Lending to small businesses inn the United States is declining, thus making it more difficult to come to grips with the persistent problem of high unemployment, admitted Federal Reserve Chairman Ben Bernanke.
French newspaper Le Monde is to take its controlling ownership stake out of the hands of editorial staff and sell it to an outside buyer. The paper, which has a centre-left political bent, was created after France was freed from Nazi rule in 1944 and is one of the country's most respected publications.
Argentina is seriously considering incorporating nuclear powered vessels to the Navy and constructing topsides for naval ships and oil rigs. However this will have to be developed with Argentine technology, said Defence minister Nilda Garré.
Argentine tax revenue soared in May in line with robust economic growth as consumers spent more on goods and services and prices rose amid soaring inflation. According to official data from AFIP, the federal tax revenue agency collected 44% more revenue in May than it did a year ago.
The urgent need to take anti-corruption from rhetoric to actions is a decisive challenge for the 33 heads of state meeting at the General Assembly of the Organisation of American States (OAS) taking place from 6-8 June in Lima.
The need for a mutual-trust environment, which helps avoid situations of possible conflicts inside the region, is one of the main points the Union of South American Nations, Unasur, will be discussing with US Secretary of State Hillary Clinton, according to Ecuadorian diplomatic sources.
Completion of the Falkland Islands Programme phase 1 is now a reality. The De-mining Contractor, BACTEC International Ltd, has persevered through one of the coldest and wettest summers to deliver a successful project within the single austral summer period that was demanded within the contract. Like all demanding programmes, many lessons have been learned but only a few will be elaborated in this article.
Uruguay and Argentina pledged Wednesday to advance in a wide ranging 27-point agenda but most important to work within a 60-day scheme to perform a bilateral monitoring of the shared river Uruguay, where the construction of a pulp mill on the Uruguayan side soured bilateral relations for several years.
The Argentine trade mission sent to Beijing was unable to lift the ban on soy-oil imports imposed by China on Argentina. The Argentine delegation returned with the promise that further talks will be taking place but no dates were revealed.
Bolivian president Evo Morales said he was hopeful an agreement could be reached for the full reestablishment of diplomatic, trade and investment relations with Washington.