* Latin America: According to a joint OECD-FAO study, food prices worldwide will rise over the next decade though farm production in Latin America is also expected to increase.* Mexico: A magnitude 5.7 earthquake followed by minor aftershocks rattled areas along the California-Mexico border Monday evening.
* Venezuela: Citing a “grave financial situation” the state took over and may possibly close Banco Federal CA.
* Brazil: The country’s leading political parties selected their candidates for October’s presidential elections.
Image –National Geographic (“ Tortilla maker Leticia Balino gathers a pile of the flatbreads in her shop in México City on January 10, 2007.”)
Online Sources- NASDAQ, BusinessWeek, CNN, Bloomberg
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