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Selmi Marichi packs popcorn to sell in the shantytown of Pamplona Alta in Lima November 22, 2011. Pamplona Alta, home to thousands of families mostly from the highlands, is one of the poorest places in Lima.

Poverty Rates in Latin America Plunging

Between 1990 and 2010, the rate of poverty rate on the continent plunged from 48.4 percent to 31.4 percent; while the rate of indigence (extreme poverty) dropped from 22.6 percent to 12.3 percent.
President of Belarus Alexander Lukashenko

In a Close-knit World, Frontier Debt Loses Out

The escape route from risky peripheral euro zone debt into higher-yielding emerging markets is becoming increasingly tortuous, as the debt crisis marries the performance of all assets closer together.
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'Alien Skull' Discovered in Peru: From Indiana Jones to Real-life Find

Peruvian anthropologists have discovered the mummified remains of an alien-like creature, including a triangle shaped skull nearly as big as its body. Although Earthly explanations could explain the strange skeleton, links to the movie Indiana Jones and the Crystal Skull and other odd finds in South America have UFO enthusiasts' tongues wagging.
Greeks welcome news on PM, await crisis cabinet

Greeks welcome news on PM, await crisis cabinet

Greeks lauded the nomination of new prime minister Lucas Papademos on Friday and expressed hope his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.

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