Latin America has stayed afloat during the global economic crisis in part because of a wave of high commodity prices. But a new IADB report indicates this may not last.
The new leader for the world's Catholics gave a short speech in Italian from his window, a traditional Sunday duty of popes.
The more devout and orthodox the believer, the more likely they are to welcome the pope, but even liberal Catholics are willing to give him the benefit of the doubt.
In his first blessing from the Vatican balcony, Pope Francis spoke of the 'evangelization' of Rome, a clear sign he would carry on the 'New Evangelization' legacy of John Paul II and Benedict XVI.
Residents of Buenos Aires met the papal announcement with surprise, checking smartphones in the street and asking each other if the news was true.
Catholics praised the selection of Pope Francis, saying that his roots in the Southern Hemisphere could mean more attention to issues of poverty and underdevelopment.
Pope Francis is the first Latin American pope, a prospect that fills many in the region with hopes for better representation of their concerns at the Vatican.
Venezuelan president Hugo Chávez was ‘this close’ to being a dictator.
Best airport named: Indianapolis International beat out airports in Ottawa and Tampa. Indianapolis also was named the top North American airport in 2010.
About two years ago, citizens in Cherán, Mexico decided to battle illegal logging and drug violence by kicking out the police and running the town according to indigenous tradition.