
The Organization for Economic Cooperation and Development, OECD, cut its forecast for global economic growth through next year and warned that fiscal and monetary policy decisions looming in the U.S. could derail the recovery. OECD said world economic output would expand 2.7% this year and 3.6% in 2014, down from May's forecast of 3.1% and 4%.

In an emotional but brief (eleven minutes) ceremony Argentine President Cristina Fernandez, on Wednesday late evening, was back on stage at the Casa Rosada, the first time since she underwent cranium surgery six weeks ago, for the oath-taking ceremony of three new top officials who will be decisive ministers in the last two years of her second mandate.

Spain’s Minister for European Affairs Iñigo Méndez de Vigo has said Madrid will maintain strict controls at the border. Speaking with the media in Brussels the minister said that the European Commission had endorsed the action it has being taking as in line with EU norms.

Pickets organized by the Argentine fundamentalist group Quebracho to protest the docking in the port of Buenos Aires of the Bahamas flagged cruise Seabourn Quest which includes the Falkland Islands in its route were displaced by the union of winch operators in conflict over pay, work conditions and official registry of their grouping.

Argentine President Cristina Fernández de Kirchner’s assets increased in a 20% whereas Vice-President Amado Boudou’s estate decreased by 3%, according to the affidavits released this week by the Justice Ministry’s Anti-Corruption Office.

Chileans went to the polls Sunday and chose to send Michelle Bachelet and Evelyn Matthei to a runoff election with 46.7% and 25% of the vote respectively, but abstention far outstripped them both — less than half the number of voters on the electoral roll cast a vote.

US consumer prices fell 0.1% in October as petrol prices dropped, the US Labor Department has said. Petrol prices fell 2.9%, the biggest drop since April. The cost of new cars, clothes and healthcare also fell. The decrease meant that annual inflation in the 12 months to October was just 1%.

On Tuesday, one day after resuming her Executive duties, Argentine president Cristina Fernandez accepted the resignation of the most emblematic of the Kirchner-couple bullying tactics, a true 'K soldier' who has been on the job since 2005 and was expected to step down with the lady in 2015.

A week of trade talks in Brussels have taken the European Union and the United States a little closer to a deal to liberalize bilateral trade. EU officials say the trade relationship with the US is already the biggest in the world, worth more than 2bn Euros a day, but barriers remain, and removing them could make it even bigger. If it happens, the agreement would be huge, capable of changing the shape of global trade.

Finland's UPM/Botnia plant, which is an ongoing motive of dispute with Argentina is planning a second pulp mill but to the east of Uruguay, announced Vice-president Danilo Astori, confirming a previous statement from the First Lady and Senator Lucia Topolansky.