Fidel Castro said his recent comment that communist-led Cuba's economic model does not work was misunderstood, and that what he really meant was capitalism does not work.
Mercosur and Unasur (Union of South American Nations) can be “more effective” than OAS (Organization of American States) in addressing issues of South American countries, said Brazilian Foreign Secretary Celso Amorim currently in Switzerland for a conference on international security.
Argentina is still opposed to having its economy reviewed by the International Monetary Fund (IMF), government ministers said on Thursday, refuting recent media reports to the contrary.
As rising food and fuel prices create incentives for large-scale land acquisitions around the world, it is more important than ever for governments and the international community to protect local land rights, according to a new World Bank study released this week.
Luis Schmidt, former president of the National Society of Agriculture (SNA) and the Chilean Fruit Growers Association (Fedefruta), has been offered the position of the Chilean Ambassador to China.
Spain's lawmakers gave their final approval to a package of government-proposed labour market reforms aimed at cutting down the country's high unemployment rate and reviving the economy.
Chief Minister Peter Caruana has highlighted the importance of Gibraltar’s National Day, September 10, as a celebration of identity and culture.
Venezuela reported the slowest monthly inflation of the year in August after the government moved to tackle sporadic food shortages by importing more goods ahead of the September 26 congressional elections.
The Chilean Senate finally approved the Union of South American Nations, (Unasaur) creation charter thus ending the legislative chapter. The bill now goes to the Executive for its promulgation.
Under the heading of “Latin America’s impressive little guys, Uruguay and Paraguay”, the Financial Times praises the two countries for “punching above their weight” and catching the attention of foreign corporate investors.