As the Chinese Evergrande Group falls into debt some regards as an encore of the Lehman Brothers crisis of 2008, markets around the globe have begun to brace for the worst despite little signs of encouragement in the opposing sense.
“Uruguay could be a Silicon Valley of the south”, said Inter-American Development Bank (IDB) President Mauricio Claver-Carone Wednesday after meeting in Montevideo with President Luis Lacalle Pou.
Enrique Antía, Mayor of the Uruguayan department of Maldonado where the elite Punta del Este beach resort is located Tuesday warned of actions by the Buenos Aires Government of President Alberto Fernández to persuade vacationers against travelling abroad next Summer.
The iconic Torres de Manantiales hotel in the traditional Argentine beach resort of Mar del Plata is closing down due to a steady lack of guests resulting from sanitary restrictions which have corseted people's freedom of movement.
The developers of the building which collapsed last week in Southern Florida were under investigation for allegedly bribing local officials to get the permit to build the condominium which has left around 10 people confirmed dead plus some 150 others yet unaccounted for.
US President Joseph Biden Thursday approved an emergency declaration in the state of Florida after at least three people were found dead and about 100 were still unaccounted for when a Miami Beach 12-story condominium fell to its ashes.
A replica of Leonardo Da Vinci's famous Mona Lisa has been sold for 2.9 million euros in an online auction, Christie's house announced. It was a record price for a reproduction.
Argentine businessman Jorge Horacio Brito, one of the richest people in the country, has died, according to a statement from Banco Macro, the bank he founded. Brito, 68, died Friday afternoon following a helicopter crash in the northern province of Salta, the newspapers Clarin and La Nacion reported earlier.
London's iconic Tower Bridge suffered technical issues on Saturday when it was raised to let a ship through - and was unable to close. Traffic around the area became deadlocked after the bridge was closed to vehicles for several hours during the afternoon and evening.
Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly five percent, the retailer said on Wednesday.