Both the United States and Cuba would benefit if Washington would lift its longstanding trade embargo against the island, but US President Barack Obama has toughened the sanctions since taking office in 2009, a top Cuban official said.
Brazilian president Dilma Rousseff is scheduled to meet with her US peer Barack Obama next week in the framework of the annual opening of the UN General Assembly and at the end of the month will be hosting British PM David Cameron in Brasilia, according to Sao Paulo media reports.
US soybean futures tumbled on Monday trading posting their biggest percentage drop in nearly one year, on selling sparked by anecdotal accounts of better-than-expected yields in the Midwest farm belt.
US President Barack Obama denied on Thursday contrary to what many of his critics contend that he has neglected Latin America and said that his administration has been “very aggressive” in trying to broaden relations with the region.
Brazil rolled out additional stimulus measures to bolster its sluggish economy on Thursday, extending tax breaks to more than two dozen industries and reducing the cost of acquiring capital goods in a bid to help struggling local businesses.
The International Raoul Wallenberg Foundation is increasing to 500.000 dollars the reward it is offering to any person or entity who can provide solid and provable information on the whereabouts of Wallenberg and his chauffeur, Vilmos Langfelder, Baruch Tenembaum and Eduardo Eurnekian, Founder and Chairman of the Foundation, announced last week.
The US central bank announced on Thursday it will resume its policy of pumping more money into the economy via so-called quantitative easing which consists of buying additional agency mortgage-backed securities at a pace of 40 billion dollars per month.
South America's cruise industry has been growing fast and holds vast potential, but the region must work together to tackle issues, create demand and rein in costs, said speakers at the Seatrade South America Cruise Convention in Buenos Aires.
The whistleblower in a breakthrough tax fraud case against Swiss bank UBS AG has won a record-setting 104 million dollars reward from the US Internal Revenue Service, a handsome payout that could entice more informants to come forward.
The United States may lose its triple-A debt rating if next year's budget negotiations do not produce policies that over time decrease the country's debt, Moody's Investors Service said in an e-mailed statement on Tuesday.