Daily Headlines: March 10, 2010

* Brazil: Rumors of a “trade war” between Brazil and the U.S. have emerged after Brazil raised tariffs in response to high U.S. taxes on cotton exports.

* Puerto Rico: Unemployment on the island reached a staggering 15.8% in January and is expected to grow with the layoffs of thousands of public employees.

* Mexico: Is Mexico’s weakened economy slowly bouncing back?

* Argentina: One of the Iranians charged in the 1994 bombing of a Buenos Aires Jewish center denied that he was involved in the attack.

Image – BBC News (In 2008, the WTO ruled as discriminatory U.S. tariffs on Brazilian cotton exports).
Online Sources- AFP, AP, LAHT, Bloomberg