Argentina’s Cabinet Chief Aníbal Fernández is the latest high-ranking official to address the Wikileaks controversy after Spanish newspaper El País published several cables that denounced various corruption cases within the Cristina Fernández de Kirchner administration.
US unemployment remains too high for policymakers' comfort despite signs of strength in the economic recovery, Federal Reserve Chairman Ben Bernanke said. In testimony to the US House of Representatives' Budget Committee that largely echoed a speech he delivered last week, Bernanke also warned about the dangers of unsustainable budget deficits.
United States unveiled a strategy to spend 53 billion US dollars on high-speed rail and intercity network over the next six years. It's a plan that will, according to Vice-president Joe Biden, bring the US closer to giving 80% of Americans access to high-speed rail in the next 25 years.
When former Chilean dictator Gen. Augusto Pinochet flew to Europe in 1998 for a vacation and back surgery, little did he know that he would be jailed by British authorities (acting on a Spanish arrest warrant) for human rights violations that occurred during his 17-year dictatorship.
US Treasury Secretary Timothy Geithner reached out to Brazil by citing a shared concern - China - and endorsing Brazil's approach for dealing with global economic distortions.
Former internet media giant AOL is buying the online newspaper The Huffington Post for 315 million US dollars in a bid to regain its position as a leading producer of web content, the companies announced Monday.
Brazilian policy towards Middle East and the Arab world harm US strategy in the region according to US embassy diplomatic cables between 2004 and 2009, recently exposed by Wikleaks.
United States Treasury Secretary Tim Geithner will visit Monday Brazil to discuss economic cooperation. Geithner is scheduled to return on the same day.
The International Monetary Fund urged Uruguay to focus policies on securing “a soft economic landing” amid a surge in capital inflows to emerging economies and higher commodity prices.
Brazilian President Dilma Rousseff will discuss with her U.S. counterpart Barack Obama ways to counteract the threat posed by an undervalued Yuan and cheap imports from China, a Brazilian official said.