The catch-up boom in China, India and Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a report by America's top forecasting body.
Argentina's Congress approved on Wednesday a new legal regulation which critics say President Cristina Fernandez could use to force a conclusion in her long-running battle with the country's biggest media group.
US President Barack Obama plans to give new thrust to a comprehensive immigration reform in the country, one that would not only address the issue of illegal immigrants but also how to attract and retain highly skilled manpower from the rest of the world.
President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%.
The Argentine government, as anticipated on Wednesday formally reported Ghana before the Tribunal for the Law of the Sea, in a bid to try to recuperate the ship that has been detained in Tema port since October 2. Argentina also announced it will demand compensation for the ‘illicit action’ losses.
Ghana port authorities, GPHA, on Wednesday re-established water and power supply to the Argentine Navy flagship ARA Libertad retained in Tema, according to naval sources from Buenos Aires.
It's a common grumble that politicians' lifestyles are far removed from those of their electorate. Not so in Uruguay. Meet the president - who lives on a ramshackle farm and gives away most of his pay.
Millions took to the streets across Europe in a co-ordinated day of protest against austerity measures. The European Trade Union Organisation says austerity is a total dead end and called for industrial action across 23 countries.
Argentina filed on Tuesday a petition for a retrial at the US Second Circuit Court of Appeals over a debt ruling that would force the country to pay holdout creditors owning bonds in default since 2002.
The Gibraltar Government said Britain must find a different way to end the “totally unacceptable” actions by Spanish state vessels, the latest of which on Tuesday with the incursion of the corvette “Vencedora” flying an oversized Spanish ensign, which represents “a frontal challenge and an affront to British sovereignty”.