the Confederations Cup and the World Cup in 2014.
Queen Elizabeth became on Tuesday the first monarch, since 1781, during the US war of independence, to make a historic visit to Downing Street and attend a cabinet meeting.
Brazil’s Foreign minister says Venezuelan President Hugo Chavez seems to be improving after cancer surgery.
Brazil’s state-run news agency Agencia Brasil cites Foreign Minister Antonio Patriota as saying that Brazilian officials are monitoring daily the health of Chavez.
Argentina’ so organized CGT Labour Confederation boss Hugo Moyano, and CTA umbrella union leader Pablo Micheli confirmed on Tuesday a downtown march against the government of President Cristina Fernandez on Wednesday.