
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.

The United States ranks as the most competitive country in the world in a survey of 60 countries by IMD, a leading global business school in Switzerland. The survey finds Europe is recovering some of its competitive edge, while emerging economies, particularly in Latin America are struggling to hold their own.

King Juan Carlos of Spain announced on Monday that he was abdicating in favor of Crown Prince Felipe, his 46-year-old son, explaining in an address to the nation that it was time for a new generation to “move to the front line” and face the country’s challenges.

Moody's Investors Service last Friday announced it had upgraded Uruguay's government bond rating to Baa2 from Baa3, and assigned a stable outlook to the Baa2 rating. The upgrade was driven by the strengthening of Uruguay's sovereign credit profile, as reflected by the convergence of fiscal and debt metric, an overall government debt profile that is currently associated with moderate credit risks, and the country's reduced vulnerabilities to regional and commodity shocks.

Prince Harry will be visiting Brazil and Chile this month in support of the UK's interests in the region and will reflect the strong relationship the two countries have with the UK. The visit will also allow Prince Harry to build on the links he began to forge in South America during his official visit to Brazil in March 2012.

The Gibraltar Government’s recently-appointed representative in Hong Kong, Jason Cruz, will succeed Albert Poggio as the Rock’s man in London in two years’ time, it was revealed in Parliament by Chief Minister Fabian Picardo who confirmed the decision as he answered Opposition questions about Mr Cruz’s salary and employment package.

Qatari organizers of soccer's 2022 World Cup have vehemently denied accusations their successful bid was corrupt, saying its lawyers were looking into claims made by a British Sunday newspaper.

President Cristina Fernandez administration has high hopes that the US Supreme Court will take its long running litigation case with holdout hedge funds that refused to accept sovereign debt rescheduling after Argentine defaulted in 2001.

Sunday's primaries in Uruguay cleared the way for the candidates of the four parties with legislative representation that will be disputing the presidential election next October 26, with a run-off a month later if none of them manages 50% plus one of ballots.