Police in London have arrested a 31-year-old man in connection with allegations of unauthorised trading which has cost Swiss banking group UBS an estimated 2bn dollar (£1.3bn).
A collision between a bus, cement truck and a pre-metro (lightrail) train injured 90 people on Thursday during morning rush hour traffic in the capital of Argentina, Buenos Aires, according to police.
It has been a news-headlines plagued Miss Universe pageant, both before and after, that finally crowned beauty queen Leila Lopes, Angola’s first in Sao Paulo.
Opposing fans give Real Madrid forward Cristiano Ronaldo a hostile reception because he is rich, handsome and a great player, the Portuguese said after Wednesday's 1-0 Champions League win at Dinamo Zagreb.
Brazilian president Dilma Rousseff said the financial crisis in the Untied States which is contaminating the rest of the world is more ‘political’ than economic and it’s not only a matter of money, but also and mainly of ‘strong decisions’
Venezuelan President Hugo Chavez said this week that he will probably have to undergo a fourth cycle of chemotherapy for cancer, but insisted that he will campaign for re-election next year “with the energy that circumstances require”.
US president Barack Obama defended his Latin American policy, praised Mexico’s resilience in the drugs war, criticized Cuban reforms as insufficient and emphasized the ‘equals-relation’ between countries in the region and Washington.
The head of the International Monetary Fund today urged advanced countries to take bold, coordinated action to break a vicious cycle of weak growth and high debt that threatens the global economy and has been worsened by dysfunctional politics.
President Jose Mujica admitted to Uruguayan manufacturers and farmers that with recurrent Argentine and Brazilian obstacles to trade “it’s very hard to make Mercosur function” and good relations between presidents “are not enough”.
The Paraguayan delegation before Mercosur Parliament, Parlasur, accused Argentina of “systematically and permanently ignoring the Asuncion Treaty” (the founding charter of Mercosur).