
President Barack Obama has named Lilian Ayalde a career diplomat with a long experience in international cooperation and former ambassador to Paraguay as the next ambassador to Brazil it was announced by the White House.

The International Monetary Fund cautioned on the possible risks of the United States ‘non timely’ unwinding of the stimuli program implemented by the Federal Reserve and the collateral effects that such a policy could have on emerging economies, as those in Latinamerica.

United States could spur growth by adopting a more balanced and gradual pace of fiscal consolidation, especially at a time when monetary policy has limited room to support the recovery further, the International Monetary Fund said after wrapping up its annual review of the world’s largest economy.

The Federal Reserve Board on Wednesday announced that the redesigned 100 dollar note will begin circulating on 8 October 2013. This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate.

The Isle of Man and Jersey have hit back at accusations that they facilitate tax evasion and avoidance ahead of next week's G8 summit. The offshore jurisdictions, frequently described as tax havens, suggest recent pressure from world leaders is politically motivated.

The United States Supreme Court ruled on Thursday that companies cannot patent parts of naturally-occurring human genes, a decision with the potential to profoundly affect the emerging and lucrative medical and biotechnology industries.

Peruvian president Ollanta Humala said he favoured the incorporation of the United States as observer to the Alliance of the Pacific, a free trade, pro-business and open market group made up of Chile, Colombia, Mexico and Peru.

President Barack Obama welcomed Peruvian counterpart Ollanta Humala to the White House on Tuesday, in Washington's latest effort to meet a deadline to seal a Trans-Pacific Partnership trade deal. Humala praised the Obama administration for its open attitude in addressing strategic issues.

Wikileaks founder Julian Assange, a refugee for almost a year at the Embassy of Ecuador in London, is recommending that Edward Snowden, 29, seek refuge in Latin America.

An ex-CIA employee has said he acted to protect basic liberties for people around the world in leaking details of US phone and internet surveillance. Edward Snowden, 29, was revealed as the source of the leaks at his own request by the UK's Guardian newspaper.