The US Republican presidential candidate Mitt Romney said he has chosen Congressman Paul Ryan as his vice presidential running mate, a move that will bring the debate over how to reduce government spending and debt to the forefront of the race for the White House.
The US House of Representatives passed a 383 million dollars disaster relief bill that provides political shelter for lawmakers during the worst drought in half a century, but may not release the aid for months to come.
Pork and chicken will join beef on the menu of expensive meats as drought and US ethanol policy combine in a corn “disaster”, the head of the world’s largest pork producer has said.
United States Centers for Disease Control and Prevention is warning that a new strain of swine flu is raising concerns as it continues to infect people throughout the Midwest region.
Prices of Brazilian crop land have soared 18% in the past year, to judge by data from one of the country's biggest agricultural groups, which revealed plans to take sowings nearly to 300,000 hectares, according to Agrimoney.com.
President Cristina Fernandez government expressed its deep disappointment directly to the State Department following the announcement that the Texan oil company Noble Energy would become involved in hydrocarbons activities in the Falkland Islands.
Federal Reserve Chairman Ben Bernanke said that although broad measurements of the United States economy point to recovery, many people and businesses are facing tough times.
Police in Peru have seized 2.3m dollars in counterfeit notes. Prosecution said the notorious Quispe Rodriguez family clan is behind the production of fake currency. Peruvian police chief, Raul Salazar, said the gang was planning to smuggle the counterfeit 50 dollar bills into the United States, hidden inside Peruvian souvenirs.
Mexican regulators have imposed a fine of 27.5 million dollars on banking giant HSBC for its failure to comply with money-laundering regulations.
The White House cut its outlook for US growth in 2012 and 2013 on Friday, hours after data showed the economy grew at a tepid pace in the second quarter, raising concerns about a slowdown that could mar President Barack Obama's re-election chances.