Peru is the country with less citizen support for democracy in the Americas while in Uruguay, Costa Rica and Argentina the system enjoys massive approval.
Spain said it doesn’t need to adopt further austerity measures to stem a surge in borrowing costs as the central government’s budget gap narrowed by almost half.
Fast-growing emerging markets would be facing currency appreciation pressures even without the US quantitative easing policy, World Bank President Robert Zoellick said in an interview on Tuesday.
World leaders and countries that have wild tigers endorsed a major plan to double the number of tigers in the wild by 2022 underscoring their commitments at the historic International Tiger Conservation Forum.
Brazil’s influential Foreign Affairs minister Celso Amorim revealed that his major obstacle in his eight years in the post was “breaking mental barriers” particularly in advancing relations among countries in the South and promoting such organizations as Mercosur and Unasur.
Argentina’s Economy minister Amado Boudou announced Tuesday that the President Cristina Fernández de Kirchner's administration is to request aid from the International Monetary Fund to help with a new price index.
Irish Prime Minister Brian Cowen defied mounting pressure to quit and announced Monday he would stay in office until parliament passed an austerity budget needed to secure an IMF/EU bailout and then call an early election.
Venezuelan president Hugo Chavez announced he would again run for office in 2012 underlining that “there’s no turning back” from the current “Bolivarian revolution” process which he has been leading for the last twelve years.
The chief of the International Air Transport Association or IATA sharply criticized the poor condition of Brazil airports, saying that the situation could put the country in a very bad light during the World Cup and the Olympic Games if the government does not improve capacity and renovate aging infrastructure.
Brazil’s President-elect Dilma Rousseff plans to maintain the central bank’s operational autonomy and also will keep the position of central bank president as a Cabinet-level post, according to reliable sources close to the leader.