
Another 663.000 United States workers lost their jobs in March, slightly more than the 658.000 that had been expected. The US unemployment rate has now hit 8.5%, up from 8.1% in February. Earlier this week, the IMF said it expects the unemployment rate in the developed world to nudge above 10% in 2010.

Former Venezuelan Defence minister General Raúl Baduel accused President Hugo Chavez of ordering his detention to try to intimidate him and insisted he's innocent of corruption charges which are politically motivated.

The Organization for Economic Cooperation and Development, (OECD) welcomed on Thursday the formal endorsement by Uruguay of its tax information exchange standards.

The Organization for Economic Cooperation and Development OECD has placed Costa Rica, Malaysia, the Philippines and Uruguay on its blacklist of non-cooperative tax havens, as part of efforts agreed at the G 20 London summit to crack down on tax evasion.

Headlines: Royal party return after South Georgia trip; FIG restructure to offer more opportunities for locals; Seaman on trial for cocaine theft.

Tens of thousands of Argentines lined the streets of Buenos Aires on Thursday to watch the funeral procession of former President Raul Alfonsin in a public display of gratitude for a leader who conducted the country back to the longest period of democracy since 1983.

As G20 negotiations on a new regulatory blueprint bogged down, President Barack Obama pulled French President Nicolas Sarkozy and Chinese President Hu Jintao into a corner of a room in London’s Excel Centre, according to press reports from London.

An Argentine president headed for the first time a ceremony in London commemorating the 27th anniversary of the Argentine April 2 landing in the Falkland Islands which triggered in 1982 the South Atlantic conflict with the United Kingdom.

United States senators from both parties, backed by activists and businessmen, began promoting a bill this week to lift travel restrictions to Cuba, and apparently have the necessary votes for approval.

Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis with measures worth 1.1 trillion US dollars.