The International Monetary Fund will warn G20 finance ministers this weekend of growing risks to the world economy from surging food prices and public finances while also advocating a somewhat weaker dollar.
Paraguay expressed deep concern about “Brazilian dominance” in South America, reveals a diplomatic cable exposed by Wikileaks and reproduced this week by the Brazilian portal ‘Opera Mundi’.
by COHA Research Associates Joss Douglas and Samantha Nadler
On the tiny, legendary Pacific speck of land known as Easter Island, located 2,000 miles from the Chilean coastline, the ongoing non-violent protests being staged by the Hito family at the Hotel Hanga Roa came to a climax on Sunday February 6, 2011. Fifty armed members of the Chilean national police force (los Carabineros) mounted an illegal raid on the hotel and forcefully evicted the family that has occupied the grounds since August 2010. This action was in direct violation of a judicial order against their dislodgement
Bolivia’s powerful Workers Union, COB, called for a 24 hours general strike Friday against the government of President Evo Morales to protest food and public transport price hikes.
Brazil's Lower House approved Wednesday a government proposal to limit a minimum wage increase to 545 Real a month, handing President Dilma Rousseff her first major legislative victory.The proposal will be voted on in the Senate next week, where it is expected to be approved.
A woman has been named to head Brazil’s Rio do Janeiro police department for the first time following a corruption scandal that led to the arrest of more than 30 police and military officials, officials said Wednesday.
Brazil is as concerned about the decline of the U.S. dollar as it is about the Chinese currency and has no plans for a joint initiative with Washington to press China to let its currency appreciate faster, said Finance Minister Guido Mantega
US Assistant Secretary of State for Public Affairs Philip Crowley assured that the US government “has no reason to apologize” to Argentina in the case of the “sensitive materials” that were seized in a US Air Force plane by the local government last week, amid accusations of “attempting to smuggle surveillance and communications equipment.”
Brazilian state-run development bank BNDES will receive at least 45 billion Real or 27 billion US dollars from the government to extend its program of low-cost loans for supporting company investments in capital goods, local media reported this week.
Imports restrictions imposed this week by the Argentine government with the purpose of “preserving the re-industrialization process” cover approximately 200 products totalling annual imports of a billion US dollars, according to preliminary reports.