Magallanes in the extreme south of Chile became the region with the lowest unemployment in the country during the September-November quarter. According to the official Chilean statistics office the jobless rate in Magallanes dropped to 4.1% compared to the national 7.1%.
Cuba’s government, trying to save money and eliminate subsidies announced this week it will remove soap, toothpaste and detergent from the monthly ration of food and consumer products it has handed out since the early days of the Cuban revolution.
China and Spain signed this week business deals worth 7.5 billion US dollars, a welcome boost for Spain's recession-hit economy. Visiting Vice-Premier Li Keqiang also vowed to help Europe overcome its debt crisis (and support the Euro), as he started his three-nation European tour.
The year 2011 will be economically challenging and painful, European Commission President Jose Manuel Barroso warned this week. After two years of economic recession, Barroso expects a difficult year ahead and underlined the need for Europe to make progress on economic governance and policy coordination.
Uruguay “exported” 1.414 football players during the last decade, (equivalent to 128 teams) to such different places as Argentina, Italy, Iraq, Russia or Romania according to a report from a local Montevideo newspaper.
Europol’s new iOCTA* report examines how EU citizens are risking their personal identities, privacy and computer data through the use of social media tools which are increasingly a target for cybercriminal activity.
Brazil on Tuesday threatened tougher capital controls and other measures to keep its currency from rising against the dollar, a day after Chile's central bank unveiled its own $12 billion plan to buy greenbacks.
International economic coordination is as necessary as it is elusive. During the global financial crisis, the G-20 became the primary forum to agree on basic principles in areas such as the fiscal-policy response and the role of the International Monetary Fund.
The Argentine Foreign Ministry stated yesterday that the “provisional understandings” signed by London and Buenos Aires were in complete disuse and that the “unilateral actions of the United Kingdom” with regard to oil exploration and military exercises on the Islands constituted an “unsolveable obstacle” to the continuation and development of the “bilateral cooperation”
More than 100 Police Special Forces violently evicted Rapa Nui indigenous groups from the Government Plaza in the center of Hanga Roa over the holidays, causing injuries to at least nine people, three of them serious.