The Euro zone (EZ16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU 27 unemployment rate was 9.7% in April 2010, unchanged compared with March while a year ago it stood at 8.7% (April 2009).
President Cristina Fernandez de Kirchner once again rejected that Argentina has adopted restrictions on imports, although she admitted there isn't a country in the world that, through fiscal promotions or tariffs, doesn't have those mechanisms of barriers for the entry of foreign products.
Canada has become the first member of the G7 group of industrialised nations to raise interest rates since the global financial crisis. The Bank of Canada has increased its key lending rate by one quarter of a percentage point to 0.5%.
Former Argentine president Néstor Kirchner met Wednesday with Paraguayan President Fernando Lugo and other Congressional and political leaders in Asunción in what became his first official meeting as head of the South American Nations Union (UNASUR).
United States President Barack Obama held talks with his Peruvian counterpart Alan Garcia in the White House and praised the South American country’s economic performance and consolidated democracy.
Chilean Navy Commander in Chief Edmundo Gonzalez announced this week that the institution will be spending around 10 million US dollars on new, state of the art communications equipment for its SHOA (Hydrographical and Oceanographic Service) office.
An exhibition marking the 40th anniversary of the salvage of the SS Great Britain and featuring film footage and original items as well as a wide range of photographs is now open at the Britannia House Museum in the Falkland Islands capital, Stanley.
Chile’s most widely distributed newspaper, El Mercurio, has celebrated a birthday. On June 1, the daily celebrated 110 years. The paper’s staff met this week to celebrate the event.
Brazil leads Latinamerica in military spending having totalled 27.1 billion US dollars in 2009, followed by Colombia facing an armed guerrilla movement allied with drug cartels and Chile, rich in copper resources, according to the latest report from the Stockholm International Peace Research Institute, SIPRI.
Magallanes Region in the extreme south of Chile has seen unemployment in the February-April mobile increase 0.8 percentage points to 5.4%. Although still one of the lowest rates in Chile, this time Magallanes was the exception since in the rest of the country unemployment was down.