While handing out government subsidies to industrial parks, President Cristina Fernández de Kirchner warned about inflation and told businessmen that “real profit will not come from high prices.”
Brazil's government stands ready to take further measures to curb a currency rally that is hurting domestic industry, Finance Minister Guido Mantega said today, speaking at a news conference in Brasilia.
The panel of leading stocks index increased 1.2 percent to 3,513.34 points. The main indicator of the Brazilian stock market's average performance increased 0.6 percent to 69,703.8 points.
The Merval panel of leading stocks index edged down 0.2 percent to 3,407.24 points. Meanwhile, Argentina's country-risk gained 3.35 percent to 525 basis points in the JP Morgan EMBI index.
The Merval panel of leading stocks index edged down 0.37 percent to 3,401.15 points. The main indicator of the Brazilian stock market's average performance gained 0.02 percent to 67,069.1 points.
Jose Mourinho said he was motivated by the challenges ahead at Real Madrid after agreeing a two-year contract extension which tied him to the Spanish champions until 2016.
Real Madrid coach Jose Mourinho has left Kaka out of his squad for a friendly against Oviedo today, increasing speculation the underperforming Brazilian playmaker is poised to leave the club.
Atlético Madrid set up a King's Cup final with city rivals Real after Diego Costa and Radamel Falcao scored in a 2-2 second leg draw at Sevilla today, to progress 4-3 on aggregate.
Real Madrid look like being crowned kings of Spain but need to overturn a 2-1 Champions League semi-final first leg deficit against Bayern Munich on Wednesday to continue dreaming of European glory.
Barcelona kept Real Madrid's La Liga title celebrations on hold at least for a few days with a crushing 7-0 victory at Rayo Vallecano after Real had cruised to a 3-0 home win over Sevilla.
Spanish champions Real Madrid have no intention of letting striker Gonzalo Higuaín leave but may need to buy a back-up goalkeeper if Antonio Adan cannot be persuaded to stay, coach José Mourinho said.
Barcelona took a giant stride towards a third straight La Liga title when they drew 1-1 at 10-man Real Madrid to preserve their eight-point lead over their arch rivals at the top with six games left.
Cristiano Ronaldo scored a hat-trick to lead Real Madrid to a 4-0 home win over Getafe, denying leaders Barcelona the chance to win the La Liga title without kicking a ball.
Sharp thinking and brilliant execution by Lionel Messi and Cristiano Ronaldo lifted Barcelona and Real Madrid to wins at Atletico Madrid and Rayo Vallecano respectively on Sunday that mantained Real's 10-point lead over their great rivals at the top of La Liga.
Nineteen years ago, TV producers Jonathan Murray and Mary-Ellis Bunim put seven ordinary 20-somethings from different backgrounds into a house and launched the phenomenon known as reality television.